COMMERCIAL

Becoming a Commercial/Industrial Member

Pennyrile Electric is a cooperative, providing electric service to its members.  Anyone desiring service is required to become a member of the cooperative.  Before service can be given, the following charges must be paid.

• Membership Fee – $15.00

  This fee may be applied to your final bill when service is no longer desired.  If you relocate within the Pennyrile service area, this fee is transferable.  (One membership will cover multiple accounts.)

• Connection Fee – $35.00

  This fee is not transferable or refundable.

• Deposit

  The amount of deposit required on commercial and industrial accounts is based on the previous occupants’ total bill, or if a new service, the total bill is estimated. The amount of deposit required is two (2) times the highest total bill on commercial and industrial accounts. The amount of deposit required will be reviewed annually, and may be adjusted to correspond with the previous twelve (12) month’s usage.

  The deposit can be satisfied by any of the following:

  1. Cash (under $25,000)
  2. Guaranteed bond of indemnity
  3. Letter of credit, guaranteeing amount of deposit, from reputable financial institution

Click here to print a list of the requirements to begin your new service.

To learn more about becoming a member, contact your district office or email us.