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.
















Broker bonds are the simplest thing in surety. Here's the entire process:
Business details and an effective date. That is the application — no financials, no credit check section.
License-style bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
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.
$10,000 bond × 3% = $300, one-time per term. Fixed amount, fixed price, multi-year if you want it.
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.
These are the actual issuing fields — no credit check section, because this bond doesn't have one.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
$300 flat, five-minute application, bond often issued in the same sitting. Free until issued.