How much does a deposit bond for UGI Utilities cost in Pennsylvania?
UGI Utilities requires new customers in need of utility services to post a $50,000 utility deposit bond.
The price you’ll pay for your bond is subject to underwriting and will vary based on your credit report. Apply for a free bond quote today. We know these bonds can be confusing, so let our experts do all of the hard work for you!
Why do I need this bond?
These bonds are contractual agreements between UGI Utilities, Inc. and its customers. This particular bond holds customers responsible for paying all utility bills on time and in full. The bond essentially acts as a security deposit to ensure that customers don’t neglect to pay for their utility services.
What’s the fine print?
This bond is required by UGI Utilities, Inc. and remains continuously effective until canceled. The surety may terminate this bond at any time by giving UGI Utilities, Inc. 60 days’ written notice prior to cancellation.
Be sure to indicate the correct regional branch of UGI Utilities on the bond form as the obligee (choose from UGI Utilities, Inc., UGI Central Penn Gas, Inc. or UGI Penn Natural Gas, Inc.).
