KY EKPC utility deposit bonds.
2% of the bond amount.
East Kentucky Power Cooperative (EKPC) — the generation and transmission cooperative that powers 16 member electric cooperatives across Kentucky — can accept a surety bond in place of a cash security deposit before establishing or continuing electric service to a commercial or industrial account. The bond amount is set by EKPC's own deposit policy, tied to your expected usage; the premium runs 2% of the bond amount, $100 minimum, with a soft pull only, never a hard inquiry.
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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 file with EKPC. Here is the whole thing:
Apply online
Your business details, the deposit amount EKPC set, and the effective date — that is the entire application.
Issued on the spot
Most utility deposit bonds at this level generate the moment you pay. Larger amounts may get a quick soft-pull review that never affects your score.
File with EKPC
Submit the executed bond in place of the cash deposit EKPC requested. Wet-ink original mailed on request.
What it is and who needs it.
What the deposit bond actually does
East Kentucky Power Cooperative is the generation and transmission cooperative headquartered in Winchester, Kentucky, that supplies wholesale power to 16 owner-member distribution cooperatives serving roughly 1.2 million Kentuckians. Like most electric utilities, EKPC can ask a commercial or industrial account to post security before service begins — protection against an unpaid final bill — and, like most utilities, it will accept a surety bond in place of the cash deposit it would otherwise hold.
It's a three-party arrangement: you (the principal), the surety carrier, and EKPC (the obligee). If your account goes unpaid and EKPC draws on the bond, you repay the surety — the bond is not insurance for you, and it frees up the cash a deposit would otherwise tie up.
The deposit amount is set by EKPC's own account policy rather than a state formula, and typically scales with your expected monthly usage. Confirm the figure EKPC gave you before applying — we issue whatever amount your account requires, from $100.
You need this bond if you're
One application, issued instantly.
These are the actual issuing fields — enter the deposit amount EKPC set, and the application runs a soft pull only, never a hard inquiry.
Start the application →Common questions.
Other Kentucky bonds.
Post the EKPC deposit bond instead of cash.
2% of the bond amount, $100 minimum, soft pull only. Enter the amount EKPC set and file the same day.