Deposits

A deposit may be required based on several factors, including but not limited to the following:

• Prior credit history or lack of credit history
• Poor payment history with KEC
• Returned or non-sufficient funds payments
• Disconnection of service for late or non-payment
• An unpaid final bill or a previously written-off KEC account
• Tampering with KEC equipment
• Misrepresentation of identity

Initial deposit amounts are calculated as follows:

• Two times the highest monthly bill at the service location during the previous 24 months rounded to the nearest $10.00.
• If 24 months of billing information is not available, a minimum deposit of $200.00 is required for residential and general service accounts and $750.00 for commercial and irrigation accounts. Minimum deposits may be adjusted based on the size and use of a building.

Once paid in full, the deposit will be credited to the account after 12 consecutive months of on-time payments or when the account is closed, whichever comes first, provided there is no negative payment history or adverse account or service activity that would require a deposit to be billed.

New members with no negative payment history or adverse account or service activity with KEC may qualify for one of the following deposit waiver options.

Option 1: Provide a Letter of Credit

Provide an excellent letter of credit from a recent gas or electric utility that shows service within the last 90 days and contains the following:

1. Name of new KEC member.
2. No more than one (1) past due balance in the most recent 12 months of service.
3. No disconnections in the most recent 12 months resulting from failure to make payments.

 Option 2: Provide a Credit Score

Provide a copy of a credit score from a nationwide consumer reporting company dated within the last 90 days that shows the following:

1. Name of new KEC member.
2. A score of 700 or higher.

All other personal information can be redacted.

 Option 3: Enroll in Residential Prepaid

Enroll in KEC’s residential prepaid billing program. Eligibility requirements and terms apply. To learn more please contact Member Services at 208.765.1200.

Letters of credit and credit score documents may be emailed to kec@kec.com and should reference the following:

• Name
• KEC account number
• Service address

If you have questions about deposit requirements or waiver options, please contact Member Services at 208.765.1200.