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:

• Actual electric charges — what you would pay under Regular Billing.
• FPL Budget Billing amount — the amount due as a Budget Billing customer.
• Deferred balance — the cumulative difference between your actual electric charges and your Budget Billing amount.

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.

If you move within FPL’s service area, Budget Billing may transfer to your new address. If you move outside FPL’s service area, any remaining deferred balance is settled on your final bill.

No. Budget Billing does not reduce your total energy costs. You still pay for the energy you use. Budget Billing changes when you pay, not how much you pay overall.

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 slightly 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.

Your account returns to Regular Billing with your next bill. Any remaining deferred balance will be added to or credited on your next bill. You may re-enroll after 12 months.

Enroll in FPL Budget Billing by Nov. 7, 2026, and qualify to receive a $10 gift card and be entered to win one of five $500 Visa^® gift cards!

To receive the $10 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:

• Enroll in Budget Billing during the promotional period.
• Watch for a reward notification by email or mail.
• Follow the instructions provided.
• Confirm your mailing information and choose your gift card.
• Your gift card will be mailed to you in an FPL envelope via USPS First-Class Mail.

See our gift card official rules for further details

To qualify for the $500 Visa^® gift card, simply enroll during the promotional period through one of the qualifying enrollment links (as indicated by the sweepstakes offer rules acknowledgement disclaimer), and remain enrolled in Budget Billing through the fulfillment date. Winners will be selected at random within 3–4 weeks after the promotion ends.

See our sweepstakes official rules for further details. 

Program terms and conditions can be found here.