Economic Development
Commercial Balanced Billing
Change the way you pay your LIPA bill. It's Simple, Convenient, Predictable, and Practical!
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.
- Could 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?
- How long do I have to stay on Balanced Billing?
- How does LIPA determine my Balanced Billing Amount?
- Is there a fee to join Balanced Billing?
- Will my monthly payment ever change?
- How do I enroll?
- Is there a penalty if I choose to come off the program during the Balanced Billing year?
Could your 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. back to top
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. back to top
How long do I have to stay on Balanced
Billing?
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. back to top
How does LIPA determine my Balanced
Billing Amount?
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.
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Is there a fee to join Balanced Billing?
No. Commercial Balanced Billing is a free service for qualified
LIPA non-residential customers.
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. back to top
How do I enroll?
You must be billed under rate 280 to be eligible for Commercial
Balanced Billing. You can find your rate code on the back of
your bill in the first line under your account number. Rate 280
customers contact LIPA at 1-800-490-0025 to determine if you
meet the criteria to enroll.
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Is there a penalty if I choose to come off
the program during the Balanced Billing year?
There is no penalty, ever. Commercial Balanced Billing
distributes your annual electric costs into twelve convenient
monthly payments. Call today at 1-800-490-0025 to find out if
you qualify.
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