Chattanooga Electric Power Board (EPB), TN — Utility Deposit Bond
Arranging deposit security for an EPB electric account in Chattanooga? Use EPB’s account-specific bond request rather than a residential deposit figure found elsewhere. Purchase Now below opens The Southern Agency’s Chattanooga Electric Power Board Utility Deposit Bond option.
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- Recorded state
- Tennessee
- Category
- Utilities
What this bond does
The utility deposit bond provides the payment security described in the requested instrument for the EPB account. EPB’s electric rules allow a reasonable deposit and distinguish residential from nonresidential calculations.
- Who needs it
- The EPB customer named in a request for bond security, including a business arranging security for its electric service account. Match the electric account holder, service location and requested form.
- Who it protects
- The named utility’s payment exposure is the relevant interest. The bond is not insurance against a power interruption, equipment damage or your business’s inability to pay its normal electric bills.
Your bond option
This is the option on record for this bond.
- Bond optionPurchase Now (opens in a new tab)Continue to our secure checkout partner, Propeller (opens in a new tab).
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.
Sources
- EPB — Schedule of Electric Rules and Regulations (opens in a new tab)Checked October 19, 2026
Have these ready
- EPB’s written security request and required bond form or wording.
- The legal electric account holder, account number and Chattanooga-area service address.
- EPB’s final required amount, account classification and desired effective date.
- Projected usage or load changes where requested, plus instructions for delivering the bond.
Questions about this bond
Can I use a residential deposit example for my business bond?
Use EPB’s amount for the actual account. Its rules distinguish residential class-average security from a nonresidential calculation based on the customer’s highest projected monthly bill.
Does EPB use one fixed nonresidential security amount?
Its published electric rules set a ceiling of twice the highest projected monthly bill, as determined by EPB. The final request for your account supplies the amount to enter.
Will the bond pay my monthly electric bills?
You remain responsible for the bills. The bond provides the security described in the issued form, not a prepaid balance or business-income insurance.
Will purchasing this schedule my power connection?
No. Complete the security submission and coordinate connection and other service requirements with EPB. The purchase action begins the bond application.