MD electric supplier integrity bonds.
$2,500 flat.

Maryland's Public Service Commission licenses electricity suppliers, and an applicant that can’t satisfy the financial-integrity tests must post a $250,000 bond under COMAR 20.51.02.08, naming the Commission as sole beneficiary. Ours is $2,500 flat — the price you see is the checkout price — with one soft credit pull that never affects your score.

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Required under COMAR 20.51.02.08 when an electricity supplier can’t meet the financial-integrity tests

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Fixed $250,000 amount, fixed $2,500 price — names the Commission as sole beneficiary

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Soft credit pull only — never a hard inquiry, never affects your score, and the price stays $2,500 either way

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How it works

Three steps to filed.

Your PSC electricity-supplier license is waiting on this bond. Here is the entire process — no broker phone tag:

TODAY · ONLINE

Apply once, online

Business details, owner information, effective date. The only extra step is a one-time consent to a soft credit pull.

WITHIN 48 HOURS

Reviewed & approved

A $250,000 financial-integrity bond gets a real underwriting look; you hear from an underwriter within 48 hours if anything else is needed. The credit check is a soft pull only — never a hard inquiry, never affecting your score.

1–2 BUSINESS DAYS

E-sign & file with the Commission

Pay online and receive the executed bond, naming the Public Service Commission as sole beneficiary, ready to file with your supplier license. Wet-ink originals mailed whenever the Commission insists.

About this bond

What it is and who needs it.

What the financial integrity bond guarantees

Maryland's Public Service Commission licenses electricity suppliers under COMAR Title 20, Subtitle 51. Section 20.51.02.08 (Financial Integrity) requires an applicant that cannot satisfy the financial-integrity tests — or has not received an unsecured credit allowance greater than $2,000,000 from PJM Interconnection — to provide security, generally a $250,000 surety bond.

The bond names the Commission as sole beneficiary, is continuous, and is cancellable only on 60 days’ notice unless the Commission orders it maintained. Its language lets the Commission draw on it if it determines the supplier is financially insolvent or unable to meet its obligations as a licensed electricity supplier in Maryland.

It is not insurance for you. If the Commission draws on the bond and the surety pays, you repay the surety. The $250,000 amount is fixed by the rule, so the price is fixed too: $2,500, with one soft credit pull that never affects your score.

COMAR 20.51.02.08 (Financial Integrity)COMAR 20.51.02.08 requires a Maryland electricity supplier that cannot satisfy the financial-integrity tests, or lacks an unsecured PJM credit allowance greater than $2,000,000, to post a $250,000 bond naming the Public Service Commission as sole beneficiary. The bond must be continuous, cancellable only on 60 days’ notice unless the Commission orders it maintained, and written by a company licensed to write surety in Maryland.

You need this bond if you're

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Applying for a Maryland electricity supplier license and can’t meet the financial-integrity tests

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A new or smaller supplier without a $2,000,000+ unsecured PJM credit allowance

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Renewing a supplier license the Commission still conditions on security

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Replacing prior security the Commission required to keep your license active

One application, issued instantly.

These are the actual underwriting fields, including a one-time consent to a soft credit pull. The $250,000 amount and $2,500 price are fixed.

Start the application →

FAQ

Common questions.

Do I pay the $250,000?No. You pay $2,500, the flat premium set for this bond. The $250,000 is the Commission’s maximum draw if it determines you’re insolvent or can’t meet your obligations; it’s not a deposit, and nobody holds your money.

Who requires this bond?The Maryland Public Service Commission, under COMAR 20.51.02.08, when an electricity supplier applicant can’t satisfy the financial-integrity tests or lacks an unsecured PJM credit allowance over $2,000,000. The bond names the Commission as sole beneficiary.

Is there a credit check?A quick soft credit check may apply — never a hard inquiry, no impact on your score. It informs approval, not price. The premium is $2,500 either way: credit can affect whether we approve a $250,000 bond, never what it costs.

Can the bond be cancelled?It is continuous and cancellable only on 60 days’ written notice to the Commission, unless the Commission orders that it be maintained. We track renewals so your license filing stays continuous.

Is the electricity bond different from the gas one?They’re parallel requirements under the same PSC financial-integrity framework — both $250,000, both naming the Commission as sole beneficiary. If you supply both electricity and gas, you’ll generally need a bond for each license.

Related bonds

Other Maryland bonds.

The Commission is waiting on one document.

$2,500 flat, short application, e-signed bond in 1–2 business days. Free until issued.

Start application

Your price$2,500

Apply now →