Print Options

(1) A distribution company which requires its customers to make cash deposits with it as a condition precedent to receiving a service offered by the distribution company, shall pay interest on the deposit at a rate determined by the Public Utilities Regulatory Commission, except that interest shall not be paid on deposits held by the distribution company for less than three months.

(2) Subject to sub-rule (1), where applicable, a distribution company shall disclose to the customer with its final billing statement in each calendar year, the amount of interest which has accumulated on deposits during the calendar year and the proportion which stands to the credit of the customer.