ONG gas deposit bonds.
From $100. Enter your amount.
Instead of tying up cash, Oklahoma Natural Gas Company (ONG) — the natural-gas utility headquartered in Tulsa that serves customers across Oklahoma — lets a customer post a surety bond to secure a gas-service account in place of a cash deposit. ONG sets the deposit amount from your expected usage or billing history; premiums are priced at 2% of the bond amount, with a $100 minimum.
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Apply to filed in one sitting.
No underwriting queue for the standard utility deposit bond — enter your amount, pay, and deliver it to ONG. Here is the whole thing:
Apply online
Your ONG account number, the deposit amount the company required, and the effective date — plus a quick soft-pull consent.
Issued on the spot
No waiting — the executed bond is generated as soon as you pay. The application collects no credit information; if a check ever runs on a larger amount, it is a soft pull that never touches your score.
Deliver to ONG
Submit the executed bond to Oklahoma Natural Gas Company in place of your cash deposit. Wet-ink originals mailed on request.
What it is and who needs it.
What the utility deposit bond actually does
When you open or hold an account with Oklahoma Natural Gas Company (ONG), the utility can require a security deposit against unpaid bills — standard practice for a new account, an account with a spotty payment history, or an account reclassified after a late payment. Rather than leaving cash on deposit, a customer can post a utility deposit surety bond for the same amount — ONG is protected, and the customer's money stays in their business or household.
It is a three-party arrangement: you (the principal), the surety carrier, and ONG (the obligee). If the account goes unpaid, ONG can recover the unpaid balance against the bond, up to the deposit amount it set.
It is not insurance for you — if the surety pays a claim, you repay the surety. For most customers the bond is simply a cheaper way to satisfy a deposit requirement than tying up the full amount in cash. We price ONG's amount at 2% of the bond amount, $100 minimum; the application collects no credit information.
You need this bond if you are
One application, issued the moment you pay.
Submit the application with your ONG account number and the deposit amount the company set — the executed bond is generated instantly, ready to deliver.
Start the application →Common questions.
Other Oklahoma bonds.
Bond your gas deposit, keep your cash.
Premiums from $100. Enter the amount ONG set and deliver the same day. Free until issued.