NEM – Monthly & Annual Billing Plans

Your energy charges are the same whether you are an Annual Billing Option (ABO) customer or a Monthly Billing Option (MBO) customer. The difference between the two billing options is when you pay your energy charges.

• Annual Billing Option (ABO): Residential and small-commercial NEM customers are currently enrolled in ABO by default. With ABO, you are responsible for set fees each month, but you pay your net energy charges just once a year, at the end of your 12-month cycle.
• Monthly Billing Option (MBO): With MBO, you pay both your set fees and net energy charges in full every month, instead of a lump sum at the end of the year.

Both billing options have advantages: The ABO option offers you the simplicity of a single payment that calculates your total net energy for the year; the MBO option may benefit customers who want to avoid a potentially large balance due all at once. This can happen if your energy exceeds your solar generation, causing charges to build up over the course of a year. 

You can always log in to My Account online to track your usage to see if and when you’re consuming energy from the grid. This can help you plan ahead for a large end-of-year balance, or decide whether to switch to MBO and “pay as you go.”

If you are an ABO customer and you would prefer to pay your energy charges monthly in more manageable payments, you can opt-in to MBO by completing and returning this form. It will take 60 days after your change request is processed for monthly billing to begin.