Security Deposits
Deposits are calculated by doubling the highest bill at a given location or by consultation with our Engineering Department for the projected usage or electric load for the service address. Deposits are due at the time of application. Deposits are held for one year and interest is paid on the deposit. After one year of good payment history, the deposit and interest is applied to the bill or upon request it can be refunded by check.
An irrevocable letter of credit or utility/surety bond may be substituted for the deposit requirement. Either deposit substitute listed above would need to match the deposit quote, be valid for one year, and name Johnson City Power Board as the beneficiary. Either deposit substitute listed above can be retired after one year's good payment history, receipt of written request by the issuer for cancellation, and by a verification of cancellation from the Johnson City Power Board.
* Verify Rates
Our staff is committed to providing current, accurate rate information. It is our goal to update this site as changes occur. However, rates are subject to change without notice. Customers are encouraged to verify pricing with a JCPB representative.
