Nev. Admin. Code § 704.328 - Deposit: Generally

Current through March 28, 2022

1. Except as otherwise provided in subsections 2 and 3, a deposit for each service provided by a utility must not exceed an amount equal to 150 percent of the estimated average monthly bill of the customer for each such service. Deposits for multiple types of utility service from the same utility must be calculated separately.
2. If an elderly customer establishes credit by making a deposit, the deposit must not exceed 50 percent of the deposit established pursuant to subsection 1.
3. If service to a customer has been terminated, the deposit required by the utility for resumption of service must not exceed an amount equal to 150 percent of the estimated average monthly bill of the customer for service to be resumed.
4. A utility may require:
(a) An elderly customer who has had a termination of service or made four or more payments after the issuance of the next monthly bill within a 12-month period to provide the remaining 50 percent of the deposit.
(b) A customer, who has not been required to provide a deposit, to provide a deposit once the customer's credit has become unsatisfactory.
5. By posting a deposit, the customer agrees that the deposit is a pledge to make future payments to the utility and not payment for future services that are furnished by the utility.
6. A utility may apply a deposit to any amounts outstanding at the time service is terminated or discontinued at the request of the customer.

Notes

Nev. Admin. Code § 704.328
Added to NAC by Pub. Service Comm'n, eff. 1-5-89; A by Pub. Utilities Comm'n by R198-01, 2-17-2005

NRS 703.025, 704.210

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