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Budget Billing OR AMP?
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AEP Ohio’s Budget Billing Plan estimates the amount of electricity you will probably use during the next 12 months. We use that estimate to calculate the potential cost of your electricity over the next year. Then, we divide that amount into monthly budget payments.

Increases in the accumulated budget balance may be caused by changes in usage and/or the recent increase in electric rates. The accumulated budget balance is shown on your billing statement under “Previous Charges”. The entire accumulated budget balance comes due at your anniversary month.

AEP Ohio has options available that can make your electric bill more manageable.

Our Average Monthly Payment Plan (AMP) Plan is an enhanced choice to stabilize your monthly electric billing throughout the year.

AMP is based on the average of the current month's bill, plus the previous 11 month’s bills.

With AMP (unlike Budget Billing), your monthly payment amount may fluctuate as increased usage and/or rate adjustments are factored into the monthly calculation. At the anniversary month, the deferred balance is divided by 12, and this one-twelfth amount is added to (or subtracted from) the average payment amount for the next 12 months. Show me the difference.

If you are presently on Budget Billing, but would like to enroll in AMP, please call our 24-hour Customer Operations Center at 1-888-237-7401. Please also contact us if you have any questions about these two monthly payment programs.

Payment Comparison

For more information, see a graph that shows the difference between the plans.

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