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AMP

Average Monthly Payment Program

Know ahead of time what to budget for your monthly electric bill with our Average Monthly Payment program. We understand that the amount of electricity used by a member fluctuates throughout the year. This program is designed to help you budget for your bill by smoothing out your payments.

BENEFITS

  • Free enrollment
  • Easier budget and expense management
  • Reduced bill fluctuation due to hot or cold weather

MEMBER REQUIREMENTS

  • Must have lived at your location for at least one full year;
  • PEC credit history of no monthly payments received after the 20th of any month or any returned checks;
  • May not participate in the DelayPay program.

HOW IT WORKS

An average monthly or budget amount is calculated based on your prior 12 months of electric bills. This is the amount due that will show on your bill each month. We will continue to calculate your actual bill based on the applicable rate and actual meter readings.

Each month, your bill will show your balance forward, actual charges and current balance. The difference between what you have previously paid and your actual bill will be reflected on the "balance forward" line of your bill. If the balance forward is a credit, then you are ahead. If the balance forward is a positive amount, then your actual bills have been more than you have paid. If this balance is higher than you could comfortably pay at one time, please contact Member Service to increase your A.M.P. amount or to make a one-time payment to lower your balance.

In addition, the A.M.P. will be recalculated periodically to keep it in line with actual charges. This may result in an increase or decrease in the A.M.P. amount. The A.M.P. program may be terminated upon service disconnection, by the member making written request or by the Cooperative, should the member fail to pay the A.M.P. amount on a current basis. The entire account balance shall become immediately subject to the Cooperative's regular billing collection procedures upon program termination. Any applicable late-payment penalty in the Cooperative's approved rate schedules shall be assessed to the A.M.P. amount. Accounts participating in the A.M.P. program are not eligible for payment extensions or PEC's DelayPay program.

HOW TO JOIN

To enroll, contact our Member Services department by the 15th in order to be put on the program for the next billing cycle.

Certain restrictions may apply. Member understands that the amount of their electric bill will be a set monthly figure based upon average use beginning next month and continuing each month thereafter.