Plan your electricity and natural gas expenses with the balanced payment!
The balanced payment allows you to pay for actual consumption, at the same time it helps you to even out the high winter and low summer bills. Apply for the balanced payment in the section My Contracts.
What is a balanced payment?
The balanced payment allows you to pay a fixed, pre-determined amount every month. This amount will be calculated individually, taking into account your average consumption.
Choose this payment method if:
- You wish to plan your expenses in the long term;
- You find it convenient when the consumed electricity and/or natural gas and payments made are compared once a year.
The balanced payment barometer available to electricity customers allows you to understand whether the monthly payment corresponds to your consumption.
Advantages of paying with the balanced payment
Balanced payment recalculation
The balanced payment amount is forecast based on your historical consumption. However, consumption changes over time – every month the customer receives an invoice for the actual electricity and/or natural gas consumed. This invoice is available in the customer portal and allows you to compare the amount settled via the balanced payment with your actual consumption.
The balanced payment recalculation is performed once a year. All issued invoices are summarised and compared with the payments made. The resulting difference is included in the new payment amount, distributing it evenly over the next period.
Balanced payment recalculation guide – step-by-step explanation
We are committed to providing the clearest possible recalculation process, and he can read more about it in our balanced payment recalculation overview.
Use the balanced payment barometer – enter the electricity meter reading and check whether the monthly payment matches your consumption.
Check it every three months and, if necessary, make the recommended changes to reduce the difference.
Make the balanced payment in the most convenient way:
- in Elektrum portal or mobile application;
- in your internet bank;
- in cash at commercial bank branches, Latvijas Pasts offices, Maxima stores and elsewhere where cash payments are accepted.
When making a payment, please specify your invoice or contract number!
Balanced payment not available for customers who use electricity or natural gas exchange price product or have installed solar panels and joined NETO metering.