The SVEC Eazy Pay payment option allows the amount of your electric bill to be automatically deducted from your bank account. This optional, secure, safe and FREE service means you no longer need to write a check, go to a payment center, use a stamp, or worry about late payment.
How Eazy Pay Works
Fill out the authorization form ( 43 KB) and return it to SVEC along with a voided check (checking account) or deposit slip (savings account) showing the bank and checking or savings account from which you want your payment deducted.
Upon receipt of the authorization form, SVEC will implement the direct debit of your bank account. You will continue to receive a monthly bill from SVEC as usual.
On this bill you will see a new statement to the effect that, "Your bank account will be debited for $ (total amount due) on (date)."
What will I be charged for this service?
ABSOLUTELY NOTHING! Eazy Pay is offered as a convenience, free of charge, to our member-owners who wish to save check and postage costs. In addition, they enjoy the ease and comfort of knowing their electric bill is paid on time each month, in a secure manner. Even with SVEC Eazy Pay, no one has access to your bank account except you and your bank.
Can I cancel Eazy Pay at anytime?
Yes, in writing. Just remember to allow at least five (5) business days prior to the debit date to cancel the payment deduction or make changes to your financial institution information. Also, please remember that the payment will have to be made by another payment method.