Utility Budget Billing
Utility Budget Billing has no subcategories
The structure of the services index and definitions of the terms contained herein were orginally published in A Taxonomy of Human Services: A Conceptual Framework with Standardized Terminology and Definitions for the Field by the Information and Refferal Federation of Los Angeles County, Inc., 3035 Tyler Ave, El Monte, CA 91731; Copyright (c) 1983, 1987, 1991. No part of there listing of human service terms and definitions may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electrical, mechanical, photocopying, recording or otherwise without the prior written permission of the Information and Referral Federation of Los Angeles County, Inc.
Utility companies that offer a levelized payment plan under which the utility predicts what future bills will be for a customer based on the prior year's bills and anticipated changes going forward (e.g., higher rates). The customer pays a level amount each month. If at the end of the budget year, the amount paid under a budget billing plan is more than actual charges, then the customer gets a credit. If the customer pays less than actual charges, the customer must make up the difference. Budget billing plans are intended to level out swings in utility bills due to seasonal changes in customer consumption and do not affect overall utility charges.
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