A security deposit is required for all services and due immediately to receive electricity. Deposits for apartment occupants are $100 to $150, for new constructed services $200 to $300, and all other deposits are calculated as two-times the average bill, as determined by the Cooperative. The deposit will be returned to the applicant after 12 months of continuous good credit with the cooperative. Deposits may be waived if the applicant signs up for bank draft withdrawal through Nodak’s Automatic Payment Plan, upon receipt of a satisfactory credit report, has a 12-month favorable credit reference from applicant’s current power supplier, or has an existing account in good standing.