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Before you go into full panic mode, check the meter reading on your bill against the reading on your meter. It may have been estimated incorrectly or recorded inaccurately. If this is the case, contact your provider and have the bill adjusted.
If the reading is correct and paying it off immediately is not a realistic option, you can call your provider and ask about an extension or payment plan. This could save you paying overdue fees and interest charges.
An unexpectedly large bill usually requires some reshuffling of your budget in the short term. Pull together a complete list of upcoming bills and estimated expenses for the period leading up to your power bill’s due date.
Next, you may want to list any income you’re expecting to come in during that time and compare this against your expenses. This tally will allow you to identify and plan for any potential problems ahead of time. It may mean requesting extensions on some other bills for a week or two to avoid overdue fees and charges.
Save yourself from big bills in the future by looking at changes you can make now. Here are some simple steps you can take to reduce your power usage and electricity costs:
Bill shock isn’t a pleasant experience, but with a little planning, you can get your bill paid off and prevent any more surprises coming your way. Who knows, you might even start to save money by changing your family’s power consumption habits.