City of Alexandria utility deposit bonds.
Flat 3%. Enter your amount.
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 — we issue it at a flat 3% with no credit check, in whatever amount Alexandria Utility Systems set.
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Apply to filed in one sitting.
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:
Apply online
Your business details, the deposit amount the city required, and the effective date — that is the entire application.
Issued on the spot
No credit check and no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.
File with Alexandria Utility Systems
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 whole pricing page.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the deposit amount the City of Alexandria set and the premium updates.
What it is and who needs it.
What the utility deposit bond actually does
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. Enter the deposit the city set and we issue the bond at a flat 3% with no credit check.
You need this bond if you are
Five minutes, issued on the spot.
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 →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the Alexandria utility deposit bond? +
Why would I use a bond instead of paying the deposit? +
Is there a credit check? +
Who is protected by the bond? +
What amount should I enter? +
Other New York bonds.
Utility deposit bond, issued today.
Five-minute application, flat 3%, $275 minimum. Enter the deposit the city set and file it the same day.