Craighead Electric provides several convenient ways to pay your electric bill. Use the information here to help choose the one that is best for you.
PowerMyWay Prepay Program
PowerMyWay is Craighead Electric’s pre-paid Metering Program. As consumers, we pre-pay for most of the things that we buy: groceries, fuel, entertainment, why not electricity? The same way that you would buy a gallon of gas to put in your car, PowerMyWay allows you to purchase a Kilowatt-Hour of electricity for your home before it is consumed.
With prepay, as the name implies, you carry a credit on your account that depletes as you uses electricity. Add money to your account at any time in any amount you choose to keep your balance above zero. If your account does hit zero, you are automatically disconnected.
This method of billing has numerous advantages. There are no disconnect fees, no reconnect fees, no equipment fees, and, as always, no payment fees. There is no monthly bill, so there can be no late fees and there is no need for a deposit.
Any residential member whose meter can be reliably read via our automated meter reading system can be put on a PowerMyWay plan. Note: Members with a 300 Amp residential service or higher are not eligible for prepay at this time.
Visit the PowerMyWay page to learn more about prepay.
Recurring Credit Payments
One of our most requested payment options is now available to Craighead Electric members. You can now set up recurring credit card payments in your AccessMyUtility account.
This option automatically pays your monthly electric bill using the credit card information listed on your account. All stored credit card information is encrypted, making recurring payments a secure and convenient alternative to the traditional bank draft.
Keep in mind, unlike bank accounts, credit cards will eventually expire. When your stored credit card expires, another payment option will need to be used.
Log-in to your Online Account and click on Recurring Credit Card in the Account menu to set up recurring credit card payments today.
If you don't like surprises, we may have the perfect plan for you. Levelized Billing lets you predict the future!
With Levelized Billing, you will know what to expect on your monthly electric bill. Levelized bills are calculated by adding your current kWh cost to your previous 11 months’ kWh cost and dividing by 12, so the amount you are charged is approximately the same month after month -- even throughout peak cooling and heating periods. This does not reduce the total amount you pay for energy through the year but will smooth out your highs and lows so you will know what to expect on your electric bill.
There is no charge for using the Levelized Billing Plan. To be eligible, you must have been a Craighead Electric member for at least 12 months. To sign up for Levelized Billing, give us a call at 1-800-794-5012.
Automatic Bank Draft
Don’t write another check again!!!
- With our AUTOMATIC BANK DRAFT, you can make paying your electric bill worry-free.
- Your account will be drafted the same date each month.
- You can quit worrying about due dates, writing checks or being unable to pay while you’re away.
- No fees - ‘It’s Free’
- You will continue to receive an electric bill each month for your record and your bank statement will reflect the amount paid.
If you would like to sign up for this program, e-mail email@example.com or call 1-800-794-5012, or you can click on Bank Draft Application below to download the form. Once you have completed the form, print and mail to:
Craighead Electric Cooperative
Attn: Billing Department
P.O. Box 7503
4314 Stadium Blvd.
Jonesboro, Arkansas 72401
Please note that a signed, voided check is required.