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NPPD utility deposit bonds.
Quote on review.

Nebraska Public Power District (NPPD) asks a new business or other non-residential customer for a deposit of two times the highest estimated monthly bill, and its Retail Service Rules accept a surety bond for that amount instead of cash. A specialist quotes the premium, usually within one business day.

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Accepted under NPPD Retail Service Rules § 2.B(2) as an alternative to a cash deposit for new non-residential customers
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Amount is two times the highest estimated monthly bill — at least $225 for loads under 5 MW
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Frees cash NPPD would hold for at least four years — a specialist quotes your premium, usually within one business day
UnderwrittenNPPD sets the amount1 daytypical specialist replyNo credit reviewnot even a soft pull
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Price

How much does an NPPD utility deposit bond cost?

It is underwritten: the premium is quoted from the bond amount and your financial picture, so there is no flat price to show.

How it works

From NPPD's deposit figure to connected service.

NPPD requires the deposit, or an accepted alternative, when service is requested. Here is the whole process with a bond:

TODAY · ONLINE

Request a quote

Your business details, the services being enabled, the security deposit agreement date, an effective date, and the deposit amount NPPD set for the account — that is the request. There is no credit section in the application.

WITHIN 1 BUSINESS DAY

A specialist quotes it

A surety specialist confirms the bond is written to NPPD's figure and returns your exact premium, usually within one business day. Accept the quote and pay, and the bond issues.

ON PAYMENT

Deliver to NPPD

Your executed bond and power of attorney arrive by email, ready to give to NPPD customer service (1-877-ASK-NPPD) in place of the cash deposit. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the NPPD deposit bond actually guarantees

Nebraska Public Power District is a public power district and political subdivision of the State of Nebraska, headquartered in Columbus. Its Board of Directors adopts NPPD's own Retail Service Rules and Regulations, and every retail electric account is served subject to them. The current rules took effect January 1, 2026 under Board Resolution No. 25-60. Nebraska is an all-public-power state, and these deposit rules come from NPPD's board, not a state utility commission tariff.

Section 2.B(2) sets deposits by customer class. For new non-residential customers under 5 MW, the cash option is two times the highest estimated monthly bill, but not less than $225, with half due up front when the deposit exceeds $500. For loads of 5 MW and larger, it is two times the highest estimated monthly bill, and the customer also agrees to twice-monthly billing with a 90% prepayment. For both classes, the rules list surety bonds and irrevocable letters of credit as alternatives to the cash deposit. The residential rules offer no bond option, so this bond is for business accounts.

The bond is a payment guarantee in place of the cash deposit: if the account goes unpaid, NPPD can recover against the bond up to its amount. It is not insurance for you — if the surety pays NPPD, you repay the surety. NPPD holds under-5 MW business deposits for at least four years, and 5 MW-plus deposits until service ends, so plan on keeping the bond in force, renewed each year, for as long as NPPD would have held the cash. We notify you 60 and 30 days before each renewal.

NPPD Retail Service Rules and Regulations § 2.B(2)Nebraska Public Power District's Retail Service Rules and Regulations, promulgated by its Board of Directors under Neb. Rev. Stat. §§ 70-621 and 70-655 and effective January 1, 2026 (Resolution No. 25-60), require deposits, letters of credit, credit references, or other assurances of security for the payment of bills under § 2.B(2). For new non-residential customers with loads under 5 MW, Option 1 is a cash deposit of two times the highest estimated monthly bill, not less than $225; no deposit is needed if an existing NPPD account under the same Federal Tax ID has had a deposit held at least four years and an excellent twelve-month credit history. For loads of 5 MW and larger, Option 1 is two times the highest estimated monthly bill. In both classes, Option 2 lists surety bonds and irrevocable letters of credit as alternatives to cash, and Dun & Bradstreet ratings or audited financial statements may be used if NPPD judges them sufficient. Under-5 MW deposits are held at least four years; 5 MW-plus deposits are held until service ends. Only NPPD's direct retail customers are covered — many towns in its territory buy power from NPPD at wholesale but bill customers themselves, so confirm your bill comes from NPPD before you buy.

You need this bond if you're

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Opening a new business account with NPPD and asked for a deposit of two months' estimated electric bills
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A farm, shop, or commercial operation that would rather keep that cash working than parked at NPPD for four years
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A new load of 5 MW or more whose two-month deposit NPPD would hold for as long as it takes service
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Replacing a cash deposit or letter of credit with a surety bond at NPPD's agreement
After you buy

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

Term and renewal are set in the underwriter's quote.

Keep the bond in force for as long as the obligation behind it runs.

How to file it

Deliver to NPPD. Your executed bond and power of attorney arrive by email, ready to give to NPPD customer service (1-877-ASK-NPPD) in place of the cash deposit. Wet-ink original mailed on request.

What sets the price

This bond is underwritten: the premium is quoted from the bond amount and your financial picture, so there is no flat price to show.

One short form to a quote request.

These are the actual issuing fields — the bond amount, the services being enabled, the security deposit agreement date, the entity type, and the business owner and contact details. No credit section, because this application collects no credit information. Submit once and a specialist returns your quote, usually within one business day. Free until issued.

Start the application →
FAQ

Common questions.

What is an NPPD utility deposit bond?It is a surety bond a new non-residential customer of Nebraska Public Power District can give NPPD in place of a cash security deposit. NPPD's Retail Service Rules list surety bonds among the alternatives to cash deposits, and the bond guarantees payment of the account's electric bills up to the deposit amount.
Who sets the bond amount?NPPD does. Under § 2.B(2) of its Retail Service Rules, the non-residential deposit is two times the highest estimated monthly bill — not less than $225 for loads under 5 MW. Use the figure NPPD gives you, and we write the bond for exactly that amount.
How much does the bond cost?It is quoted on review rather than flat-rated. Send us the deposit figure NPPD set and a surety specialist returns your exact premium, usually within one business day. You pay a premium, not the deposit itself — the bond amount is the surety's maximum liability, and nobody holds your cash.
Will I need collateral?Not usually for a utility deposit bond, but on a very large account, such as a 5 MW-plus load, a surety can ask for collateral or financials. If your file needs anything beyond the application, we tell you before you commit to anything.
Is there a credit check?The bond issues the moment you pay — no credit review of any kind, not even a soft pull. The application collects business and contact details only.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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Requirements checked on the carrier’s application, . Page updated .

Get the NPPD account connected without the cash deposit.

Send the deposit figure Nebraska Public Power District set, and a specialist quotes the bond — usually within one business day. Free until issued.

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