Now there's a better way to budget.
The Average Monthly Payment, or AMP, plan levels out your monthly electric bill so you know what to expect and how to plan your budget.
The plan is based on a rolling 12-month average of your billed amount. Each month, the oldest bill is removed and the current month’s bill is added to the average. The result is a payment that might go up or down slightly each month, but will remain relatively stable!
To qualify for the AMP program, you must have:
- One year of billing history at your current service address
- A $0.00 balance
- 12 months of on-time payments
- Bills paid by bank draft/recurring debit or credit cards
Our members who were previously on budget billings accounts were automatically transitioned to our new AMP plan, in two phases starting March 1 and were notified by mail ahead of this transition.
These members were transitioned to budget accounts that recalculate quarterly (every three months) for a total of four times per year.
After one year of quarterly recalculations, these existing budget billing members will be changed to recalculate monthly, per the terms of our new AMP plan.
We believe these changes to the AMP calculation method will reduce the large annual bill increases some of our members have seen in the past.
For more information on AMP, or to switch your budget account immediately, please contact your local Wheatland office today!