General Service Security Deposit Requirements
- Deposit for Oil Wells - The lesser of $50 per connected horsepower or one-sixth (1/6) estimated annual billing.
- All other commercial accounts require deposit equal to one-sixth (1/6) of the estimated annual billing rounded down to the nearest $5.00 increments, not less than $250.00.
- Deposits, plus accrued interest, will be returned in (24) twenty-four months if service has not been disconnected and not more than (2) two late payments in the last (12) twelve months. Deposits will be refunded or applied to an outstanding indebtedness upon termination of service.
- A security deposit will be required on all new commercial accounts, unless a company has an established account with CCECA in the same name for at least 24 months, with no more than two (2) delinquents during the past 12 months.
Should you have any questions, please feel free to contact our office at (940) 759-2211.