How much will my utility bond for Duke Energy cost?
The required amount of utility bonds for Duke Energy is determined by the utility company. It’s best to verify your required bond amount prior to getting bonded so that our experts can help you quickly, easily and accurately.
SuretyBonds.com offers Duke Energy surety bonds for different costs depending on each applicant’s required bond amount and personal credit report.
Since both the amount and cost of this bond vary, we suggest contacting a surety specialist online or by phone at 1 (800) 308-4358 to get a free surety bond quote.
|Bond Type||Bond Amount||Cost by Credit Score*|
|680 and up||679 - 600||599 or lower|
|Duke Energy Utility Bond||Varies||Starts at 1%||5-9%||10%+||Apply Now|
Call SuretyBonds.com at 1 (800) 308-4358 or click here to submit an online bond request form. Our experts will get you set up with the North Carolina utility bond you need for the lowest rate possible.
Why do I need this bond?
Duke Energy will accept this surety bond in lieu of a monetary security deposit. If the principal (utility customer) does not comply with the corporation’s rules and regulations and develops an accumulation of unpaid bills for electric services, this bond will be used to compensate Duke Energy for any resulting financial losses.
Apply for a free bond quote today! Our team of experts can typically get you a personalized bond quote within 1 business day of submitting your application.
What’s the fine print?
Duke Energy surety bonds are continuous until canceled. In fact, most surety bonds are automatically renewed annually. If the surety chooses to terminate this bond for any reason, 60 days’ written notice prior to termination must be given to the utility company.
The original bond form must be mailed to Duke Energy.
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