Auto Pay
Automatic bill payment by your bank is available through our Auto-Pay service. Auto-Pay avoids late charges, postage expenses, and trips to the Cooperative. Upon your request, we will submit the monthly bill to your bank for payment from your account. You will also receive a copy of the bill for your records.
Credit Card
Meade County RECC accepts Mastercard, Visa, and Discover by phone or in person for payment of electric bills. Credit cards are also accepted when purchasing other items at the Cooperative or as payment for other fees and services.
Levelized Billing
The Cooperative has a levelized payment plan available for its residential members. The plan enables members to pay a monthly, levelized amount instead of monthly billings for actual usage. The Cooperative determines the levelized amount based on the following calculation:
- STEP 1
Current month’s KWH usage + Previous eleven (11) month’s KWH
usage ÷ Twelve (12) =
Average Monthly KWH Usage - STEP 2
Average Monthly KWH Usage x Current Rate =
Average Monthly KWH Charge - STEP 3
Previous KWH charge balance ÷ Twelve (12) =
One-Twelfth Previous KWH Charge Balance - STEP 4
Average Monthly KWH Charge +/- One-Twelfth Previous KWH
Charge Balance +
Any Additional Fees Due* =
Current Levelized Amount (rounded to nearest dollar)
*All current state, federal, and local taxes that are immediately paid by the Cooperative, service charges, arrears, and any recurring monthly charges such as security lights are added to the monthly levelized amount in order to calculate the current levelized payment due.
Payment dates and late payment penatly remain the same as for normal billing. Participants in levelized billing must pay the full amount of the levelized payment each month by the collection date.
Failure to pay the full levelized amount, collection for late payment, removal for nonpayment, or unauthorized kilowatt hour usage will result in removal of the account from the levelized program. Accounts removed from the levelized program are placed on the normal billing program and any levelized balance is applied to the actual current billing.
Requirements for levelized billing are: (1) 12 months of service at the location; (2) account is paid up-to-date; and (3) satisfactory credit history.
Payment Locations
You may pay by mail using the self-addressed envelope that accompanies your bill, or you may pay in person at either of the Meade County RECC offices. Both offices have night depositories. In addition, Meade County RECC has payment stations at the following locations in our service area.
