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FPL Budget Billing

FPL Budget Billing® gives you more predictable energy bills by evening out your energy costs throughout the year, so you pay about the same each month.

Check eligibility

Experience the benefits

  • white outlined icon of a smiling sun in sunglasses and a snowflake in a cycle

    Reduce seasonal bill spikes caused by hot or cold weather

  • white outlined icon of a calendar and money

    Easier to manage your monthly expenses

  • white outlined icon: stack of coins and cash crossed out to depict free

    It’s free – you pay only for the energy you use

month by month graph depicting how budget billing works

How FPL Budget Billing works

  1. FPL Budget Billing uses up to 12 months history of energy usage at your home to determine a rolling average. This allows us to evenly distribute the cost throughout the year, ensuring you pay about the same amount each month.
  2. Your monthly bill statement will show the difference between your actual electric charges and your monthly “Budget Bill” amount – this will help you keep an eye on your energy usage so you can remain in control. While this program does not save you money, it’s a great way to manage what you pay every month. 
  3. On your monthly statement, you will see a deferred balance, which is the difference between the bill for your actual energy usage and your Budget Bill. Because FPL adjusts this balance each month, the payment due never gets too large and is more predictable. This balance also reflects what will be added to or subtracted from your final bill, should you decide to stop using the program. 

See if you qualify

Note: Your account must have a zero balance before Budget Billing can begin.

Additional information

What will my bill show?

When you enroll in FPL Budget Billing, you will receive a monthly statement that includes three amounts:

  1.  "Actual electric charges" amount – what you would pay on FPL’s regular billing plan.
  2. "FPL Budget Billing" amount – what you owe as a Budget Billing customer.
  3. "Deferred Balance" amount – the cumulative difference between your "actual electric charges" and your "FPL Budget Billing" amount.

We encourage you to stay on the program for at least one year to realize the benefit and to avoid paying a high deferred balance. There is no annual "true-up" period with FPL Budget Billing unless you close your account, discontinue the program, or FPL Budget Billing is discontinued because of a past-due bill. Please note that if FPL Budget Billing is discontinued, you will be unable to enroll for 12 months. 

Is FPL Budget Billing a savings program?

While not a savings program, Budget Billing does even out your annual energy costs during the year, so you pay approximately the same amount each month. There may be months when your Budget Bill is higher or lower than your actual electric charges but remember – these charges are distributed evenly throughout the year. You pay only for the energy you use.

Budget Billing terms and conditions

ACKNOWLEDGMENT

View full terms & conditions.

By enrolling in FPL Budget Billing, you agree that your monthly bill will be calculated by the Budget Billing terms.

Any residential customer with no delinquent balance is eligible to participate in Budget Billing. A customer may terminate participation from the program at any time and/or may be terminated by FPL if account becomes subject to collection action.

While enrolled in Budget Billing, a customer is billed monthly on a levelized consumption basis rather than on the basis of current consumption. A Budget Bill monthly bill will contain:

Actual electric charges: Current consumption and associated charges; what would have been charged if off the program.

Budget Bill: The levelized consumption amount, which is determined by averaging the last 12 monthly billings for the premise, plus 1/12 of the deferred balance.

To note: If the account has been active less than 12 months on the premise, then FPL will use a combination of the customer’s billing history and the history on the premise.

Deferred Balance: Any difference between the levelized amount and the actual electric charges amount is added to a deferred balance.

If the customer’s participation in the Budget Bill program is terminated, for whatever reason, the deferred balance will be applied to the customer’s next bill, and the customer will not be able to rejoin the program for 12 months following the date of termination. If the deferred balance was a credit at the time of termination, the balance will be credited against any outstanding billed amounts, and any remaining balance will be credited against the customer’s future billings or returned upon request. If the deferred balance was a debit at the time of termination, the balance will be billed to the customer. Customers who transfer the location of their service account within FPL’s territory will have the debit or credit balance transferred to the new service address.

Note:  Any GS-1 or GSD-1 customer who has no delinquent balances and has been at the same location for 12 consecutive months with the company is eligible to participate in the Budget Billing Plan excluding GS-1 or GSD-1 customers that rent electrical facilities from the company under a Facility Rental Service Agreement and GSD-1 customers taking service under the Seasonal Demand Time of Use Rider.