Tennessee Utility Deposit Bonds

Utility deposit guarantee surety bonds, also known as Utility deposit bonds, are a financial guarantee to pay for utility services such as electricity, gas, and/or water in the event that the business or individual defaults to the utility company.

Utility deposit bonds are typically used in place of an actual cash deposit. Many businesses post a deposit with the utility company, unaware that they can posta bond a for a small percentage of the deposit amount. Keep your hard-earned money in your pocket and post a Utility Deposit bond for a small percentage of the amount today!

Unlike commercial surety bonds that protect the public, utility bonds protect the utility company by ensuring payment in the event of default by the business owner.

What does a Tennesse Utility Deposit Bond cost?

Rates vary depending upon the applicant’s personal credit history and the utility company’s requirements. Qualifying accounts can expect to pay between 2%-5% of the bond amount annually. The best way to get an accurate rate quote is to complete our online bond application so we can provide you with a free, no obligation, surety bond quote.

Can I still get a Tennessee Utility Deposit Bond with Bad Credit?

Since credit is a large part of the underwriting process for most surety bonds, it can be a big concern for those with credit issues when applying for a surety bond. Not to worry! A1SuretyBonds.com has partnered with only the premier surety companies to offer Bad Credit Surety Bonds to those who suffer from credit issues or whose credit is on the mend. Although the premium will be higher due to a lower credit score, we can still get you the bond you need for your situation at the guaranteed lowest rate available.

What you need to know about Utility Deposit Bonds

A1SuretyBonds.com has provided a list of all known utility deposit guarantee bonds through our online application system. Our online application allows you to provide the required information in order to apply for a utility deposit bond on your schedule. Most bonds are approved and issued within the same day the application is completed.

Find your specific utility company below and apply for your surety bond today. If you dont see the specific utility company, you can use our generic Utility Deposit Bond application.

 

Utility Bond Apply
Chattanooga Electric Power Board Utility Deposit Bond  Apply for a Chattanooga Electric Power Board Utility Deposit Bond
City of Oak Ridge Utility Deposit Bond  Apply for a City of Oak Ridge Utility Deposit Bond
Clarksville Department of Electricity Utility Deposit Bond  Apply for a Clarksville Dept of Electricity Deposit Bond
Columbia Power & Water Systems Utility Deposit Bond  Apply for a Columbia Power & Water Deposit Bond
EPB Electric Power Utility Deposit Bond  Apply for an EPB Utility Deposit Bond
Gallatin Department of Electricity Utility Deposit Bond  Apply for a Gallatin Dept of Electricity Deposit Bond
Knoxville Utilities Board Utility Deposit Bond  Apply for a Knoxville Utilities Board Deposit Bond
Lenoir City Utilities Board Utility Deposit Bond  Apply for a Lenoir City Utilities Board Deposit Bond
Memphis Light, Gas and Water Division Utility Deposit Bond  Apply for a Memphis Light Gas and Water Utility Bond
Middle Tennessee Electric (MTEMC) Utility Deposit Bond   Apply for a MTEMC Utility Bond
Murfreesboro Electric Utility Deposit Bond Apply for a Murfreesboro Electric Utility Bond
Nashville Electric Services Utility Deposit Bond  Apply for a NES Utility Deposit Bond
Pickwick Electric Cooperative Utility Deposit Bond  Apply for a Pickwick Electric Cooperative Utility Bond
Piedmont Gas Utility Deposit Bond  Apply for a Piedmont Gas Deposit Bond
Sevier County Electric System Utility Deposit Bond Apply for a Sevier County Electric Utility Deposit Bond
Tullahoma Utilities Board Utility Deposit Bond  Apply for a Tullahoma Utilities Board Bond
Volunteer Energy Cooperative Utility Deposit Bond Apply for a Volunteer Energy Cooperative Utility Bond
Duck River Electric Membership Corporation (DREMC) Utility Deposit Bond Apply for a DRMC Utility Bond
City of Cookeville Electric Department Utility Deposit Bond  Apply for a City of Cookeville Electric Deposit Bond
Clinton Utilities Board Utility Deposit Bond  Apply for a Clinton Utilities Board Utility Bond
Coffman Oil Company Utility Deposit Bond Apply for a Coffman Oil Company Utility Bond
Jackson Energy Authority Utility Deposit Bond  Apply for a Jackson Energy Authority Utility Bond
Johnson City Power Board Utility Deposit Bond  Johnson City Power Board Utility Bond