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Deposit Information
Residential Deposits:
Homeowners, who provide the name of their title company and escrow number, will not be
charged a deposit. If a prior delinquent account history has been
established, a $50 refundable deposit will be required.
Renters, who provide an acceptable letter of credit from another utility company with
which they have had recent service, will not be charged a deposit. Renters
without a letter of credit (or previous acceptable
City of Tempe account history) will be required to submit a $50 refundable
deposit. After 12 consecutive timely payments are made on the utility
account, the deposit will be automatically applied back to the account on the
thirteenth bill, or the final bill, whichever comes first.
Commercial Deposits:
Commercial customers who provide title
company and escrow number, or who have an established previous
acceptable account history, will not be charged a deposit. All other
commercial customers will pay a deposit of an amount equal to an
average monthly bill for the most recent six months, with a
minimum deposit amount of $150.
Hydrant (Construction) Meter Deposits:
A $225 deposit is required to set up a hydrant (construction)
meter account. The deposit will be applied towards the final bill and any
applicable refunds will be mailed out within two weeks after termination of
service.
Refund of Deposits:
Deposits are automatically applied back to the utility account 1) after twelve
timely payments have been posted to the account or 2) when the account is
closed. On closed accounts, refunds and any other final credits will be
mailed out two weeks after the account is closed.
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