Commercial security deposit
New commercial members are subject to a security deposit when opening an account with Wright-Hennepin. The deposit is based on two times the monthly electric use and will be assessed upon connection of electric service.
To avoid a security deposit fee, new commercial members can enroll in EZ Pay. Wright-Hennepin's EZ Pay program will automatically draft the amount due from a checking account or credit card account each month.
Existing commercial members may be subject to a security deposit if:
- Payment has been declined or returned for non-sufficient funds
- Electric service has been interfered with by the member
- Electric service has been disconnected for non-payment
- Bankruptcy has been filed
If a member leaves Wright-Hennepin's electric service territory, the security deposit plus interest will be applied to the final bill*. If you have any questions, please contact your account representative.
*Interest is applied to the invoice annually based on Minnesota state statute.