Do I have to pay a deposit when I open a new account?
A security deposit is required for the following situations:
- A new customer has no credit history with BC Hydro
- We cannot conduct an Equifax credit check
- An Equifax check shows a credit risk
- The customer cannot provide a reference letter from another utility
The amount of the deposit is based on:
- The customer's billing plan
- Two or three times the estimated average monthly bill
- Average monthly bills of similar dwellings where no historical consumption exists
How to pay your security deposit
The security deposit is due within 10 days. In some cases, we’ll ask for a deposit before we open an account. There are a number of ways to pay.
Your deposit will be credited to your account after one year of on-time bill payments.
Waive or reverse a security deposit
In some cases, security deposits may be waived or reversed if a credit reference letter is provided or a credit bureau check is passed. The credit reference must be from another utility company (electric or gas, telephone, cellular or cable) that confirms you have made on-time bill payments for 12 consecutive months. Our credit and collections team reviews all references to determine if the security deposit can be reversed. Scan your reference letter and email us with “Credit reference letter” in the subject line. Please include your account number and address in the email.
For security deposit help, have your BC Hydro account number handy and call 604 224 9376 or 1 800 224 9376.
... This will ensure you have electricity when you move in and avoid ... What do you wanthttps://www.bchydro.com/accounts-billing/moving-electrical-connections/move-in-out.html - 35k
to do? ... property manager for homes or businesses: If your tenants pay BC Hydro ...
... 60 Reqt Paycheque / Empl Online Messages Do we want a ... has requested a report, tohttps://www.bchydro.com/content/dam/hydro/medialib/internet/documents/planning_regulatory/rev_req/rev_reqs_4/app_d_open_items_log_pdf.pdf -
be run every pay period, to ... Can we have cheque stock produced in time for go ...
... by management and reporting of new projects ... to identify projects and subprojectshttps://www.bchydro.com/content/dam/hydro/medialib/internet/documents/planning_regulatory/rev_req/rev_reqs_4/appx_e_risk_and_control_analysis_pdf.pdf -
that have capital related ... However, system references GL account ensure it is ...
... Do you own a business that's operated in your home ... dwelling, you need to contacthttps://www.bchydro.com/accounts-billing/bill-payment/terms-and-conditions-for-our-customers.html - 64k
us to have the PST ... costs that are incurred when customers don't pay their bills ...
... How much of what a customer needs to pay is driven by ... any conclusions as to whetherhttps://www.bchydro.com/content/dam/BCHydro/customer-portal/documents/corporate/regulatory-planning-documents/regulatory-matters/workshop-summary-notes-20170116.doc -
option 2 would have prevented any ... not believe it would be possible to do so ...
... 31 Ways to pay your bill ... Be sure everyone knows what to expect and what to do. Havehttps://www.bchydro.com/content/dam/BCHydro/customer-portal/documents/accounts-billing/customer-care/bch-rate-zone-2-service-info-guide.pdf -
a contingency plan in case power is out for a longer period. ...
... Suppliers will not pay a fee for transacting with BC Hydro through ... Where do I gethttps://www.bchydro.com/work-with-us/suppliers/invoicing-and-payments.html - 50k
more information? ... If you have a technical issue with Ariba (our eCommerce tool ...
... What price is BC Hydro going to pay for electricity ... How do we know which criteriahttps://www.bchydro.com/work-with-us/selling-clean-energy/closed-offerings/cbb-rfq/qas.html - 52k
will be given more ... timing and how interested parties wished to have more time ...
... In section 3.3, do NFEPPa and NFEPPb have to sum to 100%? ... The Specimen EPA sayshttps://www.bchydro.com/work-with-us/selling-clean-energy/closed-offerings/clean-power-call/qas.html - 101k
that BC Hydro will pay for Interconnection Network Upgrades. ...