South Carolina — Aiken Electric Cooperative, Inc. Utility Deposit Bond
Arrange an Aiken Electric Cooperative utility deposit bond for an accepted account-security request. The cooperative's rules expressly allow it to accept a surety bond instead of a commercial cash deposit.
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- Recorded state
- South Carolina
- Category
- Utilities
What this bond does
The bond provides security for the account-payment obligation described in Aiken Electric Cooperative's accepted form. It is a deposit-security instrument rather than payment of the monthly electric bill.
- Who needs it
- Aiken Electric Cooperative customers arranging a surety alternative that the cooperative accepts for their account's deposit requirement.
- Who it protects
- Aiken Electric Cooperative is the utility recipient. The issued document defines which account obligations are secured and the available amount.
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
- Aiken Electric Cooperative: service rules and regulations, deposits (opens in a new tab)Checked October 18, 2026
Have these ready
- Cooperative account holder and service address.
- Utility deposit calculation or written request.
- Accepted bond form and required amount.
- Account start date and delivery instructions.
Questions about this bond
Does the cooperative accept commercial surety security?
Its rules say it may accept a surety bond in lieu of a commercial security deposit.
How is a commercial deposit calculated?
The rules use the two highest consecutive bills, or two months' estimated usage without billing history.
Does the bond pay my ordinary electric bills?
No. Continue paying the account. The bond secures the obligations described in its terms.
Does this apply to another South Carolina utility?
No. This product identifies Aiken Electric Cooperative, Inc. Match any other utility's request separately.