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Can the deposit be waived?

Res­i­den­tial Accounts – If no cred­it his­to­ry with YEC exists, the coop­er­a­tive will charge the $295 deposit. How­ev­er, there is a way to waive the deposit for res­i­den­tial ser­vice. YEC ver­i­fies the iden­ti­ty of new mem­bers through Online Util­i­ty Exchange; this process also gen­er­ates a cred­it check. If the iden­ti­ty check meets YEC stan­dards, then the deposit may be waived.

Com­mer­cial Accounts – Deposits must be paid on com­mer­cial accounts. Cred­it checks are not accept­ed for com­mer­cial accounts. Con­trac­tors build­ing sev­er­al homes are allowed to have one deposit for sev­er­al accounts, pro­vid­ed these accounts are kept cur­rent.

Cat­e­go­ry: New Ser­vice FAQ