utility deposit
Service activation fee
A utility deposit is a refundable payment required by electric, gas, or water companies before starting service, protecting the provider against unpaid bills.
New customers, renters, and those with poor credit history typically must pay one: The landlord warned us the electric company would want a utility deposit.
The deposit is usually returned after a period of reliable payment or when service ends.
- securityProtection from threat
- landlordProperty owner renting out
- tenantOne who rents property
- move-inBegin occupying a dwelling
- refundableAble to be repaid
electricity · gas · water · account · payment · lease · apartment · rental · billing · connection · service · hookup · prepaid · credit · credit check · meter · activation · balance
- depositsCD, FDIC insurance
- prepaymentsadvance payment, prepayment, down payment, downpayment, earnest money
- rental costsrent, monthly rent, apartment rent, late fee, first month rent
utility depositutility bill
Charge for essential services
monthly bill · service charge · usage fee · utility payment · rent
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