So you can make an informed decision about managing your energy costs.
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Q. How does the plan work?
A. It's simple. PSE&G's Equal Payment Plan allows you to pay the same amount each month for your energy bills. You'll pay for the exact amount of energy you use, but the total cost will be spread equally throughout the year. We'll continue to read your meters once a month to determine the actual amount of energy used. And every 6 months, we'll let you know if your bill needs to be revised down or up.
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Q. Is there any cost to participate? A. No. There is absolutely no charge for the Equal Payment Plan. And you can enroll at any time.
Q. Why should I enroll? A. The Equal Payment Plan allows you to plan for your energy expenses and makes your bills more predictable.
Q. Do you still need to read my meters? A. Since we need to reconcile actual usage to the Equal Payment billed amount, it is important to continue to have access to your meters on a monthly basis. Actual readings are important to maintain accuracy of Equal Payment amounts. If your meter readings have been estimated, an actual reading may be required before signing up for the Equal Payment Plan.
Q. What happens during the balancing month? A. The twelfth month after you begin the plan is the balancing month. During this month, we'll compare the amount you have paid to your actual usage. You will then be billed your regular Equal Payment amount, less any credit or plus any balance due.
Q. Will I still be able to keep track of my actual energy usage? A. Absolutely. You can check your actual monthly usage on the section of your bill labeled "PSE&G Equal Payment Plan" near the end of your billing statement. There you will see a comparison of your Equal Payment Plan plus your actual usage.
Q. Can I sign up for the Equal Payment Plan if I have past-due balances? A. No. To qualify for the Equal Payment Plan, the balance on your PSE&G bill must be current.
Q. Does PSE&G offer any other services to help manage my energy costs? A. Yes! You can also sign up for our convenient Automatic Bill Pay. Automatic Bill Pay lets you authorize regularly scheduled payments to be made directly from your checking or savings account. So you never have to worry about late payments again! Click here for more information.

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