When Liz Yeager moved to a new place in Charleston, W. Va.’s historic East End neighborhood, she wasn’t sure what she was getting herself into when it came to her monthly electric bill payment. Her building was built in the early 1900s, and older homes tend to be less insulated, leading to higher electric bills. 

Liz enrolled in APCo’s Average Monthly Payment (AMP) plan, which helped her even out her electric costs, so she pays roughly the same year-round. The payment option averages a customer’s last 12 months of bills to create a predictable monthly payment; the amount changes slightly each month, based on usage, but monthly bills still stay roughly the same.

“It was very eye-opening, and it helped me figure out my annual budget for electricity,” Yeager said. 

AMP relies on a “deferred balance.” This number calculates the difference between the amount you pay and the amount of electricity you use. If you use more electricity than you pay for, your next monthly payment increases.

Yeager also appreciates planning in advance, because it helps her save for more fun purchases, like a trip to Carolina Beach she plans to take later this year. 

To sign up for AMP, visit this link.