BGE Budget Billing
BGE's Budget Billing program lets customers
spread out their annual BGE bills into even monthly payments.
The program is available to:
All gas firm service customers
(residential and commercial)
All electric residential customers
All Schedule G & GS non-residential
The monthly budget amount is calculated
by estimating a customer's annual bill in even monthly payments over
11 months with the 12th month being settlement month. In other words, the monthly bill
is calculated by estimating the annual bill multiplied by 8.7% rounded
to the nearest dollar.
month is based on the customer's heating type:
If the customer
uses gas or electricity for heating then their settlement month is
If the customer does not use gas
and electricity for heating and normally has higher use in the Summer (i.e. air
conditioning), then their settlement month is February.
The customer's bill
for the settlement month is calculated by taking the difference
between the amounts previously billed and the actual charges based on
the customer's use.
If the settlement
difference is greater than the prior budget bill amount plus $12, the
excess over the budget bill amount is carried forward to the new
budget bill year and spread evenly over the next 12 months rounded to
the nearest dollar.
If the settlement
difference results in a customer having a credit, then the credit
amount is continuously applied to the customer's next bill until the
credit is gone.
Budget bill amounts
are reviewed and generally adjusted if necessary effective in
September, December, March and June. The September (heating
customers) and March (non heating customers) adjustments are formal
reviews where the customer's actual use and charges along with BGE's
projected rates are recognized. Adjustments do not occur unless
the new budget bill amount will be changed by at least $5. The
December and June adjustments are simply a review of the difference
between billings and actual charges.
When a customer enrolls with a gas or
electricity supplier, the budget bill amount decreases immediately
upon the effective date of the enrollment to reflect the fact that
they are no longer purchasing the energy from BGE. When a
customer switches from one supplier to another supplier, no change is
BGE does not offer this service for the
customer's supplier charges. However electricity suppliers can still
calculate their own budget bill amounts to be displayed on BGE's bill.
The most common method is to include the electricity supplier's budget
bill amount and description (up to 13 characters) in the EDI 810 SAC
and TDS segments (See EDI Implementation Guidelines). If the
electricity supplier is reflecting a credit in the SAC segment, this
must be shown as a positive number. In addition, electricity
suppliers may use the "Supplier Custom Message" field (up to 160
characters) to provide details or messages to the customer about the
electricity supplier's budget bill program.