Landlord -power company agreements.Do you use them?

[Joel Owens]

Here I can for my apartment buildings get a landlord power agreement where if a tenant is leaving it is transferred into my corporations name.

At first glance this sounded appealing.Then I found out reasons to not do it.

1.Some tenants will say they are moving and then have power transferred into landlords name.Then landlord gets hit with 1 to 2 months worth of power bills.

2.While evicting or for other reasons if power is transferred into the landlords name and landlord finds out and has the power turned off the power representative was telling me the tenant can say the landlord cut off the power and it will be turned back on according to the law.

For all these reasons I decided not to have the landlord power company agreement.Instead each time I get power on in my name or companies name I pay a 30 dollar fee with the agreement.I figure I come out way ahead this way while I am rehabbing a unit.In some buildings I am rehabbing multiple units.So I just pay to get one vacant unit turned on and run and extension cord to work on the others.

This way I save from paying multiple fees.

I can use an outside plug at a tenants instead of paying for one unit to power on but the existing tenants have complained running the tools makes their power bill go up.

So to avoid drama I just do it this way.

Just wondering what others did ?