North Carolina Administrative Code
Title 04 - COMMERCE
Chapter 11 - UTILITIES COMMISSION
Chapter 12
Section 11 R12-02 - ESTABLISHMENT OF CREDIT BY CUSTOMER
Universal Citation: 11 R 12-02 NC Admin Code 11 R 12-02
Current through Register Vol. 39, No. 6, September 16, 2024
(a) Each utility may require an applicant for service to satisfactorily establish credit which will be deemed established if:
(1) The
applicant owns the premises to be served or other real estate within the
county, unless the applicant is an unsatisfactory credit risk; or
(2) The applicant demonstrates that he is a
satisfactory credit risk by appropriate means including, but not limited to,
references which may be quickly and inexpensively checked by the utility;
or
(3) The applicant has been a
customer of the utility for a similar type of service within a period of
twenty-four consecutive billings preceding the date of application and during
the last twelve consecutive billings for that prior service has not had service
discontinued for nonpayment of bill or had more than two occasions in which a
bill was not paid when it became due; provided, that the average periodic bill
for such previous service was equal to at least fifty per centum of that
estimated for the new service; and provided further, that the credit of the
applicant is unimpaired; or
(4) The
applicant furnishes a satisfactory guarantor to secure payment of bills for the
service requested in a specified amount not to exceed the amount of the cash
deposit prescribed in Rule R12-4 of these rules; or
(5) The applicant makes a cash deposit to
secure payment of bills for service as prescribed in Rule R12-4 of these
rules.
(b) The establishment of credit under the provisions of this rule, or the reestablishment of credit under the provisions of Rule R12-3 of these rules, shall not relieve the applicant for service or customer from compliance with the reasonable regulations of the utility including, but not limited to, the prompt payment of bills and the rules for discontinuance of service for the nonpayment of bills due for service furnished.
NCUC Docket No. M-100, Sub 28, 5/6/70.
Disclaimer: These regulations may not be the most recent version. North Carolina may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
