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Tennessee bonds

Tennessee — Middle Tennessee Electric Utility Deposit Bond

Prepare a Middle Tennessee Electric utility deposit bond for the account named in your security request. Have the account holder and service locations clear before continuing to the application.

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Recorded state
Tennessee
Category
Utilities

What this bond does

This bond addresses the electric customer's payment-security obligation under a form Middle Tennessee Electric accepts for that account.

Who needs it
Middle Tennessee Electric customers responding to a request for utility deposit bond security.
Who it protects
The named electric utility receives security under the bond's terms. Routine bills and service responsibilities remain with the customer.

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

A request for one business location should not be treated as security for every meter the business operates. Identify the accounts, addresses and legal customer that Middle Tennessee Electric wants named.

The single application here has no preset amount or term choices. Use the utility's written amount and effective date, including any change it requests for a new account or revised security.

Purchase Now opens the Propeller application in a new tab. The provider must issue the bond before you deliver it to the utility for acceptance. Arrange membership, meter work or service activation with the utility separately as applicable.

Sources

Have these ready

  1. Middle Tennessee Electric's written deposit-bond request and accepted wording.
  2. Legal customer and each account or service address to be secured.
  3. Requested security amount, effective date and submission instructions.

Questions about this bond

Will one bond cover every location my business operates?

Only rely on the accounts and locations included in the utility's accepted form. Ask Middle Tennessee Electric to clarify a request that does not identify them.

Can I select a standard amount here?

There is no fixed amount selection on this page. Obtain the account-specific security amount from the utility before completing the application.

Does the bond guarantee uninterrupted electric service?

No. It concerns account-payment security. Acceptance of the bond and continued compliance with service requirements are separate matters.

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