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District of Columbia electricity supplier license bonds.
Quote on review.

The District's Public Service Commission licenses electricity suppliers, brokers and aggregators under 15 DCMR Chapter 46. This page covers all but the standard $50,000 bond: the $10,000 Integrity Bond for brokers and non-title aggregators and the Customer Payments Bond. A specialist quotes it, usually within one business day.

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Required with a PSC Electricity Supplier License under 15 DCMR § 4605 (Integrity Bond) and § 4604 (Customer Payments Bond)
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$10,000 Integrity Bond for brokers and for aggregators that do not take title to electricity
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Customer Payments Bond sized to your certified deposits within six months and every December 31
1 daytypical specialist replyNo credit reviewnot even a soft pullA-ratedA.M. Best carriers
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Price

How much does a District of Columbia electricity supplier license bond cost?

It is underwritten: the premium is quoted from the bond amount and your financial picture, so there is no flat price to show.

How it works

Application to license file.

License applications must include proof of compliance with the PSC’s bonding rules, and the Commission checks for completeness within 15 days. Here is the whole process on our side:

TODAY · ONE APPLICATION

Apply online

Your company details, the bond type (Integrity or Customer Payments), the amount your license class or deposit certification requires and the effective date. No credit section and no Social Security number.

WITHIN 1 BUSINESS DAY

A specialist quotes it

A surety specialist reviews the application and returns your premium. The penal sum is set by the PSC rules; underwriting only prices it.

ON PAYMENT

File it with the PSC

Your executed bond and power of attorney arrive by email on the PSC’s electricity form, ready to file on eDocket with a notarized verification page from the issuer — with a new application or your five-year review.

About this bond

What it is and who needs it.

What the electricity supplier bond actually guarantees

Under D.C. Code § 34-1505(a), all electricity suppliers must obtain a license from the Public Service Commission to do business in the District, and § 34-1505(c)(1) lets the Commission require a bond or similar instrument where it judges one necessary to insure an applicant’s financial integrity. The PSC’s rules in 15 DCMR Chapter 46 make that concrete: under § 4601.1 anyone who engages in the business of an Electricity Supplier must hold the license, and under § 4601.2(e) the application must include proof of compliance with the bonding requirements of §§ 4604 and 4605.

The Integrity Bond (§ 4605) applies to any applicant or licensee that cannot show a BBB- or better credit rating, an A2/P2 commercial-paper rating, or an unused bank line or parent guarantee the Commission deems adequate. It is $50,000 for suppliers and marketers and $10,000 for brokers and aggregators that do not take title to electricity, and the Commission may re-evaluate the amount as the market changes. The standard $50,000 bond has its own page: the DC electricity supplier integrity bond. The Customer Payments Bond (§ 4604) is separate and applies to any supplier that charges deposits or collects prepayments: $50,000 before the first deposit, then at least the certified balance within six months and every December 31.

Both bonds name the Commission as sole beneficiary and must be continuous. The Commission can draw on the Customer Payments Bond only by an order finding the licensee insolvent or unable to repay customers who paid deposits or prepayments. It is not insurance for you — if the surety pays a claim, you repay the surety. Electricity and natural gas services need separate bonds on separate PSC forms.

15 DCMR §§ 4604–4605; D.C. Code § 34-150515 DCMR § 4605.2(a): an applicant or licensee that cannot meet the § 4605.1 standards must submit a copy of an initial Integrity Bond of $50,000, unless it is applying as an Aggregator that does not take title to electricity or as a Broker (as defined in D.C. Official Code § 34-1501 and § 4699.1), in which case a $10,000 Integrity Bond is required. Under § 4605.2(b) the Commission may re-evaluate the amount, and brokers and non-title aggregators are not required to update the $10,000 bond; § 4605.2(c) allows return or waiver after two years of continuous service. § 4604.2 sets the Customer Payments Bond at $50,000 before any deposit or prepayment, then at least the certified balance within six months and by December 31 each year. §§ 4604.3 and 4605.3 require a bond from a company authorized in DC, on the Commission’s form, filed as a copy with a notarized verification page, continuous, with 60 days’ notice to cease. Under § 4602.7 the license is valid until revoked or surrendered and is reviewed every five years.

You need this bond if you’re

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An electricity broker or non-title aggregator applying for a PSC license and posting the $10,000 Integrity Bond
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A supplier that charges deposits or collects prepayments posting the initial Customer Payments Bond before the first deposit
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A licensee re-certifying deposits whose Customer Payments Bond must match the six-month or December 31 certification
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A supplier whose amount the PSC re-evaluated under § 4605.2(b), or a rated supplier asked to bond case by case
After you buy

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

Term and renewal are set in the underwriter's quote.

Keep the bond in force for as long as the obligation behind it runs.

How to file it

File it with the PSC. Your executed bond and power of attorney arrive by email on the PSC’s electricity form, ready to file on eDocket with a notarized verification page from the issuer — with a new application or your five-year review.

What sets the price

This bond is underwritten: the premium is quoted from the bond amount and your financial picture, so there is no flat price to show.

One application, one specialist review.

These are the actual issuing fields — no credit section, because this application doesn’t collect credit information. Submit once and a surety specialist returns your quote, typically within one business day. Free until your bond is issued.

Start the application →
FAQ

Common questions.

What is a DC electricity supplier license bond?It is the surety bond the Public Service Commission of the District of Columbia requires with an Electricity Supplier License under 15 DCMR Chapter 46. Most applicants post an Integrity Bond under § 4605, and any supplier that takes customer deposits or prepayments also posts a Customer Payments Bond under § 4604. Both name the Commission as sole beneficiary and protect the supplier’s DC customers.
Who sets the bond amount, and what will I pay?The PSC rules do. The Integrity Bond is $10,000 for brokers and for aggregators that do not take title to electricity, and $50,000 for suppliers and marketers. The Customer Payments Bond starts at $50,000 and then must be at least the deposits and prepayments you certify. You do not pay the bond amount; that is the surety’s maximum liability on a valid claim. Your premium is quoted by a surety specialist, usually within one business day.
When do I need a Customer Payments Bond?Whenever you intend to charge deposits or collect prepayments, or actually do. Under § 4604.1 you post it in addition to any Integrity Bond; charging deposits without it can lead to suspension or revocation and restitution to customers. You must re-certify the deposit balance within six months of the initial bond and by December 31 every year, and keep the bond at least that high.
Will I need collateral?That is decided at underwriting, and we tell you before you commit to anything. The application asks only for your company details, the bond type and amount, and the effective date. There is no credit review of any kind, not even a soft pull.
Do I need a new bond at my five-year review?Not if your current bond is still on file. The license is valid until revoked or surrendered and is reviewed every five years under § 4602.7. The bond itself must be continuous; ceasing it needs Commission approval at least 60 days ahead, and a licensee not serving customers that cancels its bond has its license suspended immediately.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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Other District of Columbia bonds.

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Get your DC electricity supplier bond quoted.

One short application and a specialist quote, usually within one business day. No credit review of any kind. Free until issued.

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