Navigating fluctuating energy bills can be challenging, especially with seasonal temperature changes. CoServ understands these challenges and offers Budget Billing Plans designed to provide predictable and manageable monthly payments. These plans smooth out the highs and lows of your energy consumption, making budgeting easier throughout the year. Instead of reacting to unpredictable bills, CoServ empowers you to take control with two distinct Budget Billing options tailored to your needs.
Explore CoServ Fixed Budget Billing Plan
With the CoServ Fixed Budget Billing Plan, predictability is key. Your monthly bill is calculated based on a 12-month average of your energy consumption. This means you’ll pay roughly the same amount each month, providing consistent budgeting. This fixed amount remains constant until a recalculation occurs in April and October. These recalculations are essential to ensure accuracy and account for any overpayment or underpayment. Following each recalculation, CoServ will notify you of your new budget amount, which will take effect the subsequent month.
CoServ Budget Billing Plans offer predictable energy bills.
Discover the CoServ Average Budget Billing Plan
For those seeking a highly consistent bill, the CoServ Average Budget Billing Plan offers an excellent solution. This plan also utilizes a 12-month rolling average, but with a crucial difference: recalculations happen monthly. This frequent adjustment means your budgeted amount will adapt more dynamically to your actual energy usage. While your payment may slightly fluctuate each month, these changes are typically minimal, ensuring a consistently predictable billing experience with CoServ.
Understanding CoServ Recalculations
Recalculations are a vital component of both CoServ Budget Billing Plans. They serve to maintain the fairness and accuracy of your plan. Whether you choose the Fixed or Average plan, recalculations ensure that you are neither significantly overpaying nor underpaying for your energy consumption over time. Any accumulated credit or debit is factored into your new budget amount during these recalculation periods, providing transparency and preventing large unexpected adjustments later. Fixed Budget Billing recalculates bi-annually, while the Average Budget Billing plan recalculates monthly for finer adjustments.
Enrolling in a CoServ Budget Billing Plan
Enrolling in a CoServ Budget Billing Plan is straightforward for new participants. Simply log in to your SmartHub account and navigate to the Budget Billing enrollment section. Please note that to be eligible for enrollment, your CoServ account must have a zero balance. For further guidance, CoServ provides a comprehensive Budget Billing Enrollment Guide. To qualify, CoServ residential Electric Members and Gas Customers need at least six months of billing history at their current address. Budget Billing Plans are exclusively for residential accounts. Enhance your convenience by also enrolling in Auto Pay and Paperless Billing with CoServ.
Important Considerations: Failure to pay your bill by the due date may result in immediate removal from the Budget Billing Plan, and any outstanding balance will be applied to your next statement. Should you decide to discontinue your Budget Billing Plan or close your CoServ account, any outstanding debit will be immediately due. Conversely, any credit will be issued on your next or final bill. CoServ Budget Billing Plans are designed to simplify your energy budgeting and provide peace of mind.
