Why does pseg charge a deposit

I've never heard of a deposit being paid unless you have bad credit and have had your utilities shut off for non payment. Location: Somewhere over the Rainbow. My friend had to pay a deposit and it was because she had no credit history.

Maybe under different circumstances, one would, but we don't know of anything in this thread if there may warrant one. If they do require a deposit, many times it can be waived if you can supply a letter of credit from a previous utility company. Atlantic Electric would not waive the deposit for a new customer for any reason. Please register to post and access all features of our very popular forum. It is free and quick. Along with your apartment security deposit , it's essential to keep track of any utility deposits.

List them in a spreadsheet, if needed, along with the amount you paid. This way, the next time you move, you can collect all of your deposits without issue and not have to worry about it. The best way to get back your utility deposit is to continue taking care of your credit score and pay on time. Muriel Vega Muriel Vega is an Atlanta-based journalist and editor who writes mostly about technology and its intersection with food and culture.

She spends her time eating her way through Buford Highway and exploring Atlanta's arts scene. Download the Rent. All rights reserved. Terms of Service and Privacy Policy. Share Twitter Pinterest Facebook Linkedin.

Unfortunately, when you move apartments, the moving list doesn't end with finding your dream apartment. Recent Articles. To spread payment of your deposit over several months, schedule a payment arrangement online after receiving your first bill. You can also call our Customer Service Center at to make a payment arrangement. Through this program, your deposit is waived when you sign up for paperless billing and recurring payment to "pay bill in full" through your online account.

If you've started the process online or by phone, follow the steps below to complete your enrollment. To start the enrollment process now, also see steps below. Sign up by phone. Under this option, a guarantor assumes all financial responsibility for a specified guaranteed amount—including the deposit—in the event the customer fails to pay the closing bill.

The guarantor must be an established residential or commercial customer with 12 consecutive months of service, no more than two late payments and average monthly billings equal to at least 50 percent of the amount to be guaranteed. The company has to send you a notice, within 30 days of its decision, telling you the specific reasons why they denied you service or notifying you that you have the right to know those reasons.

You then have 60 days to request that they tell you those reasons. You must submit your request in writing. You also could contact your state or local consumer protection office to check on any additional rights under state law. You might have the following options:. Contact your state or local consumer protection office for current information on these protections.