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FPL Budget Billing

FPL Budget Billing® gives you more predictable energy bills by evening out your energy costs throughout the year, so you pay about the same each month.

Check eligibility

Experience the benefits

  • white outlined icon of a smiling sun in sunglasses and a snowflake in a cycle

    Reduce seasonal bill spikes caused by hot or cold weather

  • white outlined icon of a calendar and money

    Easier to manage your monthly expenses

  • white outlined icon: stack of coins and cash crossed out to depict free

    It’s free – you pay only for the energy you use

How FPL Budget Billing works

  1. FPL Budget Billing uses up to 12 months history of energy usage at your home to determine a rolling average. This allows us to evenly distribute the cost throughout the year, ensuring you pay about the same amount each month.
  2. Your monthly bill statement will show the difference between your actual electric charges and your monthly “Budget Bill” amount – this will help you keep an eye on your energy usage so you can remain in control. While this program does not save you money, it’s a great way to manage what you pay every month. 
  3. On your monthly statement, you will see a deferred balance, which is the difference between the bill for your actual energy usage and your Budget Bill. Because FPL adjusts this balance each month, the payment due never gets too large and is more predictable. This balance also reflects what will be added to or subtracted from your final bill, should you decide to stop using the program. 

See if you qualify

Note: Your account must have a zero balance before Budget Billing can begin.

Additional information

Which billing option is better for me?

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.

How is FPL Budget Billing calculated?

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.

What will my bill show?

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.

What is a Deferred Balance?

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.

What if I haven’t lived in my home for 12 months?

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.

What happens if I move?

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.

Is FPL Budget Billing a savings program?

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.

Why isn’t my Budget Billing amount the same every month?

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.

Why is my Budget Billing amount sometimes higher than my actual bill?

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.

What happens if I leave Budget Billing?

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.

What are the FPL Budget Billing program terms and conditions?

Program terms and conditions can be found here.