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• Service Rules & Regulations
• 1. Introduction
• 2. Terms & Conditions
• 3. Billing Practices
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D. Payment Options

1. Pay By Bank:
   1. Members are offered a Pay By Bank option.  With the authorization of the member, an automatic bank transfer would be made from their account to pay the bill, on or about the 15th day of the month.  This option would allow the member to call or send in their meter reading. 
   2. If a member's account contains insufficient funds and a service fee is assessed to Mor-Gran-Sou Electric, the fee as well as any other applicable fees will be added to the member's account.
   3. If a member's account contains insufficient funds twice during a 12-month period, the member will be ineligible to participate in this payment program.
2. Visa Credit and Debit Cards:
   1. Residential members are offered the use of Visa credit or debit cards.  
   2. Payment can be handled either as a reoccurring or one-time payment option.  
      1. Reoccurring Credit Card Payment - One time only, residential members must call the office to provide their credit card information.  The Cooperative will code that individual account to reflect the request.  After such request, members can expect that on the 15th of each month, their credit card will be charged that month's electric bill.
      2. One-Time Credit Card Payment - If residential members wish to use their credit card occasionally, a phone call with the credit card information must be made to the office each time the member wishes to pay their electric bill by credit card.  
3. Budget Billing:
   1. Budget billing is available to members upon request.
   2. There are two budget billing options:
      1. Fixed Budget Billing - The budget bill amount is an average of the past 12-month's bills and does not change until recomputed.
      2. Levelized Budget Billing - The budget bill amount is recalculated every month based on the past 12-month's bills.  When the account has not been in service for 12 months, the number of months it has been in service will be used.

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