Temporary Power Deposits
Effective July 1, 2011 - changes to temporary deposit procedure as approved by City Council May 3, 2011.
Deposit Fees Effective July 1, 2011
The fee for temp power is calculated as follows:
-
for single family residential the deposit is the same as the cost of the permit or $1,000.00, whichever is GREATER.
-
for commercial project the deposit is the same as the cost of the permit or $1,000.00, whichever is GREATER.
-
on large commercial projects if the fee exceeds $35,000, we will accept an Irrevocable Letter of Credit from the bank.
When the project is completed, One Stop Shop will generate the paperwork for the Finance Department to issue your refund.
-
A $200.00 processing fee will be deducted from the deposit.
- Deposits paid by check are refunded to whomever is reflected on the check (city policy) in about 25 days.
- Deposits paid with a credit card are refunded as a credit back to whomever posted payment, usually within 24 hours of the project being completed.
Deposit fees effective through June 30, 2011
The fee for temp power is calculated as follows:
-
for single family residential the deposit is the same as the cost of the permit or $1,000.00, whichever is LESS.
-
for commercial project the deposit is the same as the cost of the permit or $1,000.00, whichever is GREATER.
-
if it's a Green Building single family residential stucture, we will waive the deposit fee.
-
on large commercial projects if the fee exceeds $35,000, we will accept an Irrevocable Letter of Credit from the bank.
When the project is completed, One Stop Shop will generate the paperwork for the Finance Department to issue your refund.
- Deposits paid by check are refunded to whomever is reflected on the check (city policy) in about 25 days.
- Deposits paid with a credit card are refunded as a credit back to whomever posted payment, usually within 24 hours of the project being completed.
Contact:
One Stop Shop480-312-2500
