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California bonds

California — Pacific Gas And Electric Company (PGE) Utility Deposit Bond

Prepare Pacific Gas and Electric Company deposit security with the customer and accounts in its request. Match the full recipient name rather than selecting a utility by PGE initials alone.

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Recorded state
California
Category
Utilities

What this bond does

The offering concerns customer-account payment security under the accepted utility bond.

Who needs it
Customers asked to provide deposit-bond security matching this Pacific Gas and Electric Company offering.
Who it protects
The utility named in the accepted form receives security for the stated account duties. The customer remains responsible for service bills.

Your bond option

This is the option on record for this bond.

The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.

Details

Use the full Pacific Gas and Electric Company recipient wording in the actual notice. The company name does not establish that one bond secures both gas and electric accounts or every business location. Have the utility identify the services and accounts to include.

One application option is offered without preset amounts or terms. Prepare the required amount, accepted form and effective date. Purchase Now opens Propeller in a new tab. After issuance, check and submit the document as instructed. Utility acceptance, service activation and release of previous security remain separate.

Sources

Have these ready

  1. Utility's written security notice and full accepted recipient/form wording.
  2. Legal customer, service addresses and covered gas/electric account references as requested.
  3. Required amount, effective date and delivery instructions.

Questions about this bond

How do I avoid selecting the wrong PGE recipient?

Match the full Pacific Gas and Electric Company name in the actual request and accepted form, not initials or a similar utility name.

Are gas and electric automatically secured together?

Use the accounts and obligations the utility specifies. The company name does not establish combined coverage.

Will applying refund an existing deposit?

No. Have the utility confirm acceptance and explain any release or replacement process for existing security.

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