Atmos Energy utility deposit bonds.
From $100.
When Atmos Energy asks a new, non-residential, or reconnecting customer for a service deposit before starting natural gas service in Mississippi, a surety bond can stand in for the cash. Atmos sets the deposit amount for your account under its Mississippi Gas Service Policy; the premium is 2% of that amount, with a $100 minimum, shown at the application.
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How much does an Atmos Energy utility 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 underwriting queue for the standard utility deposit bond — enter your amount, pay, and deliver the executed bond to Atmos. Here is the whole thing:
Apply online
Your details, the service address, the deposit amount Atmos Energy set, and the effective date — that is the application.
Issued on the spot
Most applications approve instantly and the executed bond is generated as soon as you pay. No credit check up to $15,000.
File with Atmos Energy
Deliver the executed bond to Atmos in place of the cash deposit so your gas service can start or continue. Wet-ink originals mailed on request.
What it is and who needs it.
What the utility deposit bond actually does
Atmos Energy is one of the investor-owned natural gas distribution companies serving Mississippi, regulated by the Mississippi Public Service Commission. Under Mississippi Public Service Commission Rule 9.100 (Customer Deposits), a utility may require a cash deposit — capped at a single estimated average bill for a residential customer and two estimated maximum bills for any other customer — to guarantee payment and the safe return of its property. Atmos' own Mississippi Gas Service Policy (Section VII, Rule 46) applies that cap and requires "a deposit or other guarantee" before service for a customer who is new, non-residential, or whose credit standing is not satisfactory.
A utility deposit bond is a surety bond that stands in for that cash deposit. It guarantees that if you fail to pay your gas bill — or damage Atmos' meter, regulator, or service piping — Atmos can recover the unpaid amount up to the bond's limit, so you satisfy the deposit requirement without tying up cash.
It is not insurance for you — if the surety pays Atmos on an unpaid balance, you repay the surety. We issue the amount Atmos calculated for your account; the premium is 2% of that deposit, with a $100 minimum.
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
File with Atmos Energy. Deliver the executed bond to Atmos in place of the cash deposit so your gas service can start or continue. Wet-ink originals mailed on request.
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 on the spot.
Submit the application with the deposit amount Atmos Energy required — the executed bond is generated instantly, ready to deliver.
Start the application →Common questions.
Other Mississippi bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Utility deposit bond, issued today.
Premium is 2% of the deposit amount, $100 minimum. Enter the deposit Atmos required and keep your cash. Free until issued.