Business Budget Billing

Components used to calculate your FPL Business Budget Billing | How FPL Business Budget Billing is calculated | Are accounts ever reviewed at the end of 12 months or adjusted annually (also known as "trued up")? | Sign up | Discontinue FPL Budget Billing

The FPL Business Budget Billing Program takes the guesswork out of your electric bill.

Many things can cause your electric bill to fluctuate over the course of a year, such as

• weather
• production increases
• new electronics or equipment
• etc.

To prevent major fluctuations in your bill, the FPL Business Budget Billing Program evens out your energy costs so you pay about the same amount each month.

Components used to calculate your FPL Business Budget Billing

Three components are used to calculate your Budget Bill amount, including your

• Actual Bill - the actual bill for the month based on your usage
• Budget Bill - the last 12 months' actual bills for your address (including the current month) divided by 12.
• Deferred Balance - the difference between the actual bill and the average bill for the current month. The deferred balance is placed in your Deferred Balance account each month. It is shown on your monthly bill as your Budget Bill Deferred Balance and can be a credit or a debit.

Note: You must be an FPL customer for at least 12 months in order to qualify.

How FPL Business Budget Billing is calculated

Each month 1/12 of your Business Budget Bill Deferred Balance account is added to (or subtracted from, if it is a credit) the average bill, and this becomes your current Budget Bill — the amount you will be asked to pay each month.

Note: Since the Budget Bills are recalculated monthly, the bills will vary slightly from month to month.

Are accounts ever reviewed at the end of 12 months or adjusted annually (also known as "trued up")?

FPL Business Budget Billing accounts will only have to be "trued up" when

• you close your account or
• you discontinue FPL Business Budget Billing or
• FPL Business Budget Billing is discontinued because of a past due bill.

Note: It is very important to keep your account current to remain in this program.

Sign up

Sign up for the free FPL Business Budget Billing program by completing the online application. It’s a great way to smooth the peaks and valleys of seasonal electric usage and enable you to budget with precision.

This is a long term and powerful way to help you manage your monthly energy costs for your business. While this program does not save you money, it will help you know what to expect to pay each month, which will make it easier to manage your business' budget. And by knowing what to expect on your bill, you can better manage your cash flow and focus on serving your customers and growing your business.

Discontinue FPL Business Budget Billing

If you are not satisfied with FPL Business Budget Billing, you can discontinue it at any time. However, your deferred balance will be added to your next month's bill, which could be a credit or debit depending on the time of year. Overall, we do suggest you stay on FPL Business Budget Billing for at least 12 months to understand the true benefit.

Note: It is important to be aware that there is a waiting period of 12 months to rejoin the program.