Budget Billing

We total the last 12 months of your electric bill history and divide that amount by 12 equal monthly payments.

Whatever the amount, you'll end up paying only for the energy you actually use. Any overpayment or underpayment will be resolved through adjustments to your Budget Billing amount or direct payments.

If you've used more power than you've paid for, the total amount due will be billed with your next monthly statement.

If you've paid for more power than you've used, the credit balance will be applied to your following monthly bills.

To remain on the program, all bills need to be paid monthly by the due date or you will be subject to removal from the program, at which time, all unpaid usage becomes due and payable.

If you've used more power than you've paid for by the time you leave, you will receive a bill for the amount due.

If you've paid for more power than you've used, the credit balance will be refunded to you.

In order to participate in Budget Billing, you need to have 12 months of electric bill history as a TEP customer, or the subject property needs to have 12 months of TEP electric bill history.

Your monthly bill will look almost the same. It will show your meter reading for the month as well as charges for the utility services you used and the cost that would normally be due. It also lists the Budget Billing payment – the amount you actually pay.

Yes, you may pay more towards your budget billing amount. Please know that making a payment, more or less than the amount due, can impact the budget billing amount due the following month.  Please notify us immediately if the amount paid is different than the amount due by emailing BudgetBilling2@tep.com or calling 866-907-8541.

Your usage will be reviewed 12 months after the date you enrolled in Budget Billing. If your Budget Billing amount is adjusted, it may take two billing cycles for any changes to the budget amount to be reflected on your bill. TEP will continue to review your usage every 12 months thereafter, and may adjust your monthly budgeted amount based on your actual usage.

We may adjust Budget Billing amounts periodically to reflect changes in your actual usage. As a Budget Billing customer, you also have the option to request a review anytime to see if an adjustment to your Budget Billing amount is necessary to reflect your actual usage. But ultimately you'll only pay for the energy you use.