Maryland CSEGS Pilot Program Bond Guide
If you’re applying to become a subscriber organization for the community solar energy generating system (CSEGS) pilot program in Maryland, you’ll likely need this surety bond.
Bond Overview
- Purpose: To ensure subscriber organizations uphold local laws and regulations.
- Who Needs It: CSEGS pilot program subscriber organizations
- Regulating Body: The Maryland Public Service Commission
- Required Coverage: $1,000–$500,000
- Premium Rate: 1–10%
Learn all about the bond requirements and process in this guide.
What Is a Maryland CSEGS Pilot Program Bond?
A Maryland solar energy pilot program bond holds subscriber organizations financially liable for upholding local laws and regulations.
How Much Do CSEGS Pilot Program Bonds Cost?
Maryland solar energy pilot program bonds cost a small percentage of the required coverage amount, typically 1–10%.
Exact rates vary based on personal credit score. Apply for your free quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get a Maryland solar energy pilot program bond. Just follow these quick steps:
- Apply: Submit an online quote request form
- Quote: Receive your quote within one day
- Sign: Complete the indemnity agreement
- Buy: Purchase the bond online 24/7
We’ll mail you the bond via your preferred shipping method. Be sure to file it with the Public Service Commission as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a CSEGS Pilot Program Subscriber Organization Bond Work?
A Maryland CSEGS pilot program bond creates a legal contract between these three parties:
- Principal: You, the subscriber organization filing the bond
- Obligee: The Maryland Public Service Commission requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding local regulations and consumer contracts. .
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you must ultimately refund the surety.
How Do I Renew My Bond?
These bonds expire annually. To renew your solar energy pilot program bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.