The Tennessee Utility Electric Power Board Nashville & Davidson County bond is requested to guarantee the payment of your utility bills. This type of bonds is required by the utility companies to help ensure that they will be paid for usage. It could be required if you have a new service or if you have been past due previously. Because this bond is guaranteeing that you will pay your bill, the surety companies do require a credit check on this bond. We have 15 different markets available, so we are able to get you the best quote possible on your utility bond–even if you’ve been declined before.
This surety bond is an alternative security deposit for all commercial establishments who will avail of the services of the Nashville Electric Service. The surety bond must be a minimum of three years. There is no set bond amount as it will be based on the deposit amount. There is a minimum amount of $1,000.
Complete our easy to navigate online application. Within one business day, one of our licensed agents will contact you with a no-obligation quote for your bond (the “premium”). Once any necessary paperwork is signed and the premium payment is processed, your surety bond will be shipped to you via USPS Priority Mail (overnight shipping options also available).
The surety bond experts at Surety1 are here to help you get bonded quickly and reliably. We work with over a dozen “A” rated surety markets to ensure we find you the lowest rate for your bond. We are also licensed in all 50 states and maintain an A+ rating by the Better Business Bureau.