Fayetteville PWC deposit bonds.
From $100. Enter your amount.
The Fayetteville Public Works Commission (PWC) can require a deposit before turning on commercial utility service — and it accepts a surety bond in lieu of a cash deposit. Instead of tying up cash with PWC, post a bond. The commission sets the amount; premiums start from $100, and the application collects no credit information.
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Apply to filed in one sitting.
The standard deposit bond application collects no credit information — enter your amount, pay, and file with PWC. Here is the whole thing:
Apply online
Your business details, the deposit amount PWC required, and the effective date — that is the entire application.
Issued on the spot
No waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick underwriter review.
File with the Public Works Commission
Submit the executed bond to PWC in place of your cash deposit, and your utility account can be set up. Wet-ink originals mailed whenever PWC insists.
What it is and who needs it.
What the deposit bond actually covers
The City of Fayetteville Public Works Commission (PWC) is the municipal utility serving Fayetteville with electric, water, and sewer. Like most utilities, PWC can require a deposit on a commercial account as security against unpaid bills — and it accepts a surety bond in lieu of that cash deposit.
The bond runs to the Public Works Commission of the City of Fayetteville as obligee. It guarantees payment of your utility charges up to the bond amount — so instead of leaving a large cash deposit with PWC, you post a bond and keep your working capital.
It is a guarantee, not insurance for you: if you leave unpaid utility bills, PWC can recover against the bond, and if the surety pays, you repay the surety. The bond amount is the deposit figure PWC sets, generally tied to your estimated usage.
You need this bond if you are
One application, issued on the spot.
Submit the application with the deposit amount PWC required — the executed bond is generated instantly, ready to file in place of cash.
Start the application →Common questions.
Other North Carolina bonds.
PWC deposit bond, issued today.
Premiums from $100. Post a bond instead of a cash deposit and keep your capital.