Cartersville electric deposit bonds.
From $125.
The City of Cartersville runs its own electric utility — and instead of tying up a large cash deposit to start service, you can post a utility deposit bond. The premium is 2% of the bond amount plus a $25 fee, $125 minimum — the exact price appears in the on-page calculator once you enter your deposit amount.
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How much does a Cartersville electric deposit bond cost?
2% of the bond amount plus a $25 fee, from $125. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
Most standard utility deposit bonds clear fast — enter your amount, apply, and file with the city. Here is the whole thing:
Apply online
Your business details, the location of service, the deposit amount the city set, and the effective date — that is the application. No credit check up to $15,000.
Priced and issued
The premium is 2% of the bond amount plus a $25 fee, $125 minimum, and the executed bond is generated as soon as you pay. Above $15,000, a soft pull may add a short review.
File with the City of Cartersville
Submit the executed bond to Cartersville utility billing to start or hold service. The original is mailed to the address you provide, signed by you before filing.
What it is and who needs it.
What the utility deposit bond actually does
The City of Cartersville operates its own electric utility. Rather than collect a large cash security deposit before turning on service, the city lets a customer post a surety bond instead — the bond guarantees the city will be paid if the account goes unpaid.
It is a three-party arrangement: you (the principal), the surety carrier, and the City of Cartersville (the obligee). The bond stands behind your electric bills up to the bond amount — which equals the deposit the city would otherwise hold in cash.
It frees up your capital: you pay the premium instead of locking the full deposit in the city's hands. It is not insurance for you — if the surety pays the city for an unpaid balance, you repay the surety. The premium is 2% of the city's bond amount, $125 minimum; no credit check up to $15,000.
You need this bond if you are
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
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with the City of Cartersville. Submit the executed bond to Cartersville utility billing to start or hold service. The original is mailed to the address you provide, signed by you before filing.
What sets the price
The premium is 2% of the bond amount plus a $25 fee, $125 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $15,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
Priced at the application.
Submit the application with your deposit amount — the premium is 2% of that amount plus a $25 fee, $125 minimum, and the original is mailed to the address you provide for signature and filing.
Start the application →Common questions.
Other Georgia bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Cartersville electric deposit bond, priced upfront.
2% of the bond amount plus a $25 fee, $125 minimum. Enter your deposit amount and see your exact price.