In order to serve you better, please select your Dominion Energy location services.
In order to serve you better, please select your Dominion Energy location services.
What to expect when a security deposit is required
A security deposit may be required if:
Residential security deposits will be reviewed for refund after one year and business deposits after two years of timely, in-full, consecutive payments.
A 3% rate of interest is paid if the full security deposit is held for 180 days or longer.
A residential customer may:
A business customer may:
Dominion Energy Ohio holds this document in lieu of a cash security deposit to protect the Company against loss resulting from unpaid service bills by nonresidential customers. The minimum dollar amount for this application is $500.00.
It's very important that the information on the Surety Bond is correct and complete. Otherwise, we cannot honor it in lieu of a cash security deposit.
The Surety Bond remains in effect for two years.
Add your Dominion Energy account number to the form and mail it to:
Dominion Energy Ohio
P. O. Box 5759
Cleveland, OH 44101
When submitting the Surety Bond form, please make sure of the following:
Dominion Energy Ohio holds this document in lieu of a cash security deposit to protect the Company against loss resulting from unpaid service bills by nonresidential customers.
An Irrevocable Letter of Credit is one that can only be modified by the beneficiary (in this case, Dominion Energy Ohio). The minimum dollar amount for this application is $500.00.
It's very important that the information on the Irrevocable Letter of Credit is correct and complete. Otherwise, we cannot honor it in lieu of a cash security deposit.
The Irrevocable Letter of Credit remains in effect for two years.
Be sure to include your Dominion Energy Ohio account number and mail the completed form on bank letterhead to:
Dominion Energy Ohio
P.O. Box 5759
Cleveland, OH 44101
Copyright © 2023 Dominion Energy