The full explanation
In Arizona, the letter can come from a government or nonprofit entity. In Florida, a guarantor who is a customer of the utility with a good payment record can establish your credit.
An example
Sofía moves to Texas and has no history with any electricity provider. Her provider, the affiliated one in her area, offers a letter of guarantee. Her sister, a customer of the same provider, signs it, and Sofía does not have to pay the cash deposit.
You will see it in…
- The electric service application when you are asked for a deposit
- The guarantee agreement your guarantor signs
- Notices to the guarantor if the customer does not pay
