Utilipay® Deposit Recovery service helps customers recover funds held as security deposits by utility companies. Security deposits are often required before utilities will begin servicing a new account. Deposits can be held for years, long after the customer has established a consistent payment history. Utilipay® can often recover these funds, rather than collecting interest for the utility.

Utilipay® deposit recovery team meticulously reviews customer utility accounts to identify any outstanding deposits. Once deposits are verified, requests for refunds or deposit reductions are made on your behalf.

  • Reduce or eliminate security deposits
  • Maintain an accurate register of outstanding deposits
  • Free up capital for other uses