When Monroe County Electric Power Association asks for a security deposit to start or keep electric service, a surety bond can stand in for the cash. The association sets the deposit amount; we quote your price on a quick review so you keep your cash.
















No underwriting queue for the standard utility bond — enter your amount, pay, and deliver the executed bond to the association. Here is the whole thing:
Your details, the deposit amount, and the effective date — that is the entire application.
The application collects no credit information. An underwriter reviews the deposit amount and confirms your price, typically within one business day.
Deliver the executed bond to the association in place of the cash deposit so your electric service can start or continue. Wet-ink originals mailed on request.
Monroe County Electric Power Association is the member-owned electric cooperative serving Amory, Aberdeen, and Monroe County, Mississippi. Like most utilities, it can require a security deposit before connecting service — especially for a new account or a commercial location — to protect against unpaid bills.
A utility bond is a surety bond the association accepts in place of that cash deposit. It guarantees that if you fail to pay your electric bill, the association 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 the association on an unpaid balance, you repay the surety. We issue the amount the association set, priced on a quick review, sized to the deposit on your service agreement. The application collects no credit information.
Submit the application with the deposit amount the association required — the executed bond is generated instantly, ready to deliver.
Start the application →Price confirmed on review. Enter the deposit the association required and keep your cash.