PERCENTAGE OF INCOME PAYMENT PLAN (PIPP)
Percentage of Income Payment Plan, PIPP Plus, helps make monthly payments more affordable on a year-round basis. When PIPP Plus payments are made on-time and in-full, customers earn an incentive credit and a credit for past-due amounts. Each time you pay your required monthly payment on-time and in-full, you no longer owe the rest of that month’s billed amount. You also receive a 1/24 credit toward any old debt.
If you make full, on-time payments for 24 straight months, all of your past-due amounts will be eliminated. Households with a gross yearly household income at or below 150 percent of the federal poverty guidelines are eligible to participate in PIPP Plus.