Instead of tying up cash, Black Hills Energy will accept a surety bond to secure your natural gas account. New or higher-risk accounts — and larger commercial users such as restaurants or manufacturers — are asked for a deposit; a bond stands in for that cash. The premium is 2% of the bond amount, $100 minimum, and your exact price appears at the application.
















No long underwriting queue for a utility deposit bond — enter your amount, pay, and deliver the executed bond to Black Hills Energy. Here is the whole thing:
Your business or household details, the address where gas service is connected, the deposit amount Black Hills Energy required, and the effective date — plus a one-time consent to a soft credit pull.
Most utility deposit bonds clear quickly after a soft credit check that never affects your score; pricing is 2% of the bond amount, $100 minimum. Larger deposits may get a brief review.
Submit the executed bond to Black Hills Energy to satisfy the deposit and activate or keep your gas service. Wet-ink originals mailed on request.
When you open or keep a natural gas account, Black Hills Energy can ask certain customers — new accounts without an established payment history, or high-volume commercial users such as restaurants, campgrounds, or manufacturers — for a security deposit. A surety bond is an accepted alternative to a cash deposit: instead of leaving cash sitting with the utility, you post a bond that guarantees the same obligation.
The amount is the deposit Black Hills Energy sets for your account, generally tied to your estimated monthly usage and payment history at the serviced address. The bond stands behind your gas charges — if the account goes unpaid and is closed, Black Hills Energy can recover its loss against the bond, up to the bond amount.
It is not insurance for you — if the surety pays Black Hills Energy on an unpaid account, you repay the surety. Bonds remain in effect until the utility releases them and are renewable annually; the surety can end the bond by giving Black Hills Energy written notice, typically 30 days ahead. For a customer who would rather not park cash with the utility, a one-time premium starting at $100 is the cheaper way to satisfy the requirement.
Submit the application with the service address and the deposit amount Black Hills Energy set. Approval typically follows a quick soft credit check that never affects your score.
Start the application →Premiums from $100. Enter the deposit Black Hills Energy set, see your exact price before you pay, and deliver the bond the same day.