MS utility deposit bonds.
2% of the bond amount.
Entergy Mississippi, LLC lets a customer post a surety bond in place of the cash security deposit it can require before or during electric service, under the company's Service Policy on file with the Mississippi Public Service Commission. Premiums cost 2% of the bond amount, $100 minimum, and the application collects no credit information.
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Apply to filed in one sitting.
A utility deposit bond is one of the simplest bonds we issue — enter your amount, pay, and send the executed bond to Entergy. Here is the whole thing:
Apply online
Your details, the service address, your Entergy account number, and the deposit amount Entergy set — that is the entire application. No credit fields appear anywhere in it.
Issued on the spot
No credit information collected and no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review before the surety confirms coverage.
Send it to Entergy
Your executed bond arrives by email, ready to submit to Entergy Mississippi in place of the cash deposit it would otherwise hold. Wet-ink original mailed on request.
What it is and who needs it.
What the utility deposit bond actually does
Entergy Mississippi customers use electricity before paying for it — each bill covers usage already delivered — so Entergy Mississippi, LLC can require a new or higher-risk customer to post a security deposit as protection against an unpaid final bill. The deposit requirement itself runs through Entergy's own Service Policy, on file with the Mississippi Public Service Commission (Docket No. 2018-UA-39), which lets the company hold "a reasonable deposit as a guarantee for payment of service as permitted by the rules of the Commission." The Commission's own statewide rule caps how large a cash deposit can be — no more than a single estimated average bill for a residential customer, or two estimated maximum bills for any other customer.
A utility deposit bond is a surety alternative to that cash deposit. Instead of tying up cash with Entergy, the customer pays a one-time premium and the surety guarantees the deposit amount to the company. If the account closes with an unpaid balance, Entergy can claim against the bond up to the bonded sum; the surety then seeks reimbursement from the customer. It frees up cash Entergy would otherwise hold, often for the life of the account.
Entergy — not this bond, and not any figure we set — decides whether a deposit applies to your account and how large it is, based on your service class and payment history. We price the bond from a $100 minimum at 2% of the amount Entergy names, and the application collects no credit information at all.
You need this bond if you are
One application, issued on the spot.
These are the actual issuing fields, including your Entergy account number. No credit information is collected, and the executed bond generates as soon as you pay.
Start the application →Common questions.
Other Mississippi bonds.
Skip the cash deposit.
2% of the bond amount, $100 minimum. Enter the figure Entergy set and send it in the same day. Free until issued.