why does the city charge a deposit for electricity ?

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why does the city charge a deposit for electricity ?

2007-06-09 03:38:58 · 4 answers · asked by krunch112 1 in Business & Finance ➔ Renting & Real Estate

4 answers

Electricty and most other utilities are charged in arrears. That means that you use the item and pay for it later. The deposit assures that the company won't be out too much money if the user skips out on the bill.pp

2007-06-09 04:31:20 · answer #1 · answered by ttpawpaw 7 · 0⤊ 0⤋

In case you stiff them for a bill.

2007-06-09 10:46:03 · answer #2 · answered by WilljClinton 4 · 0⤊ 0⤋

Because they can.

2007-06-09 10:43:44 · answer #3 · answered by Anonymous · 0⤊ 0⤋

they all do it if your credit is not too good. SUCKS

2007-06-09 10:47:12 · answer #4 · answered by jennifer 2 · 0⤊ 0⤋