South Carolina Code of Regulations
Chapter 103 - PUBLIC SERVICE COMMISSION
Article 4 - GAS SYSTEMS
Subarticle 4 - CUSTOMER RELATIONS
Section 103-431 - Customer Deposits
Universal Citation: SC Code Regs 103-431
Current through Register Vol. 48, No. 3, March 22, 2024
A. Each gas utility may require from any customer or from any prospective customer, a deposit intended to guarantee payment of bills for service, if any of the following conditions exist:
1. The customer's past
payment record to a gas utility shows delinquent payment practice, i.e.,
customer has had two consecutive thirty-day arrears, or more than two
non-consecutive thirty-day arrears in the past twenty-four months, or
2. A new customer cannot demonstrate that he
is a satisfactory credit risk by appropriate means including, but not limited
to, letters of good credit from a utility, or references which may be quickly
and inexpensively checked by the Company or cannot furnish an acceptable
cosigner or guarantor on the same system within the state of South Carolina to
guarantee payment, up to the amount of the maximum deposit, or
3. A customer has no deposit and presently is
delinquent in payments, i.e., has had two consecutive thirty-day arrears, or
more than two non-consecutive thirty-day arrears in the past twenty-four
months, or
4. A customer has had
his service terminated for non-payment or fraudulent use.
B. Each utility shall inform each prospective customer of the provisions contained in (A) of this rule.
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