Cleveland Public Power is re-introducing Budget Billing to residential customers as an opportunity to spread costs over a year. With many customers seeking a way to effectively budget, this is a tool that will provide a level of stability.
How Does It Work
- Budget Billing is the average cost of your past 12-month electrical usage plus a 10% variance of your current usage
- By signing up for CPP’s Budget Billing you can alleviate higher bill payments during seasonal changes
- Enrollment is now open
- Open to Residential customers only
- Your bill must be current
- You must have 12 months of consumption history on your account
- You may cancel Budget Billing at any time by contacting our Customer Information Center (216-664-4600)
- Enrollment will be automatically renewed each year unless you cancel your Budget Billing
- Your Cleveland Public Power bill will now show your Budget Billing amount; it will continue to show actual read, consumption, residential electric charge, state taxes (ORC), and the actual cost of purchasing electricity (Energy Adj. Charge).
- If you move to another residence serviced by CPP while on Budget Billing, this plan can transfer; but your budgeted amount may increase or decrease due to your actual usage in your new location.
- On the final month of Budget Billing, you may have a debit or credit.
- If there is any amount owed (debit), payment is due in full by the due date printed on the bill
- If there is an overpayment (credit) you will start your new Budget Billing year with a credit balance
- The following month, your new Budget Billing year will begin with a possible adjustment to your budgeted amount
• If you default on your monthly budget payment plan for two (2) consecutive months, you will be removed from Budget Billing.