GA Blue Ridge Mtn EMC deposit bonds.
From $100. See your price first.
Blue Ridge Mountain EMC lets a general power member — its term for commercial and industrial accounts — post a surety bond in lieu of a cash security deposit before service begins, under the Cooperative’s own rules and regulations rather than a state statute. Premiums cost 2% of the bond amount, $100 minimum, and the application collects no credit information. Enter the amount your account requires and your exact price appears at the application.
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Apply to filed in one sitting.
No long underwriting queue for the standard utility deposit bond — enter your amount, pay, and send the bond to the Cooperative. Here is the whole thing:
Apply online
Your details, the general power account or location the deposit covers, the bond amount Blue Ridge Mountain EMC set, and the effective date — that is the entire application.
Approved
The application collects no credit information, and most applications approve instantly. Larger commercial or industrial amounts may get a brief review.
File with the Cooperative
Your executed bond arrives by email, ready to submit to Blue Ridge Mountain EMC in place of the cash deposit. Wet-ink originals mailed on request.
What it is and who needs it.
What the Blue Ridge Mountain EMC utility deposit bond actually guarantees
Blue Ridge Mountain EMC requires a general power member — its category for commercial and industrial service — to secure the account with a cash security deposit before service begins. The Cooperative’s own rules let the member post a surety bond instead, so cash is not tied up for the life of the account.
It is a three-party arrangement: you (the principal), the surety carrier, and Blue Ridge Mountain EMC (the obligee). If the account goes unpaid, the Cooperative can claim against the bond up to the deposit amount it required, and if the surety pays the claim, you repay the surety. This is a private contractual requirement of the Cooperative — not a Georgia statute or a Public Service Commission rule.
The deposit is commonly set at twice the location’s average monthly bill for the prior 12 months, or an engineer’s estimate for a newly constructed location. Enter the figure your account requires; we price the bond from a $100 minimum, and the application collects no credit information.
You need this bond if you are
One application, issued instantly.
These are the actual underwriting fields, including the bond amount Blue Ridge Mountain EMC set. The application collects no credit information, and your price — from a $100 minimum — is set at application.
Start the application →Common questions.
Other Georgia bonds.
Skip the cash deposit.
Premiums from $100, no credit fields in the application. Enter the amount Blue Ridge Mountain EMC set and send the bond straight to the Cooperative.