Entergy New Orleans deposit bonds.
From $100.
Entergy New Orleans, Inc., regulated by the Council of the City of New Orleans rather than the state commission, lets a customer without an established payment history secure an account with a surety bond in place of a cash deposit. The premium is 2% of the bond amount, $100 minimum.
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How much does an Entergy New Orleans deposit bond cost?
2% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No long underwriting queue for a utility deposit bond — enter your amount, pay, and deliver the executed bond to Entergy New Orleans. Here is the whole thing:
Apply online
No credit check up to $15,000.
Issued
Most utility deposit bonds clear quickly; pricing is 2% of the bond amount, $100 minimum. Larger deposits may get a brief review.
Deliver to Entergy New Orleans
Submit the executed bond, with your account number listed and matching exactly, to Entergy New Orleans to satisfy the deposit and activate or keep your service.
What it is and who needs it.
What the Entergy New Orleans deposit bond actually covers
Entergy New Orleans, Inc. is the electric and gas utility serving the City of New Orleans. Unlike the rest of the state, New Orleans utility service is not regulated by the Louisiana Public Service Commission — the city's home rule charter gives the Council of the City of New Orleans jurisdiction over Entergy New Orleans' rates and service rules, exercised through the council's utilities-regulation function.
Like most regulated utilities, Entergy New Orleans can require a security deposit on a new account without an established payment history, or on an account that previously went unpaid. A surety bond is one accepted alternative to leaving that money in cash. You (the principal) post the bond, the surety stands behind it, and Entergy New Orleans, Inc. is the obligee.
It is not insurance for you — if the surety pays Entergy on an unpaid account, you repay the surety. The bond form must list your Entergy account number, and the name on the account and the bond must match exactly. 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.
You need this bond if you are
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
Deliver to Entergy New Orleans. Submit the executed bond, with your account number listed and matching exactly, to Entergy New Orleans to satisfy the deposit and activate or keep your service.
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, issued quickly.
Submit the application with your Entergy New Orleans deposit notice amount. No credit check up to $15,000.
Start the application →Common questions.
Other Louisiana bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Skip the cash deposit.
Premiums from $100. Enter the deposit Entergy New Orleans set, see your exact price before you pay, and deliver the bond the same day.