Levelized billing is a system that averages 12 months of your bills continually.
This averaging smoothes out the extreme seasonal variations, both highs and lows, to produce a more levelized amount each month.
This system does not produce a bill of the same amount each month. However, the amount from month to month should vary only slightly compared to the regular seasonal fluctuations.
Benefits
One of the benefits of the levelized billing program is that members are not forced to pay large bills during the air conditioning and heating seasons. Slightly higher bills compensate for these large bills during the fall and spring months.
Eligibility
To be eligible for Levelized Billing, you must have had service with the Cooperative for at least 12 consecutive months, and you must be willing and eligible to be set up on automatic bank draft.
How to Sign Up
If you are interested in your electricity bills being about the same every month, call (903) 846-2311. and talk to a Member Services Representative to see if you meet the requirements.
With PrePay, you can purchase electricity when you want and in the amounts you choose.
PrePay gives you the power to manage your electric payments as well as the power to monitor and control your usage.
There is never a deposit or late fee.
To get started with a PrePay account, there is a $15 application fee, a $15 connect fee, and a minimum of $50 usage credit required.
If it is easier for you to make daily, weekly, or bi-weekly payments, PrePay may be right for you.
If you want the most "hands-on" way to manage your electric usage, PrePay may be right for you.
How It Works
With PrePay, you will receive daily alerts and reminders via text message and/or email to inform you of your balance and usage.
Member Services will need to set up your account in order for you to sign a PrePay agreement allowing the use of your cell phone number and email address.
After setting up your account, adding credit to your account is easy through the Mobile App, Member Portal, or other regular payment methods.
