In lieu of individual permits, an annual permit shall be issued after application to any person regularly employing one or more licensed maintenance electricians, for the repair and maintenance of electrical equipment in or on buildings or premises owned or occupied by the applicant for the permit. An application for an annual permit shall be in writing and shall contain a description of the premises on which the work is to be done. The permit holder shall keep a record of all electrical repairs and maintenance work done under the permit. This record shall be accessible to the Electrical Inspector at all reasonable times. All work done under such permits shall be maintained in conformance with the provisions of this chapter. The Electrical Inspector shall have the right to inspect the premises of the permit holder at any reasonable time. A permit fee of one-hundred dollars ($100.00) for work covered by the annual permit shall be paid not later than January 10 of that calendar year