Budget Billing is a free program that uses up to 12 months of recent energy usage at your home to calculate an average monthly amount. Your amount is reviewed each month and adjusts slightly over time as your usage changes. You still pay for the energy you use — Budget Billing simply spreads costs over time, helping smooth seasonal bill spikes and make monthly bills more predictable.
This means:
Enroll by Sept. 8, 2026, to receive a $10 gift card to use at one of your favorite retailers, like Amazon®, Starbucks®, Target® and more.
*Gift card official rules apply
Watch this short video to learn how Budget Billing works and what you can expect while enrolled.
Regular Billing may be a better fit if you prefer your bill to reflect your actual energy use each month.
Budget Billing may be a better fit if you prefer more predictable monthly payments and fewer seasonal bill swings.
With either option, you still pay for the energy you use over time. Budget Billing changes when you pay, not how much energy costs overall.
We review up to 12 months of recent energy usage at your home and calculate an average monthly amount.
Each month, your newest month of usage is added and your oldest month is removed, creating a rolling 12-month average. Your Budget Billing amount adjusts slightly over time as your energy use changes.
Each month, we compare your actual electric charges to your Budget Billing amount. The difference is tracked as a deferred balance and applied gradually to future bills.
If you leave the program, any remaining deferred balance is settled — added to or credited on — your next bill.
When you enroll in FPL Budget Billing, your monthly statement will show three amounts:
There is no annual “true-up” period unless your account is closed, you leave the program or Budget Billing is discontinued. This includes if it’s due to a past-due bill. You will be able to re-enroll after 12 months.
A deferred balance is the difference between your actual electric charges and your Budget Billing amount.
If your actual electric charges are higher than your Budget Billing amount, the difference is added to your deferred balance. If your actual electric charges are lower, the difference is subtracted from it.
This balance is spread over time instead of charging everything in a single month.
If you recently moved to the address, we estimate your starting Budget Billing amount using up to 12 months of available usage history for that address.
If fewer than 12 months are available, we’ll use the history we do have to calculate your average.
As more usage becomes available, your rolling average updates automatically.
Budget Billing is designed to make bills more predictable, not fixed.
Each month, we review your most recent usage through a rolling 12-month average. As your usage changes over time, your Budget Billing amount adjusts to stay aligned with your actual energy use.
Budget Billing is based on a rolling average of your energy use, so your Budget Billing amount may be higher than your actual charges in some months and lower in others.
When your actual charges are lower than your Budget Billing amount, the difference reduces your deferred balance and helps offset higher-use months later in the year.
Enroll in FPL Budget Billing by Sept. 8, 2026, and qualify to receive a $10 gift card from a retailer of your choice.
To receive the gift card, simply enroll during the promotional period and remain enrolled in Budget Billing through the fulfillment date. Eligible customers will receive a notification by email or mail within 3–4 weeks after the promotion ends with instructions on how to claim their reward.
How to redeem your gift card:
For complete details, please view the official rules.
Program terms and conditions can be found here.