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Financial Assistance

The City offers several options for financing the cost of connecting to the
utility system.

Financing terms are:

  • 5.39% simple interest
  • No prepayment penalty
  • 60 months (5yrs.) water only service
  • 90 months (7 ½ yrs) sewer only service
  • 120 months (10yrs) water & sewer service

What do I need to qualify for financing?

Instructions for completing the Installment Payment Agreement

  • Complete Page 1 (name, address, legal description, etc.)
  • Page 2 Amount Charged (Customer Service will enter from application for service)
  • Initial each page and sign last page as indicated

Other Loan Information

  • There is a $2.00 monthly handling charge.
  • Meter installation fee and deposit(s) are required upfront and are not included in the loan.
  • A separate statement/bill will be mailed to you on/around the 1st of each month.
  • A lien will be recorded with Brevard County (if property sold, loan must be paid off).
  • Cash, check or credit cards are accepted.
  • Payments can be submitted in person at City Hall, 120 Malabar Road, S.E. or you can mail your payment to:  Palm Bay Utilities, 120 Malabar Road, S.E., Palm Bay, FL  32907.

For more information, please e-mail Customer Service or call their office at (321) 952-3420 or 1-800-952-3420.

Are other financing options available?
Yes, the Economic and Neighborhood Development Division offers the Utility Hook-Up Assistance Program for those who qualify. Financial assistance is available on a first-come, first-served basis, however funds are limited.  Homeowners must submit a warranty deed, copy of current homeowner insurance policy, property tax receipt, pay stub(s) and other financial information.  To learn more about this program, please contact the Housing and Neighborhood Development Division at 5240 Babock St., N.E., Suite 212, Palm Bay, FL  32905.  You may call their office at (321) 952-3429.

 

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