Does the timing of your electric bill match the timing of your payday? Would you like to take the stress out of due dates and avoid late fees? Now is the time to take charge of your energy costs. Victory Electric now offers PowerMyWay, an exciting new billing plan option that gives you greater control and offers the flexibility to purchase your electricity when you want and in the amounts you choose. Daily, weekly or monthly—you pay at a time that works for you and the amounts that fit your budget. The choice is yours.
There are no fees to take advantage of the PowerMyWay billing plan. Rates, including energy charges, taxes, franchise taxes, the service availability charge, and the energy cost adjustment are exactly the same as accounts on a conventional residential billing plan (some charges are prorated daily), but the member is NOT required to make a security deposit and there are no disconnect, reconnect or late fees.
The power is in your hands
Think of PowerMyWay like putting gas in your car. Your vehicle has a gauge that allows you to monitor when you need to fill up. You can choose to purchase small amounts every few days or “fill up” the tank and not worry about it for several weeks. Similarly, with PowerMyWay you will receive a notification from SmartHub when you need to “recharge” your account, and you can fill up your electric account just like you fill up the gas tank in a car —one gallon at a time or with a full tank.
Upon enrollment in PowerMyWay, a member must purchase at least $50 of energy and have access to the Internet (to download SmartHub) or the ability to receive text messages. Once a day between 7 and 9 a.m., Victory Electric reads your electronic meter, and the amount associated with that day’s electric service is deducted from your account balance.
Because PowerMyWay is a self-managed, pay-as-you-go program, you are responsible for monitoring and keeping a credit account balance. It is also the end of a paper bill in the mail. Instead, your account balance can be reviewed anytime, anywhere from your smartphone, tablet or computer via Victory Electric’s SmartHub app.
After your meter is read and your account balance is reconciled each day, if the balance is equal to or less than $25, Victory Electric will send an automated low balance notice by text message, email or phone call. You have the ability to set custom notification methods and thresholds in SmartHub, i.e. Joe E. Member customized his notifications to a text message and an email to his wife when his account reaches $40 or less. Low balance notifications are sent any day your balance is lower than $25. This gives you time to purchase power before the meter actually stops at $0.01 or less.
Any time your balance is $0.01 or below, a disconnect reminder will be sent in the morning, and if a payment is not made by early afternoon, the meter will suspend service. Once disconnected, a $50+ credit balance must be established on the account before power will be restored. There are no disconnect or reconnect charges, and disconnection is the only time a $50 minimum payment is required. The $50 is not a fee and is applied to future energy use. Payment options include all payment methods available to members on a conventional billing plan except autopay and budget billing.
Any new or existing residential member of Victory Electric can take advantage of PowerMyWay. Existing members must have their conventional account paid-in-full, including unbilled electrical use, before switching to PowerMyWay. Existing members who have paid a deposit may apply the deposit to any outstanding balance, transfer the deposit to a PowerMyWay account, or request the deposit be refunded.
You’re in the driver’s seat
PowerMyWay is the epitome of local control. Paying as you go puts you in the driver’s seat. You decide when you want to use electricity and when you want to buy more. It gives our members the tools to better manage your energy use and take charge of your monthly bills by paying lower startup costs and having the convenience of paying for electricity on an as-needed basis. Our SmartHub app/web portal gives members daily access to electricity use data so you can make smarter decisions about power consumption.
Victory Electric knows there is no one billing or payment option that works for every member, but we continue to research and provide a variety of options that fit individual needs, lifestyles and schedules. PowerMyWay is just another avenue for our members to take control of electric consumption and empower energy savings.
For more information on PowerMyWay or to sign up, call our office 620.227.2139 or stop by our office in Dodge City.