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Home :: Account :: Payment Info | |
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Payment Info |
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Levelized Budget Billing Are you tired of your monthly electric bills going up and down like a roller coaster? Do you want to not be surprised by the amount of your next bill? As the weather changes outside, so does your electric bill, and that makes it hard to budget from month to month. It's not just the winter months that are hard on the wallet; if you have air conditioning, the summer months can be just as tough on your budget. Lower Yellowstone Rural Electric Association has introduced our Levelized Budget Billing to help make that budgeting a little easier. How does it work? Every month LYREA will take your current reading to calculate a billed amount, add the previous 11 months' amounts and average these to calculate the budgeted amount. Therefore, your bill will fluctuate only a few dollars from month to month; it's actually a moving average. In order for this to calculate properly, it is important that we receive a current reading each month. This service is available to all residential customers who are current, have an "A" credit rating, and have established a 12-month history of service with LYREA. The customer can remain on Levelized Budget Billing as long as their account remains current. If you have any questions, contact us and we would be happy to answer any of your questions. To sign up for Levelized Budget Billing, pick up a form from our office and return it with your payment. Mail your bill to us at: Lower Yellowstone Rural Electric Association Drop Boxes Drop boxes are available as a convenient way for you to return your bill. Boxes are located at the following locations:
Late Payment On the 10th of every month a late payment charge of $1.00 or 1.5%, whichever is greater, will be assessed to all accounts with a previous month's unpaid balance.
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Hwy 16 NW :: PO Box 1047 Sidney, MT 59270 :: 406.488.1602 :: lyrec@lyrec.com | |