SCE&G utility bonds.
From $100.
South Carolina Electric & Gas Company (SCE&G) accepts a surety bond in place of a cash security deposit when you open, transfer, or reinstate electric or natural gas service under an account still billed or filed under the SCE&G name. The utility sets the deposit amount, and pricing is 2% of the bond amount, $100 minimum.
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How much does an SCE&G utility bond cost?
2% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard security deposit bond — enter your amount, pay, and file with SCE&G. Here is the whole thing:
Apply online
Your details, the deposit amount SCE&G required, your county, and the effective date — that is the application.
Issued on the spot
No credit check up to $15,000, and most applications approve instantly — the executed bond is generated as soon as you pay.
File with SCE&G
Submit the executed bond to SCE&G customer accounts in place of your cash deposit. Wet-ink originals mailed on request.
What it is and who needs it.
What the utility deposit bond does
South Carolina Electric & Gas Company (SCE&G) was for decades the investor-owned electric and natural gas utility serving much of the South Carolina Midlands and Lowcountry, before its 2019 acquisition by Dominion Energy under the name Dominion Energy South Carolina. Some accounts, older billing systems, and legacy filings still reference the SCE&G name. Like other utilities, it collects a deposit to secure the bills a new or higher-risk account will run up before establishing a payment history — but a surety bond can stand in for that cash.
It is a three-party arrangement: you (the principal), the surety, and SCE&G (the obligee). If your account carries an unpaid balance when service ends, the utility can recover against the bond up to its face amount instead of drawing down a cash deposit.
It is not insurance for you — if the surety pays a claim, you repay the surety. Customers who keep their accounts current typically use the bond to free up the cash a deposit would otherwise tie up. We issue the amount the utility sets on your account; pricing is 2% of the bond amount, $100 minimum, and 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 premium covers a one-year term from the effective date you choose.
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
File with SCE&G. Submit the executed bond to SCE&G customer accounts in place of your cash deposit. Wet-ink originals mailed on request.
What sets the price
The premium is 2% 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 on the spot.
Submit the application with the deposit amount SCE&G required — the executed bond is generated instantly, ready to file.
Start the application →Common questions.
Other South Carolina bonds.
Price and requirements checked on the carrier’s application, . Page updated .
SCE&G deposit bond, issued today.
Pricing at 2% of the bond amount, $100 minimum. Enter the deposit the utility required and file the same day.