Tennessee — Meriwether Lewis Electric Cooperative (MLEC) Utility Deposit Bond
Have an MLEC electric-account security request? Prepare this Meriwether Lewis Electric Cooperative utility deposit bond using the cooperative's required amount and accepted wording, then start the application below.
Continue to our secure checkout partner, Propeller (opens in a new tab).
- Recorded state
- Tennessee
- Category
- Utilities
What this bond does
This is account-payment security for an MLEC customer. The handbook's reference to a suitable guarantee does not make every bond acceptable; use the cooperative's instruction for your electric account.
- Who needs it
- An MLEC electric customer asked to provide account security and directed by the cooperative to use a surety bond.
- Who it protects
- The bond secures the payment obligation to MLEC described in the accepted document. It does not insure your wiring or equipment, and you remain responsible for electric bills.
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
- 2025 Meriwether Lewis Electric Cooperative Member Handbook (opens in a new tab)Checked October 23, 2026
Have these ready
- MLEC's written security request and confirmation that a surety bond is acceptable.
- The electric account holder's legal name, service address and account reference.
- The cooperative's required security amount and effective date.
- Expected usage or proposed load changes, if MLEC requests them for the account.
Questions about this bond
How do I determine the security amount for MLEC?
The handbook allows MLEC to require a deposit or suitable guarantee, approximately twice the highest monthly bill. Use MLEC's final amount and confirmation that it accepts this bond for your account.
Does this bond also secure my broadband account?
Use the electric account and covered services identified in MLEC's bond request. Do not add broadband or another account merely because the cooperative provides both services.
Will the bond complete my membership and connect service?
The bond addresses payment security. Membership, a signed service application and any technical conditions remain part of MLEC's service process. Confirm connection with the cooperative after it accepts the issued bond.
Where does Purchase Now take me?
It opens Propeller's bond application in a new tab. Provide the electric customer's legal name, service address and MLEC security request. Applying is separate from issuance and the cooperative's acceptance.