Commercial Balanced Billing
Change the way you pay your LIPA bill. It's Simple, Convenient, Predictable, and Practical!
LIPA establishes your balanced billing amount by monitoring your previous usage patterns, the weather and current rates to project your cost for the year ahead. That amount is divided into twelve convenient monthly payments.
Program Highlights
- The cost for your annual electric use remains the same
- Payments are distributed evenly
- Free service for qualified LIPA non-residential customers
Eligibility & Enrollment
- You must be billed under rate 280, 281, 290 & 291 to be eligible
- You can find your rate code on the back of your bill in the first line under your account number
- To enroll: Call us 1-800-966-4818 to determine if you meet the criteria to enroll.
You can enroll or come off the program at any time. There is no contracted time. It is to your benefit, however, to remain on Balanced Billing for a full year. While you can cancel the program at any time, any outstanding balance becomes due upon cancellation.
Frequently Asked Questions
- Would my business benefit from LIPA’s Commercial Balanced Billing program?
- If I enroll in Balanced Billing, will my meter continue to be read the same way?
- Will my monthly payment ever change?
- Is there a penalty if I choose to come off the program during the Balanced year?
Would my business
benefit from LIPA’s Commercial Balanced Billing Program?
Many of our commercial customers experience fluctuations in
the amount of their LIPA bills. For most customers, the summer
air conditioning season produces the highest bills of the year.
However, not all businesses experience a seasonal arrival of
cash.
LIPA recognizes the impact that these fluctuations can have upon your bottom line. With the Commercial Balanced Billing Program, businesses can expect a more predictable expenditure for electricity each month. The cost for your annual electric use remains the same, but payments are distributed evenly over a twelve-month period.
If I enroll in Balanced Billing, will
my meter continue to be read the same way?
Yes. Your meter will be read on the same schedule. All Commercial
Balanced Billing customers receive a monthly bill. It is extremely
important that LIPA continues to obtain actual meter readings.
Check your bill and be sure you have received an actual reading.
Call for an appointment if you notice several estimated readings
in a row.
Will my monthly payment ever change?
It may be necessary to change your balanced billing amount during
the year if your usage pattern increases or decreases by a minimum
of ten percent. Differences in annual weather patterns, modifications
in business activities or rate changes may produce a change
in your balanced billing amount. These adjustments prevent you
from owing an additional amount at the end of the balanced billing
year or avoid overpayment each month.
Is there a penalty if I choose to come
off the program during the Balanced year?
There is no penalty, ever. Commercial Balanced Billing distributes
your annual electric costs into twelve convenient monthly payments.
Call 1-800-966-4818 to find out if you qualify.
To Enroll in Balanced Billing
Call us 1-800-966-4818 to determine if you meet the criteria to enroll.
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