Balance Out the Highs and Lows

You can have a more predictable energy bill by enrolling in IPL’s Budget Billing program. It automatically evens out the monthly highs and lows so your energy bills are more consistent.

How it Works

  • The starting point is the average amount for your last 12 IPL bills
  • You’ll be billed the same amount for the first three months, even if your energy use varies
  • Your payment amount may be adjusted once every three months, as your actual energy use is factored into your rolling 12-month average
  • On every monthly bill, you’ll see how much energy you actually used and the cost, which may be more or less than the amount you pay that month under the Budget Billing plan
  • We’ll “settle up” with a credit or balance due in month 12, but seasonal adjustments throughout the year help avoid surprises

Who's Eligible

  • IPL residential customers who are current on their bill
  • When you enroll, your Budget Billing plan will begin with your next monthly billing statement

Enroll Today

budget billing comparison