How To Keep Up With Energy Bill Payments If You Are Falling Behind
With the seemingly ever-rising energy costs, many people are struggling to keep up with their energy bill payments — and you may well be one of them. If that’s the case, there's nothing to be ashamed of! You are one of many who are finding the costly nature of life too much to handle.
However, you don't have to struggle alone. There are plenty of ways to put your energy bill payments back on the right path. We will go over seven of the best methods in the following few sections.
How To Get Your Energy Bill Payments Back On Track
1. Talk To Your Service Provider
First, you should speak with your service provider. Most energy companies have assistance programs or payment plans that help their customers keep up with their payments, even when times get tough.
Due to the sheer amount of energy providers across the state, we can't be sure which type of assistance you'll be offered. However, your energy company should be the first port of call when you're struggling to pay.
2. Consider Whether You Qualify For LIHEAP
The Low-Income Home Energy Assistance Program (LIHEAP) might be able to help you with the following:
- paying your cooling or heating bills;
- finding emergency services during utility crises; and
- home improvements that make your house more energy efficient to lower utility bills.
Eligibility requirements can vary depending on your city or region. However, the federal government sets general guidelines for those wishing to apply.
That said, you won't necessarily receive funding, even if you qualify. The likelihood of receiving assistance depends on the amount of LIHEAP funding available for the year.
3. Think About The Weatherization Assistance Program
LIHEAP isn't the only assistance program out there for energy bill payments. You can also try the Weatherization Assistance Program (WAP).
This program funds local community action agencies that help neighborhoods weatherproof their homes to lower their bills. Improvements offered under this scheme are typically low-cost. However, they can significantly reduce heating and cooling bills, making it easier for you to meet your payments.
To be eligible for the benefits program, you must need help with home energy costs and be classed as a low-income family. Please be aware that the state prioritizes:
- Individuals over 60 years old
- Families with at least one member with a disability
- Households with children
4. Ask Friends And Family For Help With Energy Bill Payments
We know this can be embarrassing and awkward. However, asking your friends and family for financial help with energy bill payments when you're struggling can be extremely beneficial.
Nine times out of ten, they won't ask you to pay interest. Therefore, you'll only be required to repay the specific amount you borrowed.
If you do go this route, make sure you write up a contract. That way, both sides are on the same page, and you won't have to worry about money soiling your relationship.
5. Make Your Home More Energy Efficient
This is a great way to reduce your overall energy bills, helping you meet them more easily.
One of the best methods is to check for any window leaks. So much heat is lost through gaps in window sealant; fixing them can benefit you massively. And they're typically easy and cheap to remedy — you can do it yourself!
6. Set Up Notifications
Furthermore, set up notifications with your energy provider. That way, you'll know when the bills are due and you won't risk not having enough money in your account.
7. Get A Title Loan Online
If you have nowhere else to turn, a title loan online is an option. It allows you to borrow between $601 and $15,000 to bolster your ability to keep up with your utility bill payments, among other financial burdens.
The best part is that the requirements are straightforward to meet (you don't need to worry about good credit since all credit is welcome to apply). All you need is a form of identification (e.g., your passport or driver's license), a vehicle (we only accept cars, vans, and trucks), and a lien-free title.
As you might already know from the lien-free title requirement, you must own your vehicle outright to be eligible for a title loan from Carolina Title Loans, Inc. Provided you have that, you could be well on your way to funding your rising energy bills.
Secure Your Title Loan Online With Carolina Title Loans, Inc. Right Now!
There are plenty of ways to fund energy bill payments if you're falling behind, including speaking with your provider, setting up notifications, asking family and friends, and considering government-funded help.
However, if you've exhausted all other options and you don't know where else to turn, you can get a title loan online from us at Carolina Title Loans, Inc. Just complete our simple request form, and we will give you a call to talk you through the process, allowing you to get your energy payments back on the right path.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.