MD electricity broker bonds.
$300. Five minutes.
A Maryland electricity broker or aggregator that does not take title to power files a $10,000 bond with the Public Service Commission. Ours is $300 flat — 3% of the bond amount, identical for everyone — and these license-style bonds issue fast with no credit check.
Trusted by industry leaders
Three steps. One sitting.
Broker bonds are the simplest thing in surety. Here's the entire process:
Apply online
Business details and an effective date. That is the application — no financials, no credit check section.
Pay & e-sign
License-style bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
File with the PSC
Your executed bond and power of attorney arrive by email, ready to file with your Public Service Commission license application. Wet-ink original mailed on request.
The whole pricing page.
$10,000 bond × 3% = $300, one-time per term. Fixed amount, fixed price, multi-year if you want it.
What it is and who needs it.
What the broker/aggregator bond covers
Maryland deregulated retail electricity, and the Public Service Commission licenses the companies that operate in that market. A broker arranges supply between customers and suppliers, and an aggregator combines customers' demand — but neither takes title to the electricity itself.
Because brokers and aggregators do not own the power they arrange, the PSC sets a smaller $10,000 bond for them — distinct from the much larger security a supplier that takes title must post. The bond runs to the Public Service Commission and backs the broker or aggregator's compliance with the law and its obligations to customers and the State.
It is a compliance guarantee, not insurance for you. If a broker fails to perform its legal obligations and the State or a customer is harmed, they can recover against the bond — and if the surety pays, you repay the surety. Whatever your role, we issue the $10,000 bond at a flat 3% with no credit check.
You need this bond if you're
Five minutes. The whole thing.
These are the actual issuing fields — no credit check section, because this bond doesn't have one.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the Maryland electricity broker/aggregator bond? +
Why is mine only $10,000 when suppliers post more? +
Do I pay the $10,000? +
Is there a credit check? +
When does it renew? +
Other New York bonds.
The PSC is waiting on one document.
$300 flat, five-minute application, bond often issued in the same sitting. Free until issued.