MD gas broker bonds.
$300. Five minutes.

A Maryland competitive gas broker or aggregator that does not take title to gas 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.

Required by the Public Service Commission to license as a competitive gas broker or aggregator
Applies when you do not take title to the gas — the $10,000 broker/aggregator bond
Fixed amount, fixed price — $10,000 bond, $300, no quote process
A-ratedA.M. Best carriersFastoften same purchase1–3 yrterms available
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Three steps. One sitting.

Broker bonds are the simplest thing in surety. Here's the entire process:

NOW · 5 MINUTES

Apply online

Business details and an effective date. That is the application — no financials, no credit check section.

MINUTES, USUALLY

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.

SAME DAY

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.

1-year term
$300
2-year term
$600
3-year term
$900
About this bond

What it is and who needs it.

What the gas broker/aggregator bond covers

Maryland's retail gas market is competitive, and the Public Service Commission licenses the companies in it. A broker acts as an agent or intermediary in the sale and purchase of gas, and an aggregator acts on behalf of customers to buy gas — but neither takes title to the gas itself.

Because brokers and aggregators do not own the gas they arrange, the PSC sets a smaller $10,000 bond for them — distinct from the larger security a gas supplier that takes title posts. The bond runs to the Public Service Commission and backs the broker or aggregator's compliance with the law and its obligations to customers.

It is a compliance guarantee, not insurance for you. If a broker fails to perform its legal obligations and a customer or the State 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.

COMAR Title 20 (PSC — Competitive Gas Supply)Maryland's competitive gas market is governed by the Public Service Commission under COMAR Title 20 (the gas supplier and competitive gas supply subtitles). A broker or aggregator that does not take title to gas files a $10,000 surety bond with the PSC; suppliers that take title post larger security. Confirm the current form and amount with the Public Service Commission.

You need this bond if you're

Licensing as a competitive gas broker that arranges supply but never takes title
Acting as a gas aggregator buying gas on behalf of customers
Renewing your PSC license and your current bond is expiring or non-renewing
Entering the Maryland retail gas market as a broker or aggregator rather than a supplier

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 →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the Maryland gas broker/aggregator bond? +
The premium is $300 — a flat 3% of the fixed $10,000 bond amount, the same for everyone. The $10,000 is set by the PSC rules, so there is no quote process.
Why is mine only $10,000 when suppliers post more? +
Because you do not take title to the gas. The PSC sets a smaller $10,000 bond for brokers and aggregators; companies that buy and resell gas as suppliers post larger security.
Do I pay the $10,000? +
No. You pay $300. The $10,000 is the surety's maximum liability if a valid claim is made — not a deposit, and nobody holds your money.
Is there a credit check? +
Not on this bond — the application has no credit section at all. Small fixed-amount license bonds like this one don't need one.
When does it renew? +
The bond must stay active for as long as you hold the PSC license. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available.
Related bonds

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.

Your premium @ 3%$300
Apply now →