What are the deposit requirements for establishing service?

Asked 6 months ago
The deposit requirements for establishing service with Nevada Power vary depending on the customer's credit history. For customers with good credit, no deposit is required. However, for customers with no prior utility credit or poor credit, a deposit may be necessary. The deposit amount is determined by the company and is based on the customer's average monthly usage. In general, the deposit is around two times the average monthly bill. This deposit can be paid in installments or in full, depending on the customer's preference. To avoid a deposit, customers can choose to enroll in the Budget Billing program, which averages their monthly bills over a twelve-month period. This program provides a more predictable payment plan for customers.
Adam Goldkamp is the editor / author responsible for this content.
Answered May 3, 2024

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