A. When Required: The department, at the time application for electric power service is made or anytime thereafter, may require a cash deposit or guarantee satisfactory to the department to secure the payment of bills as they become due. Such deposit or guarantee may be held in its entirety by the department until final settlement of the customer's account. The amount of such deposit may be equivalent of the estimated cost of service for ninety (90) days, as estimated by the department.
B. Refunds: Deposits shall be refunded upon the customer's request after a satisfactory payment history of twenty four (24) months. Deposits shall be credited to the customer's bills for electric power service. If the customer is terminating service and that customer's deposit balance remains greater than the customer's last bill, the remaining balance, after crediting the bill, may be refunded directly to the customer. (Ord. 1989-1 § 1: prior code § 14-322)