Bill Smoothing | Powerdirect

Bill Smoothing

Bill Smoothing lets you spread your estimated annual electricity costs into consistent, even payments across the year.

It helps reduce the impact of higher and lower costs due to seasonal energy use, making your bill payments more predictable.
What is Bill Smoothing?Our Bill Smoothing service is ideal for customers who want consistency and certainty when paying for their electricity.
Combining bill smoothing with automatic direct debit is the simplest way to make payments hassle-free.
To add flexibility to your electricity account, you can:
Choose how often you pay: monthly, fortnightly or weekly
Add direct debit for seamless, automatic payments
Rollover any unused credits to your next payment cycle
Pause payments with ‘payment holidays’.
How does Bill Smoothing work?Bill Smoothing works by spreading your estimated yearly electricity costs over smaller, regular instalments. 
For example, if your bills totalled $1,200 last year, then your Bill Smoothing payment would be $100 per month. Bill Smoothing also takes into account other factors such as price changes.
When you add direct debit, your payments become automatic. Simply choose your preferred payment dates, make sure you have adequate funds in your nominated account and your bill will be paid on time, every time. 
You’ll also receive review letters to keep you updated on how accurately our estimates match your usage.
Is Bill Smoothing right for you?Bill Smoothing is perfect for those looking to:
reduce the impact of peak summer and winter bills
organise household expenses into an easy, regular payment, or
create more financial certainty for budgeting.
If you’re finding it hard to pay your home electricity bill, you might be eligible for certain concessions, rebates or grants.
To find out more, call our team on 1300 307 966.
Set up Bill Smoothing nowSetting up Bill Smoothing is easy. 
Just call 1300 307 966 and we’ll arrange it over the phone for you.
Bill Smoothing terms and conditions

To be eligible for Bill Smoothing:

(a) you cannot have more than $500 (GST incl.) of overdue debt with Powerdirect on any of your Powerdirect accounts; and
(b) you cannot be on a payment arrangement or hardship plan with Powerdirect.
Bill Smoothing is only available to residential and small business customers.
You agree to pay your Bill Smoothing payments via Direct Debit (see powerdirect.com.au/ddterms)  unless you have told us you want to pay by another method approved by Powerdirect.
You agree to receive your Bill Smoothing review letter by email unless you have told us you want to receive a paper copy by post. A fee may apply for paper bills.
Powerdirect may vary these Bill Smoothing terms and conditions at any time. If we vary these Bill Smoothing terms and conditions, we will provide you with written notice of the change as soon as practicable, which may be after the variation takes effect but no later than on your next bill.
Bill Smoothing payment, calculation and review6. Your Bill Smoothing payments will be based on your usage history where available. Where no usage history is available, Powerdirect will estimate your usage based on information we have available at the time.
You agree that Bill Smoothing payments do not represent your actual usage. You will be required to pay for your actual usage if it is more than the amount you have paid for. This will be managed through the Bill Smoothing review process.
If you have elected to make your Bill Smoothing payments on a monthly, rather than a fortnightly or weekly basis, your chosen payment date cannot be the 29th, 30th or 31st day of any given month. If one of those dates is selected, your payment date will be deferred to the 1st day of the following month.
You can request a payment deferral for up to one month’s worth of payments over the term of your Bill Smoothing arrangement. This, or these, deferred Bill Smoothing payment/s will be pro-rated over the remaining months in the Bill Smoothing term.
Powerdirect will review your Bill Smoothing arrangements periodically at regular intervals twice a year in line with your billing cycle and meter reads to assess whether your Bill Smoothing payments are appropriate for the energy being consumed. 
Each time Powerdirect conducts a review, you will receive a Bill Smoothing review letter with information relevant to your payments.
Following a review, if required, your Bill Smoothing payment amount will be adjusted and you will be advised of the changes. Any undercharging or overcharging will be adjusted in accordance with our regulatory obligations – this may mean you are required to make an extra payment to Powerdirect or that Powerdirect will repay you any overpayment.
You can choose to increase your Bill Smoothing payments or to make an extra payment at any time.
If we cancel your Bill Smoothing payment arrangement, any outstanding amounts owing on your account must be paid in full.
Bill Smoothing term15. Your Bill Smoothing arrangement has a term of approximately 12 months; the exact duration of the term may vary, depending on the timing of your meter reads.
At the end of the term, Powerdirect will provide you with a reconciliation which details the payments and charges for the 12 months and may offer you a further Bill Smoothing arrangement for a further 12 month term.
At the end of each term Powerdirect will advise you of any outstanding debits or credits. If your account is in debit you may be required to pay the outstanding amount. If your account is in credit, the amount will be refunded unless you request for the amount to remain on your account to pay future bills.
Cancelling your Bill Smoothing arrangement18. Powerdirect may cancel your Bill Smoothing arrangement if you do not make your Bill Smoothing payments or if you have an outstanding debt with Powerdirect.
At the time you notify us you are moving your Bill Smoothing arrangement will be cancelled. 
If you switch to another energy provider, your Powerdirect Bill Smoothing arrangement will be automatically cancelled.
If you no longer wish to pay via Bill Smoothing, you will need to contact our Customer Solutions team and give at least three business days’ notice prior to the due date of your next Bill Smoothing payment.
Powerdirect reserves the right to, at any time, withdraw this product or stop or change a Bill Smoothing arrangement with 14 days prior notice. In the event that Powerdirect ceases to trade, all Bill Smoothing arrangements will be cancelled immediately and you will be notified.
If your Bill Smoothing payment arrangement is cancelled for any reason, Powerdirect will provide you with a reconciliation which details the payments and charges to the point of cancellation. If your account is in debit you will be required to pay the outstanding amount. If your account is in credit, the amount will be refunded to you by Powerdirect.
Contact Powerdirect Customer Solutions Team on 1300 307 966 for assistance or if you have a dispute about any arrangement details.
Privacya) The personal information collected by Powerdirect under these Bill Smoothing terms and conditions is required to set up your Powerdirect Bill Smoothing arrangement. Failure to provide the information will mean Powerdirect is unable to complete your request to set up your Powerdirect Bill Smoothing arrangement. 
b) Your personal information will be handled in accordance with Powerdirect's Privacy Policy or otherwise as required or authorised by law, or as consented to by you. All Bill Smoothing details will be held securely by Powerdirect and handled in accordance with Powerdirect's Privacy Policy which includes Powerdirect's Credit Reporting Policy and can be accessed at powerdirect.com.au/privacy
 

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