Not necessarily. Round Rock electric companies will check your overall credit score to determine if a deposit would be required. This is a ‘soft check’ on a credit score, as you are not applying for a ‘line of credit.’
(There are other options if you do not want a credit check – Call for this information)
If your score is around 600 or better, you will not have a deposit.
At the time your request is submitted, we get an immediate response from an automated system on a whether or not a deposit is required.
The deposits, if needed, vary according to the credit score:
For an Apartment – $40, $80, $120*, $160*
For a Home – $70, $140, $210*, $280*
* These amounts may be split into 2 payments. You can pay half the deposit upon enrollment; the other half will be deferred to your first invoice.
