[ale] Electric bill
Mike Harrison
cluon at geeklabs.com
Sun Jun 26 11:05:45 EDT 2011
>> steal your money. The annual contract specifies in the fine print that if
>> the company over estimates the charges, they KEEP your money. You don't get
>> it back! Which means, of course, that they have a HUGE incentive to over
In all utilities I deal with (more than one), the system will apply that
to your account as a positive balance that is either applyable to future bills or
refundable. Our system calls it your "wallet", as in many countries if it
is a positive account balance producing a negative number (credit) on the
bill, they must issue a check for that amount. In either case, positive
balances should be easily converted into a refund/cash. Exception:
if postpaid (arrears billing) that balance may have to exceed your
estimated pending billing before a refund is issued.
>> BUT . . . You can do the math yourself and not waste your money. Ga. Power
>> is perfectly willing to let you overpay your monthly bill most of the year
>> to build up a credit pool to apply to the summer months. That's what we are
>> doing now and it is working well.
Personally: Yeah, when I have low bill months I pay extra, and that
offsets the higher bill months well. Used to drive EPB/Chattanooga's
system math nuts. :) They finally fixed it.
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