What it does:
WeatherProof Bill® is WeatherWise’s brand name for its proprietary fixed bill and capped bill products. Available for both
natural gas and electric service, WeatherProof Bill® is a pre-determined or capped, annual, guaranteed energy bill.
Who can use it:
Gas or electric utilities or energy marketers wishing to offer additional billing options to their customer base.
Description:
This program protects the consumer from changes in energy prices and weather while providing the convenience and predictability of a
fixed monthly payment. Certainty is provided through accurate predictive modeling coupled with energy price and weather hedging. With
the fixed bill, the consumer pays the same amount for 12 months, but unlike budget billing, there are no periodic adjustments or
year-end settlements. In the capped bill, the consumer pays the actual bill amount, not to exceed the period cap.
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Monthly WeatherProof Bill® quote amounts are personalized for each consumer by taking into account their usage history, normal
weather in their area of residence and a fixed cost of commodity. These amounts are calculated using WeatherWise SureCalc®
technology for the utmost accuracy.
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WeatherWise invented the fixed bill product and process in 1996 and many upgrades and improvements have been made to date.
The capped bill was introduced by WeatherWise in 2001.
