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ORDER NO. PSC -2018 -0372 -TRF -EI DOCKET NO. 20180123 -EI PAGE 5 j� DUKE ENERGY 8.09 Budget Billing Plan (Optional): SECTION N0, IV ORIGINAL SHEET NO. 4.086 PART VIII BILLING (Continued) ATTACHMENT A Page 1 of 2 Page 3 of 4 Residential A customer may elect to be billed for service hereunder by an alternative -billing plan called the "Budget Billing Plan,` This billing plan provides for payments on an averaged monthly installment basis rather than payments on an actual monthly usage basis. Under the Budget Billing Plan, the monthly billing is determined as follows: The Annual Base Amount is calculated using the most recent twelve (12) months' billings for the premise and then averaged and rounded to the nearest whole dollar (Monthly Budget Billing Amount). If the customer has not resided at the premise for twelve (12) months, the Annual Base Amount will be determined by the customer's available monthly billings plus the previous occupant's billings. If the premise is new, a twelve (12) month estimated billing would be used. The Monthly Budget Billing Amount is recalculated every third month using the most recent Annual Base Amount plus any deferred balances (the difference in prior billings made under the Budget Billing Plan and that of actual charges). Monthly Budget = 12 Month Summation Deferred Billing Amount Actual or Est. Annual Base Balance 12 If the difference between the newly calculated Monthly Budget Billing Amount and the current Monthly Budget Billing Amount is greater than S5 or 10%, then the Monthly Billing Amount will be re-established at the newly calculated amount (rounded_ to the nearest whole dollar). At the customer's option (in (lieu of carrying the deferred balance forward in the recalculation of the Monthly Budget Billing Amount) any deferred balance that is outstanding at the customer's annual review may be settled either through being applied to the customer's next bill (if a credit balance) or direct payment to the Company (if a debit balance). A customer may request termination of the Budget Billing Plan at any time. The Company may terminate application of the Plan to any Customer whose balance due becomes sixty (60) days delinquent. Upon termination of the Plan or disconnection of service, the Customer must settle the account in full. Once the Customer has terminated, he or she may not rejoin the plan for twelve (12) months. Non-residential Any GS -1 or GSD -1 Customer who has • no delinquent balances; • has been at the same location for 12 consecutive months with the Company; • not had more than one (1) late payment notice during the preceding 12 months; • not made a payment with a dishonored check during the preceding 12 months; • not had a disconnection of service for nonpayment of bill during preceding 12 months; • the total required deposit and • met the Company's requirements for the establishment of credit on Next ISSUED BY: Javier J. Portuondo, Managing Director, Rates & Regulatory Strategy— FL EFFECTIVE: 6,S