Budget Billing is provided through the TDPUD as our Equal Payment Plan (EPP). This is a great program if you want to know how much your bill will be, if you are on a fixed income or your frequently travel. EPP is not a way to save money. You should still monitor your usage. With this program, you will know what your bill will be each month to help you plan accordingly.
EPP begins in May of each year. The program works by estimating your yearly bill based on your past 12 months of usage and then dividing that amount into equal monthly payments over a 12 month period. Your EPP amount will be recalculated with your May bill. Customers still pay for all the energy they use during the plan year.
- You must be current on your bill before joining the program.
- You must pay ONLY the EPP amount each month. Your bill will show your actual usage charges.
- If you make a payment other than the EPP amount you will be removed from the program.
- If actual usage substantially exceeds the previous years usage, your EPP amount will be adjusted accordingly.
If you have a deficit, the amount will be applied evenly over the next 12 months.