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Mississippi
Utility Bonds

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Coverage Amount: $100 - $125,000
Term Length: 1 year
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Mississippi Utility Deposit Bond Overview

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

What Is a Mississippi Utility Deposit Bond?

Some Mississippi utility companies require customers to file surety bonds before starting utility services — or offer it as an alternate to a security deposit. 

Mississippi utility deposit bonds are an alternate form of financial security to ensure that customers pay their bills in full and on time.

Who Needs a Utility Deposit Bond?

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

  • 4-County Electric Power Association
  • Coast Electric Power Association
  • Columbus Light and Water
  • Entergy Mississippi, Inc
  • Holly Springs Utility Department
  • Mississippi Power Company
  • New Albany Light, Gas, and Water
  • Northcentral Mississippi Electric Power Association
  • Prentiss County Electric Power Association
  • Singing River Electric Power Association
  • Tippah Electric Power Association
  • Twin County Electric Power
  • Yazoo Valley Electric Power Association
  • Kosciusko Water and Light
  • City of Oxford Utilities

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

What Are the Bond Requirements?

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

How Much Do Utility Bonds Cost?

Mississippi 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 $100 for a $10,000 utility bond. Get your free quote now. 

Bond Type
$1,000-$100,0004-County Electric Power Association Bond
$1,000-$50,000Coast Electric Power Association Utility Bond
$1,000-$100,000Columbus Light and Water Utility Bond
$1,000-$100,000Entergy Mississippi, Inc. Utility Bond
$1,000-$125,000Holly Springs Utility Bond
$1,000-$100,000Mississippi Power Company Utility Bond
$1,000-$100,000New Albany Light, Gas, Water Utility Bond
$1,000-$100,000Northcentral Mississippi Electric Power Association Utility Bond
$1,000-$100,000Prentiss County Electric Power Association Utility Bond
$1,000-$100,000Singing River Electric Power Association Utility Bond
$100-$100,000Tippah Electric Power Association Utility Bond
$1,000-$100,000Twin County Electric Power Utility Bond
$1,000-$100,000Yazoo Valley Electric Power Association Utility Bond
$1,000-$100,000Kosciusko Water and Light Utility Bond
$1,000-$100,000City of Oxford Utilities Bond

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

How Does a Utility 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. In turn, you must reimburse the surety for all claims paid out up to the full bond amount.

Mississippi Utility Deposit Bond Overview Purpose: To guarantee payment for utility services Who Needs It: Certain high volume utilities customers in Mississippi 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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