All commercial deposits are set by the Customer Service Manager.
Commercial deposits are calculated by multiplying the highest bill in the previous 12 months by two. Where no billing history is available, the deposit will be estimated based on projected demand and energy loading for the customer.
Commercial deposits are not refundable until service is terminated and the final bill is paid.
Commercial deposits can be made in any of these ways:
Cash: Note, all commercial deposits of $500.00 or less must be made in cash.
CD: It must be made out to “Company or person and Harriman Utility Board/or Harriman Utility Board”. Example: “ABC Co. and Harriman Utility Board/or Harriman Utility Board”.
Guaranteed letter of credit from a bank
Guaranteed insurance utility bond from insurance company
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