Every customer applying for utility service shall be required to make a service deposit in accordance with the following schedule before service is instituted:
New Residential Customers
Type of Service
Water and Sewer Service
New Commercial Customer
The deposit required equals the two highest consecutive months' previous usage. Should previous usage not be available, estimated usage will be determined by the city based upon load information available.
Commercial deposits can be waived with acceptable letter of credit. This reference must cover a 24-month period and all bills must be paid promptly without a notice of disconnection. An irrevocable letter of credit can be accepted in lieu of a cash deposit for commercial customers.