Deposit Policy

Residential Service Applicants

Standard Deposits: $150.00 for Electric service, $150.00 for Gas service, $100.00 for Water service - If allowed to run credit check, the deposit may be reduced as follows:
  • New-service applicants who pose no credit risk will be charged no deposit for each service.
  • New-service applicants who pose minimal risk will be charged a $50.00 deposit for each service.
  • New-service applicants who pose substantial credit risk will be charged a $150.00 deposit for Electric service, $150.00 for Gas service and $100.00 for Water service.

Credit Report risk assessment is handled through the Experion Credit Reporting agency.

 

GENERAL SERVICE

(Includes non-residential, commercial, and industrial)

A deposit of two average monthly utility bills or a (minimum $60.00) will be required of any general service customer before service is supplied. The deposit can be secured by cash, assignments on a CD or savings account or a utility bond, the deposit will be applied by FPU against the final billing.

Average monthly utility bill for the purpose of this policy means the highest of:

  • The average monthly utility bill determined for customer class of service.
  • The average monthly utility bill for service location based on historical billing data.
  • The average monthly utility bill calculated using utility load data.
Each Utility Department will determine the cost of installation and deposit required for commercial and industrial customers.