I called Met-Ed a month ago to set up electric (transfer out of landlord's name and into mine). They wanted a security deposit of $188 OR a cosigner who had lived in my area with an account in good standing for at least 3-5 years. Really? It gets better...They mailed me out a cosigner (they call it a 'guarantor') statement to sign and send back.
This month I called because it dawned on me I have good credit, why am I paying a security deposit?? I called and asked if we should maybe 'run' my fiance even though my credit is fine? To which a guy on the other end of the phone was probably looking to find his scripted response which was:
"The security deposit has nothing to do with credit. The security deposit is based on past electricity usage at your address, it is 2 1/2 times the normal bill. It must be paid in full, but we will refund it if you re-send the guarantor statement"
So I hung up, mulled it over, and called back and talked to another person because I really didn't believe you could hit someone with a security deposit based on the address you're moving to. WRONG. She verified the security deposit is based upon the address I have moved to, but assured me it had nothing to do with whether or not the previous tenant was delinquent on their bills or not.
I asked her HOW they could come up with a security deposit based upon previous electricity usage if I had JUST MOVED IN. She said it was based on the history of usage at that address, not my personal usage. WHAT??????? I asked her so if the people who lived here before used $500 worth of electricity per month, I would have to pay them $1250 just to have electric in my name?? (Yup). Just because I moved there?
Not because of a credit score? Also, I've never had Met-Ed in my life, we had PP&L where we used to live and we never dealt with security deposits--so it's not like I've ever even HAD a Met-Ed bill before. I asked her if they ever waive the security deposit, and she said only people with excellent excellent (yes she said it twice) credit--as in 770 or higher AND they have to request it.
My credit's a 690, not bad, but certainly not 'excellent excellent'. But apparently the credit is BESIDES the point and now you just have to pay the electric company a security deposit just because of the address you choose to move to. By the way, I moved to a normal house on a normal street in an incredibly small town. Is this housing profiling lol? REALLY???? Is this legal????