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Illinois gas supplier (AGS) bonds.
From $100.

An Alternative Gas Supplier certified to sell natural gas in Illinois posts a $150,000 license bond with the Illinois Commerce Commission, under the Alternative Gas Supplier Law (815 ILCS 551) and 83 Ill. Admin. Code Part 551. Pricing is 2% of the bond amount, $100 minimum — your exact price appears in the calculator.

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Required for AGS certification with the Illinois Commerce Commission to serve Illinois customers
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Set at $150,000 in favor of the People of the State of Illinois under 83 Ill. Admin. Code Part 551
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No credit check up to $15,000 — above that, a soft pull at most, which never affects your score
2% rate$100 minimum, priced by bond amountNo credit check up to $15,000above that, a soft pull at most, never a hard inquiryFastinstant issuance for most
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does an Illinois gas supplier bond cost?

2% of the bond amount, from $100. Enter your amount in the calculator for the exact price.

How it works

Apply to filed without the runaround.

Enter the amount, pay, and you have the executed license bond. Here is the whole thing:

TODAY · ONLINE

Apply online

Your company details, the bond amount (the standard $150,000 unless the ICC set another), and the effective date.

QUICK REVIEW

Underwritten and issued

Utility-supplier bonds at this size get a brief underwriter review; most issue within a business day. No credit check up to $15,000.

SAME DAY

File with the ICC

Submit the executed bond as part of your AGS certification or renewal at the Illinois Commerce Commission. Wet-ink originals mailed on request.

About this bond

What it is and who needs it.

What the AGS bond secures

Illinois opened retail natural gas to competition, and a company that sells gas to retail customers must be certified as an Alternative Gas Supplier by the Illinois Commerce Commission. Certification requires the applicant to post a license bond as a financial assurance before it can serve Illinois customers.

Under 83 Ill. Admin. Code Part 551, the bond is set at $150,000 in favor of the People of the State of Illinois, conditioned on the full and faithful performance of the supplier's duties and obligations as an AGS, and valid for at least one year. If the bond is cancelled, expires, or is drawn upon, the supplier must keep replacement security in place so the cumulative coverage never falls below the required amount.

The bond is part of the certification filing with the Commission. We issue the standard $150,000 bond starting from $100; no credit check up to $15,000, and the bond runs in favor of the State and stands behind your obligations to Illinois gas customers.

815 ILCS 551 • 83 Ill. Admin. Code Part 551 (AGS bond, $150,000)Alternative Gas Suppliers are certified by the Illinois Commerce Commission under the Alternative Gas Supplier Law (815 ILCS 551), with certification requirements in 83 Ill. Admin. Code Part 551. Part 551 requires a license/permit bond of $150,000 in favor of the People of the State of Illinois, conditioned on faithful performance and valid for at least one year, with replacement security required if the bond is cancelled, expires, or is drawn upon. Confirm your amount on your ICC filing.

You need this bond if you are

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Applying for AGS certification with the Illinois Commerce Commission
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A retail natural gas supplier entering the Illinois competitive market
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Renewing or maintaining an AGS certificate that requires the $150,000 bond
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Replacing a cancelled or expiring bond to keep cumulative coverage at $150,000
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

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 ICC. Submit the executed bond as part of your AGS certification or renewal at the Illinois Commerce Commission. Wet-ink originals mailed on request.

What sets the price

The premium is 2% of the bond amount, $100 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.

One application, no credit check up to $15,000.

These are the actual underwriting fields. No credit check up to $15,000. Above that, the carrier may run a soft pull, which never affects your score.

Start the application →
FAQ

Common questions.

How much is the Illinois AGS bond?Pricing is set by your bond amount: 2% of the bond amount, $100 minimum. The standard bond is $150,000 — enter your amount and your exact price appears at the application.
Why $150,000?That is the amount 83 Ill. Admin. Code Part 551 sets for an Alternative Gas Supplier license bond, in favor of the People of the State of Illinois, conditioned on faithful performance of the supplier’s AGS duties.
Who requires this bond?The Illinois Commerce Commission, as a condition of Alternative Gas Supplier certification under the Alternative Gas Supplier Law (815 ILCS 551) and Part 551 of its rules.
Is there a credit check?No credit check up to $15,000. Above that, the carrier may run a soft pull, which never affects your score.
What happens if my bond is drawn upon or cancelled?Part 551 requires you to keep replacement security in place so the cumulative value of your outstanding bonds never drops below $150,000, with the replacement filed with the Commission ahead of its effective date. We help you re-issue to stay continuous.
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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Price and requirements checked on the carrier’s application, . Page updated .

AGS license bond, issued fast.

From $100 on the standard $150,000 bond — see your price and file with the Commission.

Your premiumfrom $100
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