Jackson EMC deposit bonds.
2% of the bond amount. Enter your amount.
Jackson Electric Membership Corporation (Jackson EMC), the member-owned cooperative headquartered in Jefferson that serves Jackson, Gwinnett, Barrow, Hall, and surrounding northeast Georgia counties, will accept a surety bond in place of the cash deposit it would otherwise require to start or continue electric service. The bond names Jackson EMC as obligee in the amount it sets for your account. Premiums cost 2% of the bond amount, $100 minimum, and the application collects no credit information — enter your bond amount to see your exact price.
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Apply to filed in one sitting.
The Jackson EMC deposit bond has no long underwriting queue for the standard amount — enter your figure, apply, and send the executed bond to Jackson EMC. Here is the whole thing:
Apply online
Your account details, the bond amount Jackson EMC set, and the effective date — that is the entire application. No credit fields.
Priced and issued
The premium is 2% of the bond amount, $100 minimum, and the executed bond is generated as soon as you pay. Larger amounts may get a brief review — if a check ever runs, it is a soft pull that will not affect your score.
File with Jackson EMC
Send the executed bond to Jackson EMC so your cash-deposit requirement is released. Wet-ink originals mailed on request.
What it is and who needs it.
What the Jackson EMC deposit bond actually does
Jackson Electric Membership Corporation is a member-owned, nonprofit electric cooperative headquartered in Jefferson, Georgia, serving Jackson, Gwinnett, Barrow, Hall, and other counties across northeast Georgia. Rather than compel a member or business to leave a cash security deposit on file before starting or continuing electric service, Jackson EMC will accept a surety bond in the same amount instead.
It is a three-party arrangement: you (the principal), the surety carrier, and Jackson Electric Membership Corporation (the obligee). The bond secures payment of the electric charges billed to your account, up to the amount stated on the bond. If the account goes unpaid, Jackson EMC can claim against the bond; if the surety pays, you repay the surety — it is not insurance for you.
Jackson EMC sets the required amount per account rather than applying a single statutory figure, and payment history can affect what it asks for. Enter the bond amount your account notice or service representative gave you; we price the bond at 2% of that amount, $100 minimum, and the application collects no credit information.
You need this bond if you are
Priced at the application.
Submit the application with the bond amount Jackson EMC set for your account — the premium is 2% of that amount, $100 minimum, and the executed bond is ready to send to Jackson EMC the same day.
Start the application →Common questions.
Other Georgia bonds.
Skip the Jackson EMC cash deposit with one bond.
2% of the bond amount, $100 minimum. Enter the amount Jackson EMC set and see your exact price.