CT electric supplier bonds.
Flat 3%. 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. We issue it at a flat 3% with no credit check.

Required for a CT electric supplier license from PURA under CGS 16-245
Amount and form approved by PURA — part of demonstrating financial capability
Flat 3%, no credit pull — enter the required amount and the premium updates
Flat 3%of your bond amount$275minimum premiumNo creditcheck to issue
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NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Apply to filed in one sitting.

Enter your amount, pay, and file with PURA. Here is the whole thing:

TODAY · 5 MINUTES

Apply online

Your business details, the bond amount PURA approved, and the effective date — that is the entire application.

QUICK REVIEW

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. No credit pull on this bond.

SAME DAY OR NEXT

File with PURA

Submit the executed bond to satisfy your electric supplier license condition. Wet-ink originals mailed whenever PURA insists.

The whole pricing page.

Bond amount × 3% = your premium, one-time, $275 minimum. Enter the figure PURA approved and the premium updates.

$50,000 bond
$1,500
$100,000 bond
$3,000
$250,000 bond
$7,500
About this bond

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 issue it at a flat 3% with no credit check.

CGS 16-245 (PURA)Connecticut General Statutes § 16-245 directs the Public Utilities Regulatory Authority (PURA) to license electric suppliers and bars a license unless the applicant demonstrates technical, managerial, and financial capability and provides and maintains a bond or other security, in an amount and form approved by PURA, to ensure its financial responsibility and its supply of electricity to end-use customers. The detailed security requirements appear in PURA's regulations (RCSA § 16-245-1 et seq.). Confirm your approved amount with PURA.

You need this bond if you are

Applying for a CT electric supplier license from PURA under CGS 16-245
Maintaining an electric supplier license that carries a PURA security condition
Renewing your license and keeping the bond in force
Entering the Connecticut competitive electricity market as a supplier

Five minutes to apply.

Submit the application with the bond amount PURA approved — electric-supplier bonds get a quick underwriting look, with no credit pull.

Start the application →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the Connecticut electric supplier bond? +
The premium is a flat 3% of the bond amount, with a $275 minimum. The amount itself is set by PURA when it approves your license security. Enter that figure and the quote updates.
Who sets the bond amount? +
PURA. Under CGS 16-245 the supplier provides and maintains a bond or other security in an amount and form PURA approves, with detail in PURA’s regulations. Confirm your approved amount with PURA before purchasing.
Is there a credit check? +
No credit pull is run on this bond. Because electric-supplier bonds can be large, the bond gets a quick underwriting review — we may ask for a document or two, but it never affects your credit score.
What does the bond protect against? +
It backs your financial responsibility and your obligation to supply electricity to customers under your contracts. If you fail and someone is harmed, they can recover against the bond, and if the surety pays, you repay the surety.
How is this different from the natural gas supplier bond? +
This bond covers electric suppliers under CGS 16-245; the natural gas supplier bond covers natural gas sellers under CGS 16-258a. Both are PURA registration/license securities, and we issue either at a flat 3%.
Related bonds

Other New York bonds.

Electric supplier bond, priced honestly.

Five-minute application, flat 3%, $275 minimum. Enter the amount PURA approved and file it.

Your premium @ 3%$3,000
Apply now →