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*|
|Varies Jackson Electric Membership Corporation Utility Bond||Varies||Starts at 1%||Apply Now|
|Varies Snapping Shoals EMC Utility Bond||Varies||Starts at 1%||Apply Now|
|Varies Greystone Power Corporation Utility Service Guaranty Bond||Varies||Starts at 1%||Apply Now|
|Varies Walton Electric Membership Corporation Utility Financial Guarantee Bond||Varies||Starts at 1%||Apply Now|
|Varies Marietta Board of Lights and Water Utility Bond||Varies||Starts at 1%||Apply Now|
|Varies City of Monroe Utility Bond||Varies||Starts at 1%||Apply Now|
|Varies Georgia Power Company Utility Bond||Varies||Starts at 1%||Apply Now|
|Varies Diverse Power Incorporated Bond||Varies||Starts at 1%||Apply Now|
|Varies North Georgia Electric Membership Corporation Bond||Varies||Starts at 1%||Apply Now|
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.
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