Can the electricity company charge a deposit regardless of credit?
May 16, 2008 10:03 AM Subscribe
I am new to renting and I just called the power company and they said that I have to pay a deposit no mater what my credit is. Is this normal practice?
posted by stevechemist to Home & Garden (31 answers total)
I am a college student at Penn State University and I am renting a townhouse in the area. When I called the power company (Allegheny Power) to create an account, they told me that no matter what my credit, I still have to pay a deposit equal to an estimated two months of electricity.
Their monthly estimate for a 3 bedroom, 3.5 bath townhouse is $160/month which I know for a fact is high because the previous tenant said their highest bill was $70/month. This made my deposit $320.
My questions to the hive-mind are is this a normal practice? Are they allowed to do that without even taking into account your credit?