Navopache utility deposit bonds.
From $100.
When Navopache Electric Cooperative, headquartered in Lakeside, Arizona, asks a member to post a deposit to establish or maintain electric service, you can post a surety bond instead of tying up cash. The bond equals the deposit Navopache set on your account. Pricing is 2% of the bond amount, $100 minimum.
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How much does a Navopache utility deposit bond cost?
2% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard deposit bond — enter your amount, pay, and file with Navopache. Here is the whole thing:
Apply online
Your account details, the deposit amount Navopache required, and the effective date — that is the application.
Issued on the spot
No credit check up to $15,000, and most applications approve and issue instantly on payment. Above $15,000, a soft pull may add a short review.
File with Navopache
Submit the executed bond to Navopache Electric Cooperative in place of your cash deposit. Wet-ink originals mailed on request.
What it is and who needs it.
What the deposit bond actually does
Navopache Electric Cooperative is a nonprofit, member-owned electric distribution cooperative headquartered in Lakeside, Arizona, serving tens of thousands of members across the White Mountains of eastern Arizona and into western New Mexico. As a member-owned cooperative rather than an investor-owned utility, Navopache sets its own deposit and service policies through its Board-approved rate schedule and service rules rather than standard Arizona Corporation Commission rate regulation.
Navopache can require a deposit before establishing or continuing electric service, particularly for a new member or an account without an established payment history. Rather than leave that cash sitting with the cooperative, Navopache accepts a surety bond as an alternative to the cash deposit. You post a bond for the deposit amount and pay a premium instead; the bond guarantees payment of your Navopache charges up to the bonded amount.
It is not insurance for you — if the surety pays Navopache, you repay the surety. The advantage is cash flow: you keep the deposit amount working in your business. Enter the deposit amount Navopache set on your account and get your price, from a $100 minimum, at the application.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with Navopache. Submit the executed bond to Navopache Electric Cooperative in place of your cash deposit. Wet-ink originals mailed on request.
What sets the price
The premium is 2% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $15,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued on the spot.
Submit the application with the deposit amount Navopache required — the executed bond is generated instantly, ready to file in place of cash.
Start the application →Common questions.
Other Arizona bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Keep your deposit working.
Pricing from $100. Post a bond instead of cash with Navopache the same day.