A surety bond Colorado Springs Utilities (CSU) accepts in place of a cash deposit when opening a utility account — so your working capital stays in your business instead of sitting with the utility. CSU sets the deposit amount; pricing is 2% of the bond amount, $100 minimum, calculated instantly at the application. The application collects no credit information for most applicants.
















No underwriting queue for the standard CSU deposit bond — enter your amount, pay, and file with Colorado Springs Utilities. Here is the whole thing:
Business details, the deposit amount CSU required, and an effective date — that is the entire application.
No credit fields in the application and no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review; any check run is a soft pull that never affects your score.
Submit the executed bond to CSU's customer accounts office in place of your cash deposit. Wet-ink original on request.
Colorado Springs Utilities is the municipally owned, four-service utility (electric, natural gas, water, wastewater) for Colorado Springs. When it opens an account — especially a commercial account or one without established billing history — it can require a deposit. A surety bond is a payment guarantee CSU accepts in place of that cash, so your money stays in your business.
It is a three-party arrangement: you (the principal), the surety carrier, and Colorado Springs Utilities (the obligee). If the account goes unpaid, CSU can recover against the bond up to its amount, the same way it would draw on a cash deposit.
It is not insurance for you — if the surety pays a claim, you repay the surety. Pay your utility bills and the bond is simply a substitute for tied-up cash. We issue the amount CSU set, pricing from $100.
Submit the application with the deposit amount Colorado Springs Utilities set — the executed bond is generated instantly, ready to file. The application collects no credit information for most applicants.
Start the application →Pricing from $100. Enter the deposit amount CSU set and file the same day.