1 (800) 308-4358
Mon-Fri 7am-7pm CST
  1. 1. Choose A State
  2. 2. Choose A Bond
  3. 3. Enter Your Info
  4. 4. Purchase Your Bond

Illinois Energy Agent, Broker or Consultant License Bond

How much does an energy agent, broker or consultant bond cost in Illinois?

The state of Illinois requires energy brokers, consultants and agents to post a $5,000 surety bond before receiving a license.

SuretyBonds.com issues these bonds instantly for just $50. Since there is no credit check required, everyone qualifies. Simply click “Buy Now” to visit our secure online payment portal and purchase your bond online. It only takes a few minutes to be on your way to getting bonded as an energy agent, broker or consultant in Illinois.

Bond Type Bond Amount Cost
$5,000 Energy Agent, Broker or Consultant License Bond $5,000 $50
*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.

Why do I need this bond?

Professionals who broker out utility services to consumers in Illinois must be bonded. These bonds ensure that energy agents work according to industry regulations, including, but not limited to:

  • disclosing that they aren’t employed by the energy supplier(s)
  • disclosing, if applicable, that the energy supplier will provide them with compensation
  • marketing themselves, their services, and the energy provider honestly

For a detailed breakdown of licensing requirements, including regulations and prohibited acts, check out our “Important Links” section below.

What’s the fine print?

Although this obligee does not have a specific form, the surety should provide a form with specific language required the state. Illinois energy agent, broker or consultant surety bonds expire 1 year from the date of issuance. If the bond is to be canceled, the surety company must provide the state with at least 30 days notice.

Ready to get started?

Illinois Commerce Commission: Electricity Agents, Brokers and Consultants (With Bond Form)

Joint Committee on Administrative Rules Administrative Code Title 83: Public Utilities, Section 454.80 Financial Licensing Requirements

Joint Committee on Administrative Rules Administrative Code Title 83: Public Utilities

Overnight Shipping
50,000 Satisfied
Customers Nationwide
No Hidden Fees