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Kentucky bonds

Kentucky — Louisville Gas And Electric Company Utility Deposit Bond

Apply for a Louisville Gas and Electric Company deposit bond when it matches the security requested for your Kentucky utility account. Confirm the customer, services and required amount first.

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Recorded state
Kentucky
Category
Utilities

What this bond does

This offering concerns the account-payment security described in the utility's accepted bond form, not an energy supplier's licence or performance obligation.

Who needs it
Louisville Gas and Electric Company customers arranging requested utility deposit bonds.
Who it protects
The utility recipient receives security for the stated customer obligation. The bond does not insure gas appliances, electrical equipment or energy prices.

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

The company name includes gas and electric, but the bond request determines the actual service accounts to secure. If your notice lists only one account, do not assume another service or location is automatically included.

There is one application option with no fixed amount or term selections. Have the utility's accepted form, account-specific security amount and required effective date ready. Purchase Now opens Propeller in a new tab.

After the provider issues the bond, check the full recipient and account details before delivery to the utility. Confirm its acceptance and complete service arrangements separately; applying does not restore service or refund an existing deposit.

Sources

Have these ready

  1. Louisville Gas and Electric Company's written request and required form.
  2. Legal customer, covered gas/electric accounts and service addresses.
  3. Final security amount, effective date and delivery instructions.

Questions about this bond

Does one bond automatically secure gas and electric?

Use the accounts and obligations the utility specifies in its request and accepted form. The company name alone does not establish combined coverage.

Is this the same as a supplier's bond?

No. This offering concerns a utility customer account. A supplier licence or supply-performance request involves a different role.

Can I use the deposit amount from another Kentucky utility?

Use this company's amount for your account. Location in the same state does not make another utility's calculation applicable.

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