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icons8-phone-24.png(940) 759-2211   icons8-marker-24.png11799 W. U.S. Highway 82 Muenster, TX 76252

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PenTex Energy's lobby is currently open to the public. 940-759-2211 | info@pentex.comCovid-19 Updates

Fees & Deposits

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  2. Fees & Deposits

$25.00 connect fee per meter

New Applicants must pay a deposit for residential service if:

You’re applying for new service and the soft credit check determined deposit is required.

View our Risk Based Pricing Notice.

Past or present PenTex members must pay a deposit for residential service if:

  • You’ve been late paying your electric bill more than twice within the past 12 months; or

  • Your electric service has been discontinued due to non-payment.

  • Left outstanding unpaid balance

Should you have any questions, please feel free to contact our office at (940) 759-2211.

Deposits

Residential Security Deposit Requirements

If required, the deposit for a meter set at a location where a previous history is available – (90% of two months average bills at established location or a minimum of $250.00).
If history is not available at location:

Residence

Deposit

Mobile Home

$250

House

$250

Deposits accrue interest at the rate set by the PenTex’s Board of Directors and will be paid to you annually or when the deposit is returned or credited to your account.
Deposits, plus accrued interest, will be returned in (12) twelve months if service has not been disconnected and not more than (2) two late payments in the last (12) twelve months. Deposits will be refunded or applied to an outstanding indebtedness upon termination of service.

Should you have any questions, please feel free to contact our office at (940) 759-2211.

General Service Security Deposit Requirements

Deposit for Oil Wells – The lesser of $50 per connected horsepower or one-sixth (1/6) estimated annual billing.
All other commercial accounts require deposit equal to one-sixth (1/6) of the estimated annual billing rounded down to the nearest $5.00 increments, not less than $250.00.
Deposits, plus accrued interest, will be returned in (24) twenty-four months if service has not been disconnected and not more than (2) two late payments in the last (12) twelve months. Deposits will be refunded or applied to an outstanding indebtedness upon termination of service.
A security deposit will be required on all new commercial accounts, unless a company has an established account with PenTex in the same name for at least 24 months, with no more than two (2) delinquents during the past 12 months.

Should you have any questions, please feel free to contact our office at (940) 759-2211.

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Contact Info

Address
11799 W. U.S. Hwy 82. Muenster, TX 76252

Phone
(940) 759-2211

Business Hours:
M-F 8AM - 5PM

 

About Us

PenTex Energy is a member-owned, non-profit electric cooperative that provides its members with proven reliable electric service at the lowest price possible. Originating on June 7, 1938, with 98 members, PenTex Energy now serves over 10,000 members in Cooke, Montague, Grayson, Wise and Denton counties. Learn More

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©2021 PenTex Energy. All Rights Reserved.

  • About
    • About PenTex
    • Contact Us
    • Our History
    • Meet Our Leadership
  • Service & Billing
    • Member Portal/Pay Your Bill
    • How to Apply to PenTex
    • Fees & Deposits
    • Paying Your Electric Bill
    • PenTex FlexPay
  • Member Services
    • Co-op Connections
    • Payment Plans
    • Efficiency, Safety & Conservation
    • Distributed Generation
    • COVID-19 UPDATE
    • Touchstone Energy Savings
  • Community
    • Scholarship Information
    • Youth Tour Information
    • Charitable Foundation
  • Forms
    • General Forms
    • Commercial/General Service Application
    • Residential Service Application