Posted by: admin | February 14, 2009

Prepaid Electricty Cards: Good or Bad?

What do you think of this idea (from the Wall Street Journal):

Buy your electricity on a prepaid basis and monitor your use.

Advantage: You will probably use less electricity once you are aware of how much you spend.

Disadvantage: Your electricity could be shut off when you don’t expect it if you fall behind on payments.

Is this a good idea for helping people monitor their spending, or too fraught with potential problems? Let us know.



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