We appreciate your trust and commitment to the FPL Budget Billing® program.
Let us remind you of the benefits to your enrollment:
Experience the benefits
How FPL Budget Billing® works
How your bill is calculated
We average the past 12 months of your home’s energy usage to evenly distribute the cost throughout the year.
Your bill stays transparent
Each month, your bill will show your actual energy usage along with your monthly Budget Bill amount.
Only pay for what you use
You pay exactly for the energy you use – not a penny more, not a penny less.
Cancelling comes with conditions
Cancelling means you will be responsible for any deferred balance on your next bill, and you won’t be eligible to rejoin the program for 12 months.
When you enroll in FPL Budget Billing, you will receive a monthly statement that includes three amounts:
- "Actual electric charges" amount – what you would pay on FPL’s regular billing plan.
- "FPL Budget Billing" amount – what you owe as an FPL Budget Billing customer.
- "Deferred Balance" amount – the cumulative difference between your "actual electric charges" and your "FPL Budget Billing" amount. If you discontinue your enrollment, you will be responsible for this amount.
We encourage you to stay on the program for at least one year to realize the benefit and avoid paying a high deferred balance. There is no annual "true-up" period with FPL Budget Billing unless you close your account, discontinue the program, or FPL Budget Billing is discontinued because of a past-due bill. Please note that if FPL Budget Billing is discontinued, you will be unable to enroll for 12 months.
Any difference between your Budget Bill amount and the actual electric charges amount is added to a deferred balance.
- If your participation in FPL Budget Billing is terminated, for whatever reason, the deferred balance will be applied to your next bill, and you will not be able to rejoin the program for 12 months following the date of termination.
- If the deferred balance is owed back to FPL at the time of termination, the balance will be billed to you.
- If the deferred balance was a credit at the time of termination, the balance will be credited against any outstanding billed amounts, and any remaining balance will be credited your future bill or returned upon request.
- Customers who transfer the location of their service account within FPL’s territory will have the debit or credit balance transferred to the new service address.
ACKNOWLEDGMENT
By enrolling in FPL Budget Billing, you agree that your monthly bill will be calculated by the Budget Billing terms.
Any residential customer with no delinquent balance is eligible to participate in Budget Billing. A customer may terminate participation from the program at any time and/or may be terminated by FPL if account becomes subject to collection action.
While enrolled in Budget Billing, a customer is billed monthly on a levelized consumption basis rather than on the basis of current consumption. A Budget Bill monthly bill will contain:
Actual electric charges: Current consumption and associated charges; what would have been charged if off the program.
Budget Bill: The levelized consumption amount, which is determined by averaging the last 12 monthly billings for the premise, plus 1/12 of the deferred balance.
To note: If the account has been active less than 12 months on the premise, then FPL will use a combination of the customer’s billing history and the history on the premise.
Deferred Balance: Any difference between the levelized amount and the actual electric charges amount is added to a deferred balance.
If the customer’s participation in the Budget Bill program is terminated, for whatever reason, the deferred balance will be applied to the customer’s next bill, and the customer will not be able to rejoin the program for 12 months following the date of termination. If the deferred balance was a credit at the time of termination, the balance will be credited against any outstanding billed amounts, and any remaining balance will be credited against the customer’s future billings or returned upon request. If the deferred balance was a debit at the time of termination, the balance will be billed to the customer. Customers who transfer the location of their service account within FPL’s territory will have the debit or credit balance transferred to the new service address.
Note: Any GS-1 or GSD-1 customer who has no delinquent balances and has been at the same location for 12 consecutive months with the company is eligible to participate in the Budget Billing Plan excluding GS-1 or GSD-1 customers that rent electrical facilities from the company under a Facility Rental Service Agreement and GSD-1 customers taking service under the Seasonal Demand Time of Use Rider.