A security deposit may be required if the following conditions exist:
- The business or business location demonstrates a history of high failure risk, as measured by two or more bad debt losses within a three-year period. A deposit will be required even though the proprietor may have a satisfactory credit score. In such cases, the deposit term shall be indefinite.
- The member has interfered with or diverted MVEC electrical service in an unauthorized manner.
- The member receives a disconnection notice. (Note: deposit requirements are location specific). The member has two (2) returned bank items within the most recent previous twelve (12) month.
Questions? For more information contact:
Member Account Support
952.492.2313 or 800.282.6832