Deposits

What is Required?

Residential and Business

We require for Residential Customers a minimum security deposit of $6,000 and for Business Customers a minimum security deposit of $10,000.

All deposits accrue interest annually, and you will see this interest in a separate line on your electricity bill.

Existing customers will not be required to update their security deposits unless the account is disconnected for delinquency, or if a system upgrade is requested.

Why Do We Require Security Deposits?

We normally use your deposit – (normally cash) – to secure your outstanding account balance. The amount of the deposit is based upon the type of electricity usage history at your address. We normally require them from customers who are:

  • New to Jamaica Public Service Company
  • If your electricity service is disconnected for non-payment of bills you may be required to increase your deposit.