Does Gulf Power offer budget billing or levelized billing plans?

Yes, Gulf Power offers budget billing or levelized billing plans. These plans are designed to provide customers with a more predictable monthly energy bill by spreading their annual energy costs evenly over the course of the year. With budget billing, customers can avoid seasonal fluctuations in their bills and plan their budgets more effectively. The monthly bill amount is determined by averaging the customer's previous year's energy usage and applying the current rates. Gulf Power regularly reviews and adjusts the budget amounts to ensure accuracy. This option is ideal for customers who prefer consistent bill amounts throughout the year and want to avoid any unexpected surges caused by varying usage during different seasons.