HPP got lucky with Hell.Co, how about your area?

[StillHope]

I am wondering if anyone checked with the electric company from limbo on the status of your so called "deposit" on SSPP (pole connection).

On this forum I learned that the forum member from HPP got the deposit back.

So I got the info from the "horse's mouth".The horse was very nice, but the news are very bad for Seaview residents.

Here's what I learned:

1.The time frame for the deposit to be refunded - 15 years.

2.Helco needs to recover ALL the money they invested to issue a refund.
(Allegedly - I didn't read all the fine print on the agreement when signed it (no point - I didn't plan off-grid and no other companies,as you know...).

3.Seaview is on the last year of the agreement,400K left ($1.6 millions invested, 1.2 recovered).
And,quoting the "horse", there's no way that much can be recovered in a year.

Unlike years ago,many people now have to pay upfront IN FULL,and cash only to get connected. And in some cases it's up to $4K.

So what's the status in other subdivisions if you don't mind sharing?

___________________________
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just ask a question first.