Deposit Policy

Criteria for Collection of Deposits

Whitewater Valley REMC requires from any customer or from any prospective customer, a deposit intended to guarantee payment of bills for service, establish, maintain, or re-establish electric service, if any of the following conditions exist:

1. Applicant is unsatisfactory credit risk.
2. A customer has no deposit and presently is disconnected for non-payment.
3. A customer has had his service terminated by any utility for non-payment or fraudulent use.
4. Applicant has been a customer of Whitewater Valley REMC for similar type of service within 36 months preceding application date and during last 24 months for prior service had the account disconnected for non-payment.

This fee is required prior to the time service is supplied to the customer, and is not transferable. Upon termination of service, the deposit may be applied against any unpaid bills of the consumer. Any remaining balance will be returned to the customer.