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Kansas bonds

Kansas — Midwest Energy, Inc. KS Utility Deposit Bond

A Midwest Energy deposit request belongs to a specific service account. If you are arranging a utility deposit bond for that account, use the utility’s amount and customer name when applying. Purchase Now below opens The Southern Agency’s Midwest Energy bond option.

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Recorded state
Kansas
Category
Utilities

What this bond does

The bond provides payment security for the utility obligation in the issued form. Midwest Energy’s electric-service regulations allow the company to accept a surety bond for a nonresidential customer in place of a cash security deposit.

Who needs it
A Midwest Energy customer arranging the bond security requested for its Kansas account, especially a nonresidential applicant using the alternative described in the utility’s electric-service rules.
Who it protects
The security addresses Midwest Energy’s exposure to unpaid utility bills. It does not pay your routine bills for you or insure your business against an interruption of service.

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.

A bond and a cash deposit have different terms

Section 3A(6)(c) says Midwest Energy may accept a surety bond, irrevocable letter of credit or other written guarantee for nonresidential customers. That is an account-security choice, not a promise that every customer can replace a deposit with any bond.

Ask Midwest Energy for the bond wording and recipient name it accepts. The security must identify your customer account, covered service and required amount. If you have already paid a deposit, arrange its release with the utility separately.

Use Midwest Energy’s account calculation

The electric-service rules distinguish residential and small nonresidential accounts from other nonresidential customers. The ordinary calculation uses projected average two-month bills for the first group and projected largest two-month bills for the second, with a $150 minimum. The rules also describe an additional amount in documented tampering cases.

Ask for the final amount assigned to your account rather than calculating a bond from an unrelated customer’s bill. For a new location, keep service type, expected usage and requested start date available. The electric-service calculation should not be applied to a gas-only account without account-specific instructions.

Apply for the customer shown on the utility account

Purchase Now opens Propeller's application in a new tab. This page has one application option, without preset amounts or terms. Enter the legal customer name, service address and account reference from Midwest Energy's request.

After the provider issues the bond, send it to the recipient in Midwest Energy's instructions and retain the acceptance record. Confirm service activation with the utility separately. Continue paying bills on time: Section 3E states that security does not waive payment or disconnection rules.

Sources

Have these ready

  1. Midwest Energy’s deposit or security notice and its final required amount.
  2. The legal account holder, service address, customer number, and type of service.
  3. The requested bond form, named recipient, effective date, and security submission instructions.
  4. Expected usage for a new service location and the information requested in the provider application.

Questions about this bond

Can a Midwest Energy business customer use a bond instead of cash?

The electric-service regulations say the company may accept a surety bond for nonresidential customers. Apply using the bond instructions supplied for your account.

What if I am opening a new location?

Have the service address, expected usage and requested start date ready. Midwest Energy supplies the final account calculation; do not copy the bond amount from an existing location.

Does posting security excuse a late utility bill?

No. Midwest Energy’s rules expressly keep the customer’s payment obligations and disconnection provisions in place despite a deposit or guarantee.

Can I use the electric rules to set security for natural gas?

Use the instructions for the actual service account. The cited Section 3 is an electric-service schedule; a gas account should not be assigned its amount by assumption.

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