NJ electric/gas supplier bonds.
$7,500 flat. Soft pull.
Every licensed third-party electric power or gas supplier in New Jersey must post a $250,000 bond with the Board of Public Utilities for each commodity license. Ours is $7,500 flat — 3% of the bond amount, identical for every supplier. One soft credit pull, e-signed in 1–2 business days.
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Three steps to licensed.
Your supplier license is waiting on this bond. Here's the entire process — no broker phone tag:
Apply once, online
Business details, owner information, a few commercial questions, and an effective date. The only extra step is a one-time consent to a soft credit pull.
Reviewed & approved
A $250,000 bond gets a real underwriting look; you typically hear back within 48 hours. The credit check is a soft pull that never affects your score.
E-sign & file with the BPU
Pay online and receive the executed bond ready to file with your Board of Public Utilities license application or renewal. Wet-ink originals mailed whenever the Board insists.
The whole pricing page.
$250,000 bond × 3% = $7,500, one-time per term, per commodity license. Fixed amount, fixed price, multi-year if you want it.
What it is and who needs it.
What the bond actually guarantees
New Jersey's restructured energy market lets customers buy electricity or natural gas from a third-party supplier (TPS) instead of the utility. The Board of Public Utilities licenses these suppliers under the Electric Discount and Energy Competition Act and requires each to post a surety bond as evidence of financial integrity.
Under N.J.A.C. 14:4-5.4 the bond is $250,000 for each license — so a supplier licensed for both electric and gas posts the bond for each commodity. It insures against the supplier's failure to pay New Jersey taxes or assessments, or to meet its contractual commitments to deliver electric generation or gas supply service to New Jersey customers.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond must be maintained for as long as the license is valid; we track it and notify you 60 and 30 days out so your $250,000 filing stays continuous.
You need this bond if you're
Five minutes. The whole thing.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is typically issued within 1–2 business days.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
Do I pay the $250,000? +
Who requires this bond? +
Do I need one bond or two? +
Is there a credit check? +
When does it renew? +
Other New York bonds.
The Board of Public Utilities is waiting on one document.
$7,500 flat, five-minute application, e-signed bond in 1–2 business days. Free until issued.