APPENDIX D – DEPOSIT GUIDELINES EFFECTIVE AUGUST 6, 2013
This Appendix contains guidelines for Deposits only. SaskEnergy reserves the discretion and right to require a Deposit or Security in any circumstance and in any amount SaskEnergy deems appropriate. In SaskEnergy’s sole discretion, Deposits may be collected when the application is made, or may be billed on the first Natural Gas Service bill. Failure to pay the Deposit may result in Discontinuance of Service.
a)
Residential:
SaskEnergy may collect a Deposit equal to 15 % of the anticipated annual bill for Customers requesting Natural Gas Service under the following circumstances: i) Customer has a previous Disconnect or Discontinuation of Service for non- payment; or ii) Customer applying for Service has a history of late payments or has outstanding debts owing. Amended – September 7, 2016
b)
Commercial Small and Commercial Large:
Commercial Customers will be required to provide a Deposit equal to 30% of the anticipated annual bill unless excused as per the criteria outlined in (e). Commercial Customers who enroll in SaskEnergy’s Pre-Authorized Payment Plan (PPP) will have their Deposit assessment reduced to 15% of the annual bill for such period as the Customer remains enrolled.
c)
Small Industrial:
Small Industrial Customers will be individually assessed. A minimum Deposit based on 15% of the annual bill will be required and credit risk will be considered.
d)
Contract Industrial:
A Deposit will be individually assessed and included in a Written Service Agreement. A minimum Deposit based on 15% of the annual bill will be applied and credit risk will be considered. e) The following Commercial and Industrial Customers will generally be excused from the requirement for a Deposit: i) Federal, provincial and municipal government departments, agencies, and crown corporations; school boards, universities, and technical schools; and national charitable organizations; ii) Financial institutions including banks, trust companies and credit unions;
SaskEnergy Terms and Conditions of Service Schedule – Appendix D
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