R982-402-13. Security Deposits

(1) A Public Service Commission regulated utility supplier shall waive the security deposit requirement for HEAT clients during a moratorium. Payments received by a regulated utility from third-party sources, including HEAT, REACH, CONCERN, or similar programs, shall not be applied to the security deposit. (2) If the regulated utility supplier has signed a HEAT contract, the regulated utility supplier has agreed not to charge a security deposit to a HEAT client from November 15th through March 15th. The agreement not to charge a security deposit to a HEAT client does not apply to the service initiation fees that are routinely charged as a condition of service.