The Water, Gas and Light Commission of the City of Albany can require a deposit to open a commercial or higher-risk utility account. Instead of tying up cash with the Commission, you can post a surety bond for the deposit amount. The premium is 2% of the bond amount, $100 minimum — the application collects no credit information. Enter the amount the Commission set and see your exact price at the application.
















No underwriting queue for the standard utility deposit bond — enter your amount, pay, and deliver to the Commission. Here is the whole thing:
Your business details, the deposit amount the Commission set, and the effective date — that is the entire application.
No credit fields on the application, and most amounts issue as soon as you pay. Larger amounts may get a quick review, which is a soft pull that never affects your score.
Submit the executed bond to the Water, Gas and Light Commission to satisfy the deposit on your account. Wet-ink originals mailed on request.
The Water, Gas and Light Commission of the City of Albany provides water, gas, and electric service in Albany, Georgia. To open certain commercial or higher-risk accounts, it can require a security deposit against unpaid bills. A surety bond is an accepted alternative to handing the Commission cash.
The bond is written to the Water, Gas and Light Commission (the obligee) for the deposit amount it set. If the account goes unpaid and the Commission suffers a loss up to the bond amount, it can recover against the bond instead of drawing down a cash deposit.
It frees up your working capital — you pay a premium starting from $100 rather than parking the full deposit with the Commission. If the surety ever pays the Commission, you repay the surety. Accounts kept current treat the bond as a one-time formality.
Submit the application with the deposit amount the Commission set — the executed bond is generated instantly, ready to deliver.
Start the application →Pricing from $100. Enter the deposit the Commission set and deliver it the same day.