This is probably boring....but hey, they all can't be riveting!
I mentioned that we got this weird electric bill. We have been paying $104 on the budget plan, and this month was settle-up month. The bill was $213. I spoke to 3 different people, and no one could explain to me how the system calculated this.
The closest I could come up with was $206. I am tired of dealing with this. So we will pay the $213 to "settle-up" and then go off of the "formal" budget plan. We will still budget a set amount for us personally, and the extra will go into the "irregular" account, so in the summer when we know the bill goes up, we will have the extra saved up.
I don't know why the electric company makes this so hard. But when no one can even explain the bill....forget it.
It is gone! After many years of not using it, we finally pulled the plug on it. We each have a cell phone, and our plan includes unlimited minutes. The home phone really only rang when it was a solicitor, and even then we didn't pick it up.
I had kept it around "for the kids" but eventually came to realize that by the time the kids really are interested in the phone....they will probably have their own cell phone, and probably won't even be TALKING, they will be texting.
So we have $36 more in the monthly budget.
So far we seem to be right on track. We typically get the last fill up of the season in April and from a dollar stand point, we will be right about even (as in we have paid for the oil via budget, without a credit or debit).
Technically our budget plan ends in August, which means we are supposed to continue to pay our $329 a month through August. If things keep going like this, we will end up with about a $1000 credit going into the next year. The good thing about this, is that it will help bring down the monthly budget amount for next year. The bad thing is that is $1000 that could go elsewhere.
We never know what the budget cap rate is going to be. This year it was 3.74. One year it was 2.99. One year it was 4.29. All of that effects the monthly cost. I am going to have to decide if I want the credit, or if I want to call them and forgo the credit (by not paying through the summer), and chancing that the rate will stay about the same for the coming year.
The oil company is really good with working with people, but they don't know what the rate is going to be. It literally changes daily. If prices soar, and the rate goes up to $5.00, then we will wish we had a credit to offset it. If the prices drop, then we will continue to have this credit and it will be 18 months before it evens out.
Right now the plan is to wait until summer and see where the prices are. I would love to take that $1000 and put it elsewhere, but not at the risk that our oil bill goes from $329 a month to $500 a month.