Brownsville Energy Authority deposit bonds.
2% of the bond amount, $100 minimum.
Instead of tying up cash, Brownsville Energy Authority (electric, water, wastewater, natural gas, and propane service for the city of Brownsville) can accept a surety bond to secure a new or existing account. BEA sets the deposit figure at application, based on the credit risk and expected usage of the account — premiums run 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 BEA. Here is the whole thing:
Apply online
Your account details, the deposit amount BEA required, and the effective date — that is the entire application.
Issued
The executed bond is generated as soon as you pay. A soft credit pull may inform pricing on larger amounts and never affects your score.
Deliver to BEA
Submit the executed bond to Brownsville Energy Authority 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 Brownsville Energy Authority — the combined electric, water, wastewater, natural gas, and propane utility for the city of Brownsville — BEA can require a security deposit against unpaid bills, especially for a new account without established credit history. Rather than leaving cash on deposit, you can post a utility deposit surety bond for the same amount — BEA is protected, and your money stays in your business.
It is a three-party arrangement: you (the principal), the surety carrier, and Brownsville Energy Authority (the obligee). If the account goes unpaid, BEA can recover the outstanding 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. BEA sets the deposit at application using a risk assessment of the applicant and the expected usage of the account; there is no single published figure. We issue the amount BEA names, priced at 2% of the bond amount with a $100 minimum.
You need this bond if you are
One application, issued instantly.
Submit the application with the deposit amount BEA set — the executed bond is generated as soon as you pay, ready to deliver.
Start the application →Common questions.
Other Tennessee bonds.
Bond your deposit, keep your cash.
Premiums at 2% of the bond amount, $100 minimum. Enter BEA’s deposit figure and deliver the same day.