Deposit required by HydroOttawa

new2ottawa

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2005-03-22
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Got my first hydro bill. $480 is required as deposit. Is this way too much? Is it almost one year's hydro expense?
 
Not realy too much. They will ask for 6 monthes hydro expense as deposit.
 
I was asked for $200 on my first hydro bill. They will credit back with interest after one year.
 
I thought it's only for one month. $80 per month sounds reasonable.

Good for you, Romanoffi. Guess the interest rate is not as good as mortgage's. :bad:
 
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