Pay As You Go | A Prepay Energy Solution
Traditionally, people receive a utility bill once a month for all of the electricity they used in the previous 30 days. Pay As You Go works a little differently. This program allows you to choose how much and how often you want to pay before you use the electricity.
Think of Pay As You Go the same as you do putting gas in your car - you pay for it before you use it. You can purchase small amounts every few days or "fill up" the tank and not worry about it for several weeks. When your supply is low, you simply purchase more.
Because you pay for the electricity in advance, the Pay As You Go program does not require members to place a deposit and there are no late fees. The program also saves money! In similar programs across the country, Pay As You Go participants typically see a 10 to 12 percent reduction in their electric bill.
Why choose a prepay option?
Would it be easier for you to make smaller daily, weekly or biweekly payments rather than one large payment each month?
The prepay option works best for people who want to take control of their electric accounts and energy usage. By monitoring your consumption on a regular basis, you will begin to notice patterns in your day-to-day usage. Any variation from this pattern, such as a house guest (increase) or a vacation (decrease), will become evident as you monitor your account. Monitoring and controlling daily usage can help keep electrical costs down.
What is the Pay As You Go program?
With prepay billing, you pay for electricity how and when you choose. Purchasing electricity before you use it allows you to control your budget and pay how much you want, when you want. Also, there are no security deposits or late fees. Your usage and balance are calculated daily.
How does it work?
You purchase electricity before you use it. Payments can be made when you want to - online, over the phone or in person at a White River Electric office. When your account runs low, you will get an alert by phone or email, letting you know it's time to recharge your account.
What if my account runs out?
If funds in your account run out, your electrical service will be automatically disconnected. You will be notified by phone or email that service is subject to be disconnected. You can purchase more power online or by phone any time of day, seven days a week. Your power will be restored within two hours and you won't be charged a reconnection fee.
How much will it cost to set up a Pay As You Go account?
To start a prepay account, you make an advance payment towards future kilowatt usage and a nonrefundable prepay connect fee. When you're running low on funds, you can deposit at least the minimum payment or more.
How much money should I keep in my Pay As You Go account?
It's up to you! Buy energy to last for a few days or several months.
Who can participate in the program?
WRVEC residential members or where technological capabilities exist can switch to a prepay account. Your existing deposit will be applied to your current account balance, with any remaining amount being applied as a credit to your prepay account.