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South Carolina bonds

South Carolina — Duke Energy Progress LLC Utility Deposit Bond

Prepare Duke Energy Progress LLC deposit security from the request for your South Carolina account. Match the Progress recipient, legal customer and required amount before applying.

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Recorded state
South Carolina
Category
Utilities

What this bond does

The offering concerns customer-account payment security under the accepted utility bond.

Who needs it
Customers asked to arrange deposit security matching this Duke Energy Progress LLC offering.
Who it protects
The recipient in the accepted form receives security for the stated account duties. The customer continues paying service bills.

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

Use Duke Energy Progress LLC's full recipient wording rather than the Duke Energy brand alone. A request or calculation from another Duke utility does not establish the correct form or amount for this account. Keep the current notice and covered accounts together.

One application option is available without preset amounts or terms. Prepare the required amount, accepted form and effective date. Purchase Now opens Propeller in a new tab. After issuance, review and deliver the document as instructed. Utility acceptance, service activation and release of existing security remain separate.

Sources

Have these ready

  1. Current Progress account-security notice and accepted form.
  2. Legal customer, South Carolina service address and covered accounts.
  3. Required amount, effective date and submission directions.

Questions about this bond

Is Duke Energy branding enough to select the form?

Match the full Duke Energy Progress LLC recipient and accepted request wording.

Can another Duke utility's deposit calculation be used?

Use the amount requested for the actual Progress account, not an affiliate's calculation.

Does applying restore service?

No. Complete issuance and utility acceptance, then address service requirements directly with the utility.

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