Payment of Deposits

Except for seasonal customers, all prospective customers shall pay the Cooperative a sum equal to 2/12 of the annual usage at the service point or 2/12 of the reasonable estimated annual usage. All prospective seasonal customers shall pay a deposit equal to one half of the reasonable estimated charge for the ensuing season or 2/12 of the reasonable estimated charge for 12 months of service, whichever is greater. The usage shall be based on the history of actual usage for the dwelling, or if no usage record exists, the estimated charges based on the usage of service points with similar characteristics. The deposit is due and payable as a precondition of initiating or continuing utility service. The Cooperative may waive the required deposit for existing or prospective customers if they can provide a satisfactory credit reference or other guarantee of payment.

Full text of Cooperative Policy on Deposits

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