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The budget billing requirement is crazy. It hides the true cost of the electricity being used, and it creates problems at the end of the annual billing cycle when the budget number. doesn’t match reality and you’re hit with a lump sum payment to zero things out.
It’s like buying your electricity on credit. Personally, it’s the last thing I would like to see.
This seems like a ploy by the power companies to hide the ever rising cost of their product.
Agree. Levelized billing is also already available to most residential customers.