Equal Payment Plan
What is Equal Payment Plan?
Equal Payment Plan for Business is a free service that makes managing your cash flow easier by providing a predictable monthly bill.
Why Sign Up?
- You know exactly how much you will pay each month. Provides 11 months of equal payments with a settle up in the 12th month.
- Makes planning and budgeting your energy costs more accurate and convenient.
How to Get Started
- Enroll online using our secure online registration form.
- Have your Duke Energy account number ready.
Frequently Asked Questions
Is there a fee for using the Equal Payment Plan?
No. There is no service charge or fee with Duke Energy’s Equal Payment Plan.
Who is eligible?
To be eligible for the Equal Payment Plan, your account must have had service at least twelve months with a good payment record.
How is the Equal Payment Plan amount calculated?
Your monthly amount is based on your previous year’s electricity usage. Your previous year’s charges are divided into 11 equal payments that you'll make each month.
What services are covered?
Equal Payment Plan covers all basic services. Additional services, such as outdoor lighting, are not included in the Equal Payment Plan amount.
What if I paid for more electricity than I used?
We will read the electric meter serving your location each month and your bill will show your actual usage and additional service charges for each billing period. We will review your bill periodically, comparing your actual usage to your Equal Payment Plan amount.