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Are there alternatives to security deposits?

Yes. A letter of reference from your previous utility may serve in place of a security deposit. Letters must be printed on the utility’s letterhead, authorized by a company official, less than six months old and include a good record of payment for at least 12 months.  Also, a co-signer (or guarantor) who is an existing EPB Electric Power customer with a good payment record for at least 12 months may serve in place of a security deposit. The guarantor will be asked to sign an agreement that will remain in effect for one year.

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Related FAQs

Since every EPB Electric Power customer account uses power before the first bill is received, we require an initial deposit of $200.00 to cover the cost of this power. However, all new applicants for service undergo a review of their credit history and those with a satisfactory credit rating may have the deposit waived or billed on the first month's bill. Customers with less than satisfactory credit will be required to pay a deposit in advance. Deposits may be paid using Visa, MasterCard, Discover Card, debit card or cash in person at one of our three convenient locations and must be paid before electric service can be connected.

If you are replacing two existing electric units with qualifying models, you can receive rebates for both. Your EPB Energy Pro and your Quality Contractor Network contractor can help you ensure that you are working within the guidelines of the program and meet the requirements for each HVAC rebate. Additionally, you can also earn an additional $300 rebate for sealing, repairing, insulating or repairing your HVAC’s ductwork.

Yes. There’s no limit on how many homes one homeowner can include in the program. However, at some point in the process you will be asked to co-sign a Participation Agreement with each home’s renter to ensure that both contractors and EPB Energy Pros℠ are allowed on the premise to complete work as needed.

A notification you receive via the myEPB app when the total charges for your current bill have exceeded a dollar amount that you specify within your app settings.

Start by setting your thermostat to 72 degrees. Then move it up 1 degree each day in the summer until you find the highest setting that still maintains your family’s comfort. Then do the opposite in the winter. Each degree up in the summer and down in the winter can save roughly 3% on your monthly energy bill. Don’t go too extreme, however. You do want your HVAC to run regularly throughout the day to maintain healthy levels of indoor air humidity.

Another way to save is when you leave for work, adjust your thermostat up 7-10 degrees in the summer. The savings over those 8-10 hours can add up to roughly 10% off your energy bill. And, a smart thermostat can automatically make those adjustments for you, and efficiently get your home’s temperature back to normal before you arrive back home.

See more Energy Savings Tips.

Every multi-year license includes a buyback option if the customer requests it anytime during the 20-year expected life. A schedule of the buyback values will be established and published at the time of purchase.

Air Source Heat Pumps, including Split Systems, Ductless Mini-Split Systems, and Packaged Air Systems; Central Air Conditioners; Dual Fuel Heat Pumps; and Geothermal Heat Pumps – all with SEER2 Ratings of at least 15 – may qualify for EPB and TVA EnergyRight® Home Energy Rebates. See qualifying HVAC systems.

For other questions, get in touch with us

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