The City of Alexandria runs its own electric, water, and sewer utility, and a new commercial account usually means a security deposit. A surety bond lets you satisfy that deposit without tying up cash — the premium is 2% of the bond amount, $100 minimum, priced by the amount itself, not a credit or underwriting tier. Your exact price appears at the application, in whatever amount Alexandria Utility Systems set.
















No underwriting queue for the standard utility deposit bond — enter your amount, pay, and take the bond to the city. Here is the whole thing:
Your business details, the deposit amount the city required, and the effective date — that is the entire application.
Most applications approve instantly — the application collects no credit information, and if a check ever runs on a larger amount it is a soft pull only, never a hard inquiry.
Submit the executed bond to the city utility office to open or keep your account without a cash deposit. Wet-ink originals mailed on request.
The City of Alexandria owns and operates its own utilities — electric, water, and sewer — through Alexandria Utility Systems. Like most municipal utilities, the city asks a new or commercial account holder for a security deposit to cover the risk of unpaid bills.
A utility deposit bond is one accepted alternative to leaving that money in cash with the city. You (the principal) post the bond, the surety stands behind it, and the City of Alexandria is the obligee. If you leave a final bill unpaid, the city can recover against the bond rather than your deposit.
It is not insurance for you — if the surety pays the city, you repay the surety. For most businesses the appeal is cash flow: you pay a small premium instead of leaving the full deposit sitting with the utility. Pricing is 2% of the bond amount, $100 minimum — set by the deposit amount itself, not a credit or underwriting tier. Enter the deposit the city set and apply to see your exact price.
Submit the application with the deposit amount the city set — the executed bond is generated instantly, ready to file with Alexandria Utility Systems.
Start the application →Pricing from $100. Enter the deposit the city set and file it the same day.