Security Deposit Refund

Security Deposit Refund

1. Security Deposit

A security deposit shall be deposited by all the consumers to cover:

  • The estimated amount of bill corresponding to the billing cycle period plus one month; and
  • Payment due to the Licensee for any electric line or electrical plant or electric meter that is to be provided for supplying electricity to the consumer.
  • The estimated security deposit amount for different categories while releasing new connections shall be calculated as per the methodology given in Annexure XVIII of Joint Electricity Regulatory Commission for the UT of Jammu & Kashmir and the UT of Ladakh (Electricity Supply Code) Regulations, 2023

2. When & How Security Deposits Are Refunded

The security deposit shall be returned to consumer upon termination of Agreement within 30 days of adjustment of all dues.