New residential customers with a favorable credit rating from our outside reporting agency are not required to pay a deposit. All commercial/business customers are required to pay a deposit.
Recent or existing customers with a good LCEC payment history are not required to pay a deposit.
In some cases, commercial customers may provide a Surety Bond in place of a cash deposit. When you contact LCEC to start service, let the agent know you are interested in this option and they will process your request. Credit Reference Letters cannot be used as a means of waiving a deposit.