Say Watt?! Episode 22: The Truth About Deposits(And Deposit Waivers)
May 18th, 2020 by Energy Ogre
Why is it that some have to pay a deposit for electricity and others don’t? It’s one of the most asked questions we receive from Texans inquiring about our service. Millions of Americans have a less than perfect credit score, and many have a credit score that is low enough to require them to pay higher interest rates or security deposits. However, a higher credit score doesn’t necessarily exempt someone from having to pay a security deposit for electricity. So, what requirements are providers looking for when they check your credit, and how can deposits be avoided? Check out the latest episode of Say Watt?! for the details!