How much does a utility bond cost in Arkansas?
Utility companies in Arkansas, (such as Entergy Arkansas, Inc.) can require clients to be bonded to ensure payment of future utility bills. Your exact bond amount will be determined by the utility company based on the amount of energy consumed within a given period. The bond’s cost can also vary as rates are subject to underwriting.
Our utility bond experts can calculate your exact bond cost quickly and easily. Simply give us a call at 1 (800) 308-4358, or request your free surety bond quote now.
|Bond Type||Bond Amount||Cost by Credit Score*|
|680 and up||679 - 600||599 or lower|
|Entergy Arkansas, Inc. Utility Bond||Varies||2-5%||6-15%||15-25%||Apply Now|
Request your free, personalized bond quote online now, or call 1 (800) 308-4358 to speak with an expert surety specialist.
Why do I need this bond?
Utility bonds guarantee that the principal (the utility consumer) will promptly pay all utility bills. If the principal does not make payments on time or does not pay their total account balance, this bond can be used to protect the utility company (such as Entergy Arkansas, Inc.) from financial loss.
Entergy Arkansas, Inc. Utility Bond
The principal’s Entergy account number must be listed on the bond form. The name on the entergy account and the bond form must match exactly.
If the principal fails to pay Entergy, electric services can be terminated.
This bond will remain in full effect unless canceled by the surety. For cancellation, the surety must mail a written cancellation notice to Entergy Arkansas, Inc., 60 days prior to the cancellation date.
What do I need to do first?
Before contacting our bond experts at SuretyBonds.com, you must have the bond form required by Entergy Arkansas, Inc. If the utility company does not provide a bond form, you must know if they will allow us to post your bond on a generic license and permit bond form.
If you have any questions about the bonding process, give us a call at 1 (800) 308-4358. Our experts can answer any questions you might have and help you get bonded quickly. Apply for your free bond quote now!
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