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PenLight's COVID Member Assistance Recovery Response
2020-04 Resolution Approving Expansion and Extension of Member Assistance Program (SIGNED)

Prepay: What happens to my debt?

Posted on April 14, 2016June 15, 2017 by Charlie Stanley

When you establish your prepay account, your total debt is set aside to allow you to continue service and avoid a deposit.  With every payment made, 25% is allocated toward paying off your debt until it is paid in full.

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  • About
    • PenLight History
    • The Seven Cooperative Principles
    • Service Territory
    • Jobs
    • Benefits of Working for PenLight
    • Bylaws and Policies
    • Voices for Cooperative Power
    • Board of Directors
    • Rate Schedule
    • Rate Schedule Classifications
    • Heating Degree Days
    • Meter Upgrade Project
  • Account & Member Services
    • Apply New Service
    • Membership Application
    • Member Services Fee Schedule
    • Payment Options
    • Discounts
    • Update Account
    • Project Help
    • Move Out / Disconnect Service
    • Letter of Credit
    • Proof of Residency Request
    • Frequently Asked Questions
  • Power Outages
    • Outage Map
    • Outage Updates & Reporting
    • Power Restoration Process
    • Power Outages- Life support
    • What to do During a Power Interruption
    • Power Outage Safety
    • Downed Power Lines
    • Emergency Preparedness
    • Surges and Surge Protection
    • Grounding
    • Point-of-Use Surge Suppressors
  • Energy Services
    • Energy Efficiency Incentive Programs
    • Energy Efficiency
    • Electric Vehicles
    • Power Resources
    • Net Metering and Renewable Credit
    • Solar Energy
    • Harvest Wind
    • Renewable Option Program
    • Electrical Safety
  • Engineering
    • New Construction Hook-ups
    • Altered Services
    • Easement Information
    • Mobile Home Hook-ups
    • Meter Standards
    • Power Reliability
    • Vegetation
  • Water Services
    • Water Quality Reports
  • Contact
  • FAQs
  • Jobs
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