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Keep your energy expenses predictable
FPL Budget Billing helps you minimize seasonal fluctuations in your business’ electric expenses by averaging your energy usage throughout the year, so you pay about the same each month. Knowing what to expect in your electric bill helps you forecast operating expenses with greater accuracy.
While not a savings program, FPL Budget Billing transforms your electric bill into a more stable, manageable line item — allowing for more control, better expense tracking, and greater confidence in your financial planning for the year.
Do you qualify?
To qualify for FPL's Budget Billing® Program, customers must:
- Have been in business and receiving FPL electricity bills for 11 months
- Must not be delinquent on any bills for the past 6 months
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How to enroll*
- Log in to our website, or if you are new, register now (you'll need your FPL account number and last six digits of the Social Security Number associated with the account)
- Review your FPL Budget Billing amount
- Provide your name and e-mail address as acceptance, and complete your enrollment
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How FPL Budget Billing is calculated
- Your monthly Budget Billing amount will be based on the average of your actual bills during the last 12 months
- We continue to read your meter each month. Your monthly bill shows exactly how much energy you use, the actual bill amount, and any deferred balance on your account
- Each month 1/12 of your deferred balance will be added (or subtracted if a credit) to your average bill amount and becomes your current bill - so your bills will vary slightly from month to month.
Understanding your monthly statement
When you enroll in FPL Budget Billing, you will receive a monthly statement that includes three amounts:
- "Actual Bill" amount - what you would pay on FPL's regular billing plan
- "FPL Budget Billing" amount - what you owe as a Budget Billing customer
- "Deferred Balance" amount - the cumulative difference between your "Actual Bill" and your "FPL Budget Billing" amount
We encourage you to stay on the program for at least one year to realize the benefit and to avoid paying a high deferred balance.