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Finance Tip of the Day

Saving on Electricity: Is Flat Billing Good for Your Budget?

  • 2016 19 Sep
  • COMMENTS
Saving on Electricity: Is Flat Billing Good for Your Budget?

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Saving on Electricity: Is Flat Billing Good for Your Budget?

For some of us, our electric bill can become that unexpected source of newly found cash, especially if you’re currently on a “flat billing” plan with your electric company.

Depending on your electric company, this may be a great idea where you’ll get your money back if you use less electricity than what you paid for. In many cases, however, it’s a way for the electric company to charge you more money! So before you opt in, ask the necessary questions to understand refunds and usage policy! If you don’t ask the right questions, your budget will suffer!

Today's tip brought to you by Mvelopes and Money4Life Coaching.


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