What is a deposit and how do you determine the deposit of an account?

What is a deposit and how do you determine the deposit of an account?

A deposit is a sum that we collect to guarantee the payment of electric consumption, rents and other obligations. We also use it to ensure the return in good condition of the meter and other LUMA Energy properties installed to supply you with service. The General Terms and Conditions for the Supply of Electric Power authorize LUMA Energy to require or increase the amount of the deposit to those customers whose service is suspended due to non-payment or whose record shows two or more bills with arrears during the preceding twelve months.