The applicant is unable to provide prior utility service history information with any regulated or unregulated utility in Michigan or elsewhere during the last 6 years and has an unfavorable commercial credit rating caused by 3 or more delinquent payments of more than 60 days in the last 2 years. A receiver has been appointed in a court proceeding within the last 6 years. As allowed by federal bankruptcy law, the applicant has sought relief under federal bankruptcy laws within the last 6 years. The applicant secures a guarantor who is a customer in good standing with the utility. The applicant is over 65 years of age and has no negative credit history with any gas or electric provider.
Interest earned is credited to the customer's account semiannually.
Edison Sault will refund deposits and interest after 12 consecutive months in which all bills have been paid and no notice of discontinuation of service was sent. Deposits collected due to unauthorized usage or tampering will be retained by the Company for 24 months. Should a customer move or no longer use Edison Sault Electric Company's service, the Company will apply the deposit and interest to the customer's final bill and will refund any amount remaining by check.