To determine if a deposit will be required for business service, either of the following will be used to establish the member’s credit history:
- The prospective commercial business applicant must provide proof of prior service either with MEC or another electric utility for a period of 12 consecutive months within the past 24 consecutive months with no late payments.
- The credit history must be in the same name as the applicant or business applying for the service.
- The credit history must be the same rate class.
- Provide MEC with an assignment of either:
- Bank Certificate of Deposit
- Surety Bond