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Applicants for new business, commercial, or industrial utility service shall be required to make a deposit guaranteeing payment of charges for utility service, or for reestablishment of service. The town shall have the right to require such customer to adjust such deposits after the expiration of any four consecutive billing periods to reflect actual, rather than estimated, usage.
(Code 1976, § 6.102) (Ord. 12-79, passed 11-5-1979)
(A) Whenever an applicant, or customer, is required to make a deposit pursuant to these rules either for guaranteeing payment of charges for service, or for reestablishment of service, the amount of the deposit shall be a sum equal to the average bill for service as estimated for two billing periods, but shall not be less than those fees outlined in the schedule in Appendix G.
(B) The actual amount of deposit to be made by customers for various types of service shall be determined, at least annually, by the Town Manager based upon his or her determination of an average bill for service of two billing periods for the type, and anticipated, volume of service requested. The deposit requirement determinations of the Town Manager shall be spread upon the minutes of the Town Council during the month of June of each year, and shall be in effect until altered by the Town Manager in accordance with the procedures set forth in this article.
(1) Outside customers rates will be double the inside rates for customers utilizing rate number I or number II. Outside customers utilizing rate number III or number IV will pay the same as inside customers.
(2) If a customer uses only electricity, his or her deposit rate shall be either rate number III or number II, based upon his or her residence being all electric or not all-electric.
(3) Commercial customer rates shall be an amount equal to the customer’s estimated consumption for one full billing cycle. The town shall consider any seasonal characteristics of the customer’s utility consumption in determining the amount of the deposit.
(C) Deposits from any customers of the town shall accrue no interest while held by the town.
(Code 1976, § 6.104) (Ord. 12-79, passed 11-5-1979; Ord. 5-2000, passed 2-21-2000)
(A) Existing residential customers may apply for, and receive, refunds of their deposit, or have their deposits credited to their accounts, if the customer during the last 12 consecutive billing periods for prior service has not had service discontinued for nonpayment of bill, or had more than two occasions in which a bill was not paid when it came due, or had one of their checks given in payment of a bill dishonored.
(B) The deposits of existing residential customers who are not entitled to a refund of their deposit under subsection (A) above, shall continue to be held by the town until the customer qualifies for a refund, or until service is discontinued or terminated.
(C) The town shall have the right to refund the deposits of residential customers who qualify for refunds, but who do not apply for such refunds, or to credit their accounts with the amount of the deposit.
(D) The deposits of existing business, commercial, or industrial customers shall not be subject to refund, and shall continue to be held by the town until service is discontinued or terminated.
(Code 1976, § 6.105) (Ord. 12-79, passed 11-5-1979)
When a customer has furnished a deposit to guarantee payment of bills and service has been terminated, the deposit will be applied to any unpaid charges, or indebtedness due, to the town and the balance refunded.
(Code 1976, § 6.106) (Ord. 12-79, passed 11-5-1979)
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