The Electric Power Board of Chattanooga requires a surety bond. A utility surety 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.
In order to find out the cost of the surety bond, all we need is the completed application. Surety1 has access to the best surety markets available, so we will be able to get you bonded quickly at the best possible price!