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Bond types · Bond type

Utility Deposit Bond

A deposit bond can secure a customer’s payment obligation to a named utility.

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305 bonds · page 1 of 6

Purpose

A deposit bond can secure a customer’s payment obligation to a named utility. A form may secure payment of a utility account, a supplier’s duties, or obligations under an infrastructure agreement.

Who needs it

Utility customers, energy intermediaries, suppliers, and businesses using utility infrastructure.

Who it protects

A deposit bond does not insure against outages or guarantee energy prices. A supplier bond is not interchangeable with customer payment security.

Category

Utility Deposit Bond bonds (1–60)

Before you buy

  1. Bring the utility’s deposit request and service account information.
  2. Bring the service-account request, license requirement, or infrastructure agreement.
  3. Identify the customer, supplier, or attachment operator named as applicant.

Common questions

Does the utility accept a bond for this account and required security?

Bring the utility’s deposit request and service account information. Compare that information with the exact capacity, activity and obligee named in the written request. Similar catalog labels do not establish an interchangeable form.

Is a type guide the bond I should purchase?

A type guide explains the activity. Choose a jurisdiction-associated parent listing and compare its actual source options with your written requirement; the type page is not a purchasable form.

Recorded states

All 40 states

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