Revert to Owner is an automatic transfer of the electric service at your Outer Banks rental property that is offered by Dominion Power. If you’re a Outer Banks Rental Property Owner, you can request the electric service to your property to be transferred to your name and continue without interruption when a tenant is moving out and another tenant is not set up to go in right away.
This eliminates the reconnection fee and also keeps your home with constant electric service so that your refrigerator will not mold and also so that your pipes will not freeze and burst in winter months. We can set the thermostat accordingly for the time of year it is as it is always better to show a house with the power on so that the prospect can turn on lights, etc.
The only time that the automatic transfer would not kick in would be if the power at the property was being shut off for non-payment.
Things to note:
- There will be a $27.69 Service Initiation Charge each time electric service is transferred into the Owner name. This is still cheaper than the reconnection fee.
- Dominion Power will send the Owner an Authorization Number to use when transacting business on the accounts covered by the Agreement.
- Owner will need to provide the Authorization or Agreement number to OBX Housing so that we can access your account and view activity to be sure new tenant as transfer electric once new lease term starts.
Additional information about Revert to Owner service can be viewed at www.dom.com or you can reach a representative of Dominion Power at 1-877- 366-7658 if you have questions or would like to enroll your Outer Banks rental property in this valuable program.