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Cleco Power deposit bonds.
From $100. Enter your amount.

Instead of tying up cash, Cleco Power LLC — the investor-owned electric utility headquartered in Pineville and regulated by the Louisiana Public Service Commission — lets a customer without an established payment history secure an account with a surety bond in place of a deposit. The premium is 2% of the bond amount, $100 minimum, and the application collects no credit information.

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Accepted by Cleco Power LLC in place of a cash security deposit for a new or reconnected electric account
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Amount is set by Cleco — typically tied to your estimated monthly usage and payment history for the service address
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2% of the bond amount, $100 minimum — enter your deposit amount and your exact price appears at the application
2% of amount$100 minimumSoft pull onlynever a hard inquiryFrees upyour cash deposit
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
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JLL
Triple Five
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NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Apply to filed in one sitting.

No long underwriting queue for a utility deposit bond — enter your amount, pay, and deliver the executed bond to Cleco. Here is the whole thing:

TODAY · ONLINE

Apply online

Your Cleco service address, the deposit amount Cleco required, and the effective date — the application collects no credit information.

QUICKLY

Issued

Most utility deposit bonds clear quickly; pricing is 2% of the bond amount, $100 minimum. Larger deposits may get a brief review.

SAME DAY

Deliver to Cleco Power

Submit the executed bond, with your account and service address listed exactly, to Cleco to satisfy the deposit and activate or keep your electric service.

About this bond

What it is and who needs it.

What the Cleco utility deposit bond actually covers

Cleco Power LLC is the investor-owned electric utility serving much of central and southwest Louisiana, regulated by the Louisiana Public Service Commission. Like most regulated utilities, Cleco can require a security deposit on a new account without an established payment record, or on an account that previously went unpaid.

A surety bond is one accepted alternative to leaving that money in cash with the utility. You (the principal) post the bond, the surety stands behind it, and Cleco Power LLC is the obligee. The amount is the deposit Cleco sets for your account, generally tied to your estimated monthly usage and payment history at the serviced address.

It is not insurance for you — if the surety pays Cleco on an unpaid account, you repay the surety. The bond stays in force until the surety cancels with written notice. For a customer who would rather not park cash with the utility, a one-time premium starting at $100 is the cheaper way to satisfy the requirement.

Cleco Power LLC — account deposit termsCleco Power LLC, the electric utility serving central and southwest Louisiana and regulated by the Louisiana Public Service Commission, permits a customer to secure an account with a surety bond in place of a cash deposit, in an amount and on terms acceptable to the company. The bond amount is the deposit Cleco sets for your account, typically based on estimated usage and payment history — confirm the figure on your Cleco deposit notice. No specific LPSC docket or tariff section is cited here because the exact figure is set through Cleco's own account terms, not a fixed statutory number.

You need this bond if you are

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Opening a Cleco Power account as a business or landlord without an established payment history
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A customer Cleco has asked to secure the account after a prior unpaid balance
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Reconnecting service after a closed or delinquent account triggered a deposit
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Freeing up working capital by replacing a cash deposit already on file with a bond

One application, issued quickly.

Submit the application with your Cleco deposit notice amount. The application collects no credit information, and most clear quickly.

Start the application →
FAQ

Common questions.

How much is the Cleco Power deposit bond?Premiums are 2% of the bond amount, with a $100 minimum — your exact price appears at the application. The bond amount itself is the deposit Cleco Power set for your account, usually tied to estimated usage and payment history.
What amount should I enter?Use the deposit figure on your Cleco Power notice. It is set by the utility based on your account, estimated usage, and payment history — if you are unsure, ask Cleco for the deposit amount and we will issue the bond for it.
What does the bond guarantee?It guarantees payment of your Cleco Power charges up to the bond amount. If the account is closed with an unpaid balance, Cleco can recover against the bond — and if the surety pays, you repay the surety.
Where do I file it?Submit the executed bond directly to Cleco Power to satisfy the deposit requirement on your account. Make sure your account details and service address on the bond match Cleco's records exactly.
Is there a credit check?The application collects no credit information, and most applications clear quickly. If a check ever runs on a larger deposit, it is a soft pull only — never a hard inquiry, and it never affects your score.
Related bonds

Other Louisiana bonds.

Entergy Gulf States Utility Deposit
The utility deposit bond for accounts still carrying the Entergy Gulf States name in southwest and south Louisiana. 2% of the bond amount, $100 minimum.
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Entergy Louisiana Utility Deposit
The bond Entergy Louisiana, LLC accepts in place of a cash deposit for electric or gas service. 2% of the bond amount, $100 minimum.
View bond →
Entergy New Orleans Utility Deposit
The bond Entergy New Orleans accepts in place of a cash deposit, regulated by the New Orleans City Council. 2% of the bond amount, $100 minimum.
View bond →

Skip the cash deposit.

Premiums from $100. Enter the deposit Cleco Power set, see your exact price before you pay, and deliver the bond the same day.

Start application
Your premiumfrom $100
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