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Online Billing Frequently Asked Questions (FAQ)
- How much is the convenience fee?
There is
a $3.00 convenience fee per-transaction and a maximum payment amount for
each transaction of $250.00
Farmers
Electric does not receive any part of the convenience fee
- Why is there a fee?
Electronic payments are not "free". Card providers
charge us for billings placed on a customers credit card. Financial
institutions charge for the use of their systems in transferring funds.
Most
merchants you purchase goods and services from add the fees they are
charged into the prices of their goods and services. Grocery stores,
retailers and restaurants add these fees into the prices you see - even if
you pay cash, you are paying for these fees.
Farmers
Electric rates do not allow us to include these fees in your bills. Our
rates are regulated and approved by the
New Mexico Public
Regulation Commission.
The
convenience fee is charged only to those customers who use the service.
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