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A welcome utility bill

April 25, 2007

If ever a bill was welcome, it was the gas company statement we got this week.

Installment_statement_2_2
Just days after we had to come up with cash for the IRS, our local natural gas company dunned us a whopping $2.52.

That’s right. Two decimal point five two.

Not that our gas bill is ever outrageous, even in the couple of weeks each winter when we have to turn on the furnace it fuels. But this has to be the smallest utility bill I’ve ever received, even going back to when I was single, living alone in Lubbock, Texas, in a studio apartment.

Of course my first reaction was that it was a mistake. We’ve dealt with utility bill errors before. In fact, back in Florida we got a $300 gas service bill and I just knew it meant we had a gas leak. As soon as I saw that bill, I started packing our bags to go to a hotel so we wouldn’t be around when the house blew.

But upon checking every possible appliance and gas line connection, along with our swimming pool heater that ran on gas, as well as the outside meter and main pipe to the house, I couldn’t detect any unwanted odor. So I figured it was an error.

I called the gas company that night. They sent out a technician the next morning. And yes, the meter reader that month had simply misread ours.

I thought I was going to have to do the same thing here, but with much less welcome corrective results. Then I took a closer look at our bill.

Seems that after 18 months, the gas company decided to apply the deposit we put down when we moved in to this latest bill. The company may have told me that would happen when I set up the account back in 2005. I honestly don’t remember.

Last of the deposits: A couple of other utilities — water, phone — already had applied our deposits, so I just thought the gas company would hold onto its pre-service cash and credit it when we eventually closed the account. That was what a couple of them did when we left Florida.

But I’m glad the utility decided to go ahead and cash it in now. It was a nice surprise to have such a small bill this month after handing over much larger amounts, for both our annual 1040 filing as well as estimated tax payments, this month.

And we even got 36 cents in interest on the deposit. Hey, I’m not turning down any penny!

Avoiding the deposit: The best treatment we got when it came to putting down a service deposit was from Austin Electric.

When I called to set up that account, the representative told me that if I could get our previous utility provider to fax them a statement noting how long we had that prior account, affirming that our payment history was satisfactory (or better) and that we closed the account in good standing, then we didn’t have to put down an electric company deposit.

Florida Power & Light did just that. And Austin Electric turned on our lights and refrigerator and TVs and computers and everything else without us having to put down a cent.

The next time you move, check with your utilities to see if they offer such a deal. If we were ever going to move again, which we’re not, I would!

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TO WRAP UP 2026

It’s over! With October’s extended filing deadline behind us, it is now time to focus on year-end moves to reduce your 2026 tax bill. 

You’ll find ways to do just that on the Tax Tips page (see the More Tax Posts drop-down menu at the top of the blog), as well as the separate tax tip pages for each month, notably October through December. If you’re on the Tax Tips page, you’ll find a monthly list at the end of this column. If you’re on another blog page, you can head straight to the October tips; at the bottom of that tips page you’ll find links to all the other 11 months’ collections of tax advice.

Not to spoil what you’ll find in that tax advice, but it does cover such things as tax deductions for charitable donations, investment moves that could reduce tax due, and ways to max out your tax-favored retirement savings. 

Finally, as the year winds down, things get hectic. There are lots of other things to occupy our time, like the much more fun upcoming holidays. But don’t lose sight of taxes, since timing is key. To be of use, most tax moves must be made by the end of the tax year. That’s Thursday, Dec. 31, which also is the last business day of the year. 

So that you don’t miss that final tax year deadline, also keep an eye on the countdown clock below. It will keep you on top of just how much time is left to make important, tax-saving moves. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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