Industrial Deposits

Humboldt Utilities requires a security deposit of up to 2.5 times the estimated average monthly bill for Industrial Customers applying for utility service.

Deposit may be secured by one or a combination of the following:

• Cash
• Certificates of Deposit assignments – local banks
• Surety Bonds – companies authorize to do business in the state of Tennessee
• Irrevocable Letter of Credit from a reputable financial institution licensed to do business in the state of Tennessee
• TVA Security Deposit Program – (subject to availability)

The Humboldt Board of Public Utilities reserves the right to make exceptions or changes to any of the terms and conditions listed above.