Deposits are required until/unless the consumer meets one of the following conditions:
- They have established a satisfactory credit history (12 months with no late payments) with Valley Electric Association or any other electric utility in the previous 12 months.
- They are the surviving spouse of a VEA member who had a satisfactory credit history and they are applying for membership.
- Pre-paid metering
Any consumer unable to meet one of these conditions shall make and maintain a deposit equal to two times the highest monthly bill at the location where they need service or a minimum of $200. New construction accounts will require a $200 deposit or credit reference letter and new commercial accounts will require a deposit of $300. Deposits will be credited after 12 months of good credit history.