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Georgia
Utility Deposit Bond

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Coverage Amount: $1 - $1,000,000
Term Length: Varies
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Georgia Utility Deposit Bond Overview

  • Purpose: To guarantee payment for utility services
  • Who Needs It: Certain high volume utilities customers in Georgia
  • Bond Amount: Determined by the utility company based on usage 
  • Minimum Price: Typically 1% of the bond amount

What Is a Georgia Utility Deposit Bond?

Some Georgia utility companies require customers to file surety bonds in lieu of cash deposits before starting utility services. Georgia utility deposit bonds are a financial security to ensure that customers pay their bills in full and on time.

Who Needs a Utility Deposit Bond?

In Georgia, the following utilities companies may require or allow users to have a surety bond: 

  • City of Monroe Utilities
  • Diverse Power Incorporated
  • Georgia Power Utilities
  • Greystone Power Corporation
  • Jackson Electric 
  • Marietta Board of Lights & Water
  • North Georgia Electric Membership Corporation For Electrical Service
  • Snapping Shoals EMC
  • Walton Electric
  • Central Georgia Utilities
  • City of Acworth Power and Sanitation
  • City of Albany Utilities
  • City of Cartersville Utilities
  • Amicalola Electric Membership Corporation
  • City of East Point Utilities
  • City of Monroe Utilities
  • Contract-Specific Central Georgia Utilities
  • Cobb County Water System
  • Dalton Utilities
  • Macon Water

Georgia utility bond amount requirements are determined case by case. Verify your bond coverage with your utility company before applying. 

If you need a utility bond not listed here, please call 1 (800) 308-4358 for assistance. 

How Much Do Utility Bonds Cost?

Georgia utility deposit bonds typically cost 1–10% of the total bond amount based on personal credit score. For example, a qualified applicant could pay just $150 for a $15,000 utility bond. Get your free quote now.

Bond Type
$1,000-$100,000City of Monroe Utility Bond
$1,000-$100,000Diverse Power Incorporated Utility Bond
$1,000-$1,000,000Georgia Power Utility Bond
$1,000-$100,000Greystone Power Corporation Utility Bond
$1,000-$100,000Jackson Electric Utility Bond
$1,000-$100,000Marietta Board of Lights & Water Utility Bond
$1,000-$100,000North Georgia Electric Membership Corporation For Electrical Service Bond
$1,000-$100,000Snapping Shoals EMC Utility Bond
$1,000-$100,000Walton Electric Utility Bond
$1,000-$100,000Central Georgia Utility Bond
$1,000-$100,000City of Acworth Power and Sanitation Utility Bond
$100-$25,000City of Albany Utility Deposit Bond
$1-$100,000City of Cartersville Utility Bond
$100-$100,000Amicalola Electric Membership Corporation Utility Deposit Bond
$100-$50,000City of East Point Utility Deposit Bond
$25,000City of Monroe Utility Maintenance Bond
$1,000-$100,000Contract-Specific Central Georgia Utility Bond
$1,000-$100,000Cobb County Water System Account Bond
$1-$1,000Dalton Utilities Bond
$1,000-$100,000Macon Water Utility Bond

SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees. 

How Does a Georgia Utility Deposit Bond Work? 

A utility deposit bond creates a legally-binding contract between a principal (you), obligee and surety provider (us).

Utility Bond Contract

Bond PartyDescription
1) PrincipalThe utilities customer filing the bond
2) ObligeeThe utility company requiring the bond
3) SuretyThe issuing surety provider

If you fall behind on payments, the bond protects the utility company from loss up to the full bond amount. In turn, you must reimburse the surety for all claims paid out.

Georgia Utility Deposit Bond Overview Purpose: To guarantee payment for utility services Who Needs It: Certain high volume utilities customers in Georgia Bond Amount: Determined by the utility company based on usage  Minimum Price: Typically 1% of the bond amount

How Do I Get a Bond?

We make the utility bond application process quick and easy. Follow these three steps to get bonded: 

  1. Apply: Fill out a quick application form. 
  2. Quote: Receive your free quote within one business day. 
  3. Pay: Complete the purchase online or over the phone. 

We’ll typically email you the bond unless the utility provider requires the original, physical bond form. Remember to file the bond with the company as instructed.

How Do I Renew My Bond?

If you need to renew your utility bond for another year, we’ll send you reminders in advance. Make sure the coverage amount is still correct. If so, simply pay the renewal invoice to extend coverage for another term. 

If you need to update your bond amount, contact us at [email protected] with the new information.

Can I Make Changes to My Bond?

If you need to update information on your current bond form, like the amount or a name, email your surety provider. You can reach us at [email protected] with the request. Please confirm if your utilities provider will accept a bond rider document.

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