You may need to pay a security deposit to start electrical service at your home or business. Some reasons that we may require you to pay a security deposit include: You have no credit history with BC Hydro. An Equifax check shows a deposit is required.

How long does BC Hydro hold your deposit?

one year BC Hydro will return your security deposit to you once you have maintained an account and paid every amount due on time for one year from the date the deposit was received.

How do I pay BC Hydro security deposit?

Most banks offer online banking and bill payment services. Visit your banks website and select BC Hydro as a payee. You can also pay in person at your local branch.

Does BC Hydro do a credit check?

You have no credit history with BC Hydro. We cannot conduct an Equifax credit check. An Equifax check shows a deposit is required.

How do I get my deposit back from BC Hydro?

If you have a smart meter, you may be able to request a reconnection without speaking to an agent. Once youve paid the total amount owing, log in to your MyHydro account or call us at 1 800 BCHYDRO (1 800 224 9376) to report your payment.

Does CRA show on credit report?

Generally speaking, owing money to the Canada Revenue Agency (CRA) is not reflected in your credit score or report. However, if the CRA has issues collecting your tax debt, they may escalate their actions. This activity could have negative impacts on your credit score. Lets take a deeper look below.

How long does it take for bad credit to clear in Canada?

6 years In general, negative information stays in your credit report for 6 years. However, some information may remain for a shorter or longer period of time. Negative information can include: missed payments on a debt.

Can you go to jail for not paying debt in Canada?

No, you wont be arrested or go to jail for not paying your credit card debt. In Canada, not paying your creditors is not cause for arrest or imprisonment.