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Why are you sweating…It isn’t summer yet!!


Image by Getty Images via @daylife

Hello world. Well, according to my phone it is a chilly 92 degrees outside right now. Burrrrr… Now I need a blanket. In my hometown of Duncan Oklahoma they are calling for 109 degrees. They tell me tomorrow is the first day of summer. That means it is still springtime!! Well that makes all these hot temperatures not seem so bad.

Now that the heat has clearly gotten to me, let me remind you of something. This heat is no joke. I know my fellow Oklahomans are made of sturdy stock but we also need to be smart about the heat. If you are afraid of a massive cooling bill then maybe we need to look at budgeting it a different way.

Try taking your highest electric bill during the summer (we will call it $250) and multiply that by the number of hot months. Let’s say 6 Months ($1500.00).  Now do the same with your highest cold weather electric bill. Let’s say it is $73.00 multiplied by the remaining 6 months ($438.00). Now add them together and divide by 12. You should be budgeting $161.50 per month for your electric bills.

Another simple step is to talk to the your utility company about “Average Billing”.

You can apply the same principle to ANY utility bill and avoid those unexpected surprises. In case you are wondering… The extra you budget in the cold months will make up for the shortfall during the hot months. Give it a try and you can stop sweating the electric bill. The heat hates the competition!!

Stay cool until next time….and please stay safe!!

Anthony Murray is an NFCC Certified Consumer Credit Counselor and Bankruptcy Services Coordinator at Consumer Credit Counseling Service of Central Oklahoma.  CCCS is a non-profit Credit Counseling agency with offices in Oklahoma City, Bethany, Enid, Stillwater and Tinker Air Force Base. Contact us at http://www.cccsok.org or 1-800-364-2227



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