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Budget and Bank Pay Plans Budget Pay Runestone Electric offers a Budget Pay Plan which averages your projected electric bills for the year and gives you a consistent monthly billing amount to pay each month. Each July, your account will be reviewed and the budget pay amount adjusted. To qualify for budget pay, you must have been in residence at the same location for a year and be current with your bill. Please call our accounting department for more details (320) 762-1121 or (800) 473-1722. Automatic Bank Payment Plan Runestone Electric Association has an Automatic Bank Payment Plan available to members who wish to have their monthly electric bill paid automatically each month from their checking or savings account.
Here's how it works. You authorize a regularly scheduled payment to be made from your checking or savings account. Your payment will be made on a specified day or the normal due date for the 25th of every month. Proof of payment will appear on your bank statement. You will still receive a statement from the co-op each month, detailing charges and usage for your records, but instead of an amount due, it will be marked Paid by Bank. This arrangement will remain in effect until you terminate the authorization. The Automatic Bank Payment Plan is dependable, flexible, convenient and easy. Please fill out and return the form found here (Requires Acrobat Reader), or call the cashering department for more information (320) 762-1121 or (800) 473-1722. |
