Updated almost 7 years ago on . Most recent reply
Electrical for Subdivision
When working with the local electric utility, how is the electric paid for when putting in a new subdivision? Is this usually a lump sum payment?
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Not sure there is a standard. Here in North Texas, developer can expect to pay a lump sum to have electricity installed. If you are big enough, you may be able to negotiate a better deal. Other franchise utilities are usually a little easier to work with. (example: you might frint the cost for gas, but then enter into an agreement with the gas company to earn money back as new houses come on line and use gas).