Fees
Membership Fee: A membership fee of $5.00 is required to receive electric service from T.I.P. Rural Electric Cooperative. This will appear on your first bill. You will never lose your membership fee. If you ever move off of our lines it will be refunded at that time.
Deposit: The deposit is based upon the highest bill in the previous 12-month history at the location for which service is requested. The deposit fee may be waived by furnishing T.I.P. REC with a credit reference from your previous power supplier showing you were with them for at least a year and made at least 11 payments on-time. It may also be waived by signing an affidavit of ownership or a guaranty signed by owner, which states that if your tenant doesn’t pay their bill you will pay at least the deposit amount. You will never lose your deposit, as it is refunded to you if you pay your bill on-time for a year or whenever you move off of our lines.
Posting Fee: If you fail to respond to your delinquent notice that gives you to the 11th of the month, a T.I.P. REC employee may post a Notice of Disconnection on your service. This notice will give you 2 days to pay your delinquent bill or your service is up for disconnection. A non-refundable and non-transferable $50 posting fee will be added to your next month’s bill.
Reconnect Fee: An $85 reconnect fee will be charged when your service has been disconnected for non-payment. If your service is reconnected before 4 PM the reconnect fee is $85, if your service is reconnected after 4 PM the reconnect fee will be $170.
If you request a service be disconnected there will also be an $85 reconnect fee, to reconnect in the future.
Return Check Fee: If your check returns to us, there will be a $30 return check fee added to your bill. In addition, your bill will be considered unpaid, and late payment charges will apply, if it is after the due date.
Penalty: To avoid a penalty your payment must reach our office by the “due date” printed on your bill, which is the 24th of each month.
