1001 Charles G. Seivers Blvd., P.O. Box 296, Clinton, TN 37717
 
Phone: (865) 457-9232 Fax: (865) 457-0234
Office Hours: Monday – Friday 8:00 a.m. to 5:00 p.m.

Schedule of Rates and Charges

 


 

  Deposit Requirements          (Effective March 14, 2013)
   
 
  Residential Electric Deposits
 Homeowner
        with excellent "Green" credit rating or excellent CUB credit history $25.00
        with good "Yellow" credit rating $150.00
        with other "Red" credit rating $300.00
 Renter
        with excellent "Green" credit rating or excellent CUB credit history $50.00
        with good "Yellow" credit rating $150.00
        with other "Red" credit rating $300.00
  FlexPay  
         Customer pays one monthly $6 prepay fee per account $0.00
         (Includes Electric, Water, Sewer, OL's)  
 

Outside Lighting Only Account

$25 per light
 
  Commercial / Industrial - Electric, Water & Sewer
         Commercial / Industrial - Electric, Water & Sewer 2 times highest month
 
  Residential Water & Sewer Deposits
 Homeowner & Renter
        with excellent "Green" credit rating or excellent CUB credit history $25.00
        with good "Yellow" credit rating $50.00
 

      with other "Red" credit rating

$75.00

 
  Other Deposit Information:
  Simple interest shall be paid on cash deposits retained more than (6) months at an interest rate that is reviewed annually by CUB and adjusted to reflect the average passbook savings rate paid by local banks.

 

Acceptable Commercial/Industrial forms of security include: Cash Deposit, Cash Escrow Bond, Bond of Indemnity, Letter of Credit, TVA Enhanced Security Deposit Program, TVPPA Credit Insurance Program.

 

Customers paying the higher deposits may request a partial refund after one (1) year with excellent CUB credit (no late payments for twelve (12) consecutive months).

 

Customers may be required to upgrade their deposits to the maximum deposit if they are disconnected for non-payment.

 

CUB uses Online Utility Exchange to determine customer's credit rating. 


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Copyright © Clinton Utilities Board, 2014