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ansky201 t1_j23q8dk wrote

It's actually called the equal payment plan and it doesn't save you any money. It just spreads out the cost over the course of the full year. You're paying the same rates as everyone else. A lot of my neighbors use this plan and they get underbilled. I have seen people complain of "adjustments" over $1000 in some cases.

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stickman07738 t1_j23qjhq wrote

Exactly, you know cost and can budget your bills and not get a surprise.

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ShadowSwipe t1_j23uj7t wrote

Until you get the surprise $1000 adjustment at years end?

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stickman07738 t1_j23xjxy wrote

Never, for 19 years as I stated the most was plus or minus ~$100. On your bill, there is a line item for Equal Payment Plan, currently (November bill) for electric I have a credit of $233 (JCPL) and gas a credit of $28.60 (NJNG). I have a 2600 sq. ft home with an in-ground pool and two adults.

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