CT electric supplier bonds.
From $100. Enter your amount.
A Connecticut electric supplier is licensed by PURA under CGS 16-245 and must provide and maintain a bond or other security in an amount and form PURA approves, to ensure its financial responsibility and supply of electricity to customers. The premium is 2% of the bond amount, $100 minimum — your exact price shows at the 60-second application.
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Apply to filed in one sitting.
Enter your amount, pay, and file with PURA. Here is the whole thing:
Apply online
Your business details, the bond amount PURA approved, and the effective date — that is the entire application.
Issued after a brief look
Electric-supplier bonds run to larger amounts and get a quick underwriting review; if anything is needed, an underwriter follows up within 48 hours. The application collects no credit information.
File with PURA
Submit the executed bond to satisfy your electric supplier license condition. Wet-ink originals mailed whenever PURA insists.
What it is and who needs it.
What the electric supplier bond actually covers
Connecticut lets electric suppliers compete to sell generation service to customers, delivered over the regulated utility's wires. Under CGS 16-245, PURA licenses electric suppliers and will not issue a license unless the applicant demonstrates technical, managerial, and financial capability.
Part of that financial showing is a bond: the supplier must provide and maintain a bond or other security, in an amount and form PURA approves, to ensure its financial responsibility and its supply of electricity to end-use customers under its contracts and arrangements.
The bond stands behind the supplier’s obligations to its customers and the grid — if the supplier fails to perform and someone is harmed, they can recover against the bond, and if the surety pays, the supplier repays the surety. PURA sets the amount; some suppliers see figures in the six-figure range. Enter the amount PURA approved, and we price it at 2% of that amount, $100 minimum. The application collects no credit information, and on the rare bond where a check does run, it is a soft pull that never affects your score.
You need this bond if you are
Five minutes to apply.
Submit the application with the bond amount PURA approved — electric-supplier bonds get a quick underwriting look; the application collects no credit information.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the Connecticut electric supplier bond? ▾
Who sets the bond amount? ▾
Is there a credit check? ▾
What does the bond protect against? ▾
How is this different from the natural gas supplier bond? ▾
Other Connecticut bonds.
Electric supplier bond, priced honestly.
Five-minute application, from $100. Enter the amount PURA approved and file it.