Security Deposit Policy for NI Business Customers
Electric Ireland will perform a Credit Check on all new customers, which takes into account the credit rating of the company, the type of business and the chosen payment method.
Dependent on the results of our Credit Check, Electric Ireland may require a security deposit to be paid. In addition, if you are an existing customer you may be asked to pay a security deposit during the term of your contract or as part of a renewal of your contract, and this would be based on your payment history.
The amount of the Security Deposit is based on 3 months average usage for your business premises, and to ensure the accuracy of our calculations we may request that you supply us with your electricity bills from your previous supplier.
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