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Tennessee bonds

Lewisburg Electric System, TN — Utility Deposit Bond

Prepare Lewisburg Electric System deposit security using the request for your Tennessee electric account. Have the legal customer and final account-security amount ready.

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Recorded state
Tennessee
Category
Utilities

What this bond does

The offering concerns a customer's payment obligation under the utility's accepted bond.

Who needs it
Lewisburg Electric System customers directed to arrange utility deposit-bond security.
Who it protects
The named utility receives security for the stated account duties. The customer remains responsible for electric bills; this is not outage or equipment insurance.

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

Identify the account this notice concerns, including a new premises or change of customer if applicable. Use Lewisburg Electric System's accepted recipient wording rather than substituting a municipality from the service address.

One application is offered without fixed amount or term choices. Prepare the utility's amount, accepted form and effective date. Purchase Now opens Propeller in a new tab. After issuance, check and deliver the document as instructed; utility acceptance and power activation are separate from applying.

Sources

Have these ready

  1. Utility's written security request and accepted form.
  2. Legal customer, Tennessee service address and account reference.
  3. Required amount, effective date and submission instructions.

Questions about this bond

Can the property owner's name replace the customer?

Use the legal customer the utility asks to secure the account, even when someone else owns the premises.

Does this insure my electric equipment?

No. The bond concerns the account obligation owed to the utility, not damage to the customer's equipment.

Can I assume an old account's security covers new premises?

Have Lewisburg Electric System confirm the required account scope and amount before applying.

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