All commercial accounts require an application to be filled out.
A commercial deposit for service is required if you have not had a commercial account with us within the past 12 months. The deposit is held for 12 consecutive months of good credit, after which time it is automatically refunded by crediting your account. The deposit earns interest during the time we hold it. The interest rate for 2021 is 0.0747%.
The deposit shall be in the form of cash, irrevocable letter of credit from a local bank, or a bond. Contact customer service at (970) 247-5786 for the deposit amount for your location.
The application includes a separate space to sign for membership. La Plata Electric Association, Inc. is a non-profit, consumer-owned electric utility. As such, the Association does not pay federal and state taxes on margins (Capital Credits) which remain at year’s end, provided that 85% or more of all revenue received during the year is paid by consumers who are members of the Association. If member-paid revenue drops below the minimum and income taxes are assessed, the increase would be reflected in the electric rates. Your assistance through the application for membership is appreciated. It is at no cost or obligation to you. It enables you to vote for the Board of Directors of La Plata Electric Association, Inc. at the annual meeting.
There is a service charge, up to $65, for transferring the service into your name. This is a non-refundable charge, and it will be included on your first billing.