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Georgia Utility Deposit Bond

How much does a utility deposit bond cost in Georgia?

Some utility service providers in Georgia require customers to post surety bonds in lieu of cash deposits for utility services. Applicants should verify their required amount of bond coverage with their utility company prior to bonding.

These bonds are subject to underwriting consideration, so the price you’ll pay for your bond depends not only on your required bond amount but also on a review of your personal credit report. The best way to find out exactly how much you’ll pay is to request your free bond quote now!

Bond Type Bond Amount Cost by Credit Score*
680 and up 679 - 600 599 or lower
Jackson Electric Membership Corporation Utility Bond Varies Starts at 1% 5-10% 10%+ Apply Now
Snapping Shoals EMC Utility Bond Varies Starts at 1% 5-10% 10%+ Apply Now
Greystone Power Corporation Utility Service Guaranty Bond Varies Starts at 1% 5-10% 10%+ Apply Now
Walton Electric Membership Corporation Utility Financial Guarantee Bond Varies Starts at 1% 5-10% 10%+ Apply Now
Marietta Board of Lights and Water Utility Bond Varies Starts at 1% 5-10% 10%+ Apply Now
City of Monroe Utility Bond Varies Starts at 1% 5-10% 10%+ Apply Now
Georgia Power Company Utility Bond Varies Starts at 1% 5-10% 10%+ Apply Now
Diverse Power Incorporated Bond Varies Starts at 1% 5-10% 10%+ Apply Now
North Georgia Electric Membership Corporation Bond Varies Starts at 1% 5-10% 10%+ Apply Now
*The bond premium rate quotes provided to you through this website are for pricing comparisons and quotation estimate purposes only. The bond rate quotes provided are based on general assumptions that may or may not be applicable to you and are subject to change at any time. These rate quotes do not constitute an offer of insurance, nor is any contract, agreement, or bond coverage implied, formed or bound by the provision of rate quotes. Bondability, final bond premium rate quotes and an offer of insurance, if any, will be determined by the insurance company providing your bond. You must contact us directly to obtain a quote for binding purposes.

The experts at SuretyBonds.com can help with all of your Georgia utility bond needs, whether your bond is listed in the table above or not. Give us a call at 1 (800) 308-4358 or click here to get started!

Why do I need this bond?

Georgia utility bonds are put in place to ensure that principals (consumers) pay their utility bills on time and in full. If the principal accrues a balance of unpaid bills, the surety can step in and cover any losses the utility company suffers up to the full amount of the bond. The principal must reimburse the surety for all sums paid out.

Ready to purchase your Georgia surety bond quickly, easily and accurately? Our experts do all of the hard work for you. Apply for your free bond quote now!

What’s the fine print?

Each utility company determines its own set of surety bond terms, so applicants should be sure they understand the fine print of their surety bond contracts during the bonding process.

In most cases, our experts will need to know the type of building receiving utility services as well as the utility account number for underwriting purposes.

Ready to get started?

Get a FREE Utility Deposit Bond Quote Today!

Diverse Power

Jackson Electric Membership Corporation

Snapping Shoals Electric Membership Corporation

Greystone Power Corporation

Walton EMC

City of Marietta, Georgia, Board of Lights and Water

The City of Monroe Utility Department

Georgia Power

North Georgia Electric Membership Corporation

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