A deposit may be required for any account. Deposit amounts are based on the estimated electric service load and may be assessed based on credit risk according to our Credit Risk Administrative Policy (MS 120).
If a deposit is required, it will be refunded after one full year of on-time payments. If you end your Co-op membership with a deposit on file, it will be used to cover any outstanding balances, and if there is a remainder, it will be refunded to you.
If you are a residential member and choose to enroll in our Flex Pay program, a deposit is not required.