New Jersey Orange & Rockland deposit bonds.
From $100.
Orange & Rockland Utilities, which serves electric and gas customers in a handful of Sussex County communities, can require a security deposit from a customer with limited payment history under N.J.A.C. 14:3-3.4. The customer can post a surety bond instead of cash. Premiums cost 4% of the bond amount, $100 minimum.
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How much does a New Jersey Orange & Rockland deposit bond cost?
4% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No long underwriting queue for the standard utility deposit bond — enter your amount, pay, and send it to Orange & Rockland. Here is the whole thing:
Apply online
No credit check up to $15,000.
Approved
Most utility deposit bonds clear right away — pricing is 4% of the bond amount, $100 minimum. Larger amounts may get a brief review.
Send it to Orange & Rockland
Your executed bond and power of attorney arrive by email, ready to submit to Orange & Rockland in place of a cash deposit on your account. Wet-ink originals mailed on request.
What it is and who needs it.
What the utility deposit bond actually covers
Under New Jersey's utility service rules, a company like Orange & Rockland Utilities may ask a customer for a security deposit when the customer's payment history does not yet support unsecured service — a new account, a prior late-pay record, or a large expected bill. N.J.A.C. 14:3-3.4 requires that any such deposit be reasonably related to the probable charge for service, and sets the amount at two times the average monthly bill for the previous 12 months. The rule applies uniformly — a utility cannot set different deposit requirements for different New Jersey municipalities it serves.
A surety bond is Orange & Rockland's alternative to that cash deposit. Instead of tying up the full deposit amount, you pay a small annual premium and the bond stands behind the account: if you fail to pay a bill and the account is closed with a balance due, Orange & Rockland can claim against the bond for the unpaid amount, up to the bond's face value, and you repay the surety.
The deposit amount is set by Orange & Rockland against your specific account and billing history, per the utility's tariff on file with the New Jersey Board of Public Utilities — not a flat statewide figure. Enter the amount on your deposit notice; we price the bond from a $100 minimum. No credit check up to $15,000.
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 carrier issues this bond for a single two-year term; the term cannot be changed at checkout.
Renewal falls on the statutory date, October 7, in the year your term ends.
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
Send it to Orange & Rockland. Your executed bond and power of attorney arrive by email, ready to submit to Orange & Rockland in place of a cash deposit on your account. Wet-ink originals mailed on request.
What sets the price
The premium is 4% 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 instantly.
These are the actual issuing fields. No credit check up to $15,000. Your price — from a $100 minimum — is set at application.
Start the application →Common questions.
Other New Jersey bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Skip the cash deposit, post a bond instead.
Premiums from $100, no credit check up to $15,000. Enter the deposit amount on your notice and send it to Orange & Rockland the same day.