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Can I provide of Letter of Credit in lieu of paying a deposit?

April 26, 2017credit deposit letter lieu paying

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Can I provide of Letter of Credit in lieu of paying a deposit?

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For new APS customers, in lieu of a deposit, APS will accept a letter of credit verification from an electric utility company where service was received for at least 12 consecutive months within the past two years. Once an acceptable Letter of Credit has been received, a verification check will be performed, and service will be scheduled for connection.

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For new APS customers, in lieu of a deposit, APS will accept a letter of credit verification from an electric utility company where service was active within the past six months – and – shows consecutive timely payments were received for the most recent 12 months on the account.