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ERMU Commission Policy — G.4j3 Customer Deposits <br />Residential customers may submit the required deposit at the time service is requested, or <br />have the deposit billed with the customer's first bill for services provided. Failure to pay a <br />deposit when billed shall be cause for ERMU to immediately terminate service. ERMU may, <br />in its discretion, waive the required deposit for residential customers if the customer consents <br />to ERMU's collection of credit history data on the customer, the customer's credit score is <br />above 90 percent probability of non -default, and the customer has no history of disconnection <br />for non-payment to ERMU, and no history of late payments to ERMU two times in 12 <br />months. <br />B. Commercial and Industrial Customers <br />All commercial and industrial customers will complete an application for service that <br />identifies the individual or business entity that will be entering into a service agreement and <br />will pay an application fee per the fee schedule. All commercial and industrial customers <br />shall submit the required deposit and enter into a service agreement with ERMU prior to the <br />time service is desired. The service agreement shall be an agreement on the part of the <br />individual or business entity to make payment of all amounts billed by ERMU for electric, <br />water and sewer services, and to be liable for any default or non-payment of amounts billed <br />by ERMU. ERMU may, in its discretion, reduce or increase the required deposit for <br />commercial and industrial customers if a service agreement is executed by the customer, the <br />customer has provided ERMU with sufficient information to allow ERMU to analyze the <br />credit risk of the individual or business entity executing the service agreement, and ERMU, <br />in its sole discretion, determines to reduce or increase the deposit required based on its <br />analysis. <br />POLICY HISTORY: <br />Adopted March 9, 2010 <br />Revised February 14, 2012 <br />Revised June 16, 2015 <br />Revised February 9, 2016 <br />Revised January 9, 2018 <br />Revised August 10, 2021 <br />Page 3 of 3 <br />53 <br />