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What is a refundable contribution and how is it refunded?

April 26, 2017contribution refundable refunded

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What is a refundable contribution and how is it refunded?

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A. When the cost estimate exceeds the Line Extension Allowance for your new home you will be required to make a refundable contribution equal to the difference. You will be eligible for refunds up to the refundable contribution paid for a period of four (4) years. Please visit with a BHP representative for a detailed explanation of the refund procedure provided for in the Application and Agreement for Electric Service Extension. Refunds may result from additional extensions and the actual electric revenue associated with your new home.