Automatic Bill Payment
Egyptian Electric Cooperative is happy to announce that all of our members are eligible for the automatic bill payment through an Automatic Clearing House (ACH) program. With ACH, your monthly electric bill is automatically paid from you checking or savings account at your bank, savings and loan, or credit union.
How Does It Work?
Egyptian Electric Cooperative will continue to send a monthly, standard paper billing statement, or a digital version should you sign up for electronic billing via e-mail. On the due date of your bill, funds will be automatically transferred from your designated account to the Cooperative. In other words, the funds stay in your account until the last moment. Your monthly bill statement will allow you ample time to update your account register and ensure you have adequate funds in the account.
What If I Disagree With The Bill Amount?
Should you disagree with the amount of your bill, please contact the Cooperative at least five working days before the bill due date. Should there not be ample funds in the account to cover the bill, you may incur fees from your financial institution and the Cooperative, the same as an insufficient funds check.
Is ACH For Me?
If you are like many of us today, your life is packed full of responsibilities and duties. ACH can save you the time and hassle of writing and mailing checks on time. It may also save you money by avoiding check, postage or late fees.
If you travel frequently or for extended periods, ACH provides the comfort of knowing your account is always paid on time.
How Do I Sign Up?
Print and complete the Automatic Bill Payment Agreement. Enclose a voided check with the form and mail it with your next payment. Please allow up to two billing cycles before ACH begins. Your bill will indicate when automatic payments begin.