8. What is the purpose of Bill Deposit?
The purpose of your Bill Deposit is to guarantee the payment of your monthly bill. After one year and every year thereafter whenever the actual average monthly bills are more or less than ten (10) percent of the initial bill deposit, such deposit shall be correspondingly increased/decreased to approximate said billing. It shall bear an interest rate per annum, which will be applied to your account. The amount is refunded upon your request and once the meter is retired.