Memberships: Each company, firm, or individual who receives service from Petit Jean Electric must pay a $20 membership fee prior to connection of service. This membership fee will be held by the cooperative as long as service is continued and is refundable by application to the final bill when all services are terminated by the company, firm, or individual.
Service Deposits: Each company, firm, or individual who receives service from Petit Jean Electric may be required to pay a service deposit to ensure the settlement of each account. The amount of the service deposit shall not exceed the total of a 2-month average bill. New residential accounts must pay the class average amount of $200, and the deposit may be paid in 2 installments, with the first half paid at the request for service and the second half with the first bill. The deposit will accrue interest as approved by the PSC and will be refunded plus interest as a credit on your account after a one-year period of good payment record by the consumer. Additional deposits, equal to the 2 highest bills during the past 12 months, may be required if an account is disconnected for non-payment. You will not have to pay a deposit if evidence is presented of a good payment record with any utility (gas, electric, or water). We accept letters of credit from any utility as long as they are for service within the last 12 months. The cooperative will explain the reason for any deposit.