CDE Lightband deposit bonds.
From $100. Enter your amount.
Instead of tying up cash as a security deposit with the Clarksville Department of Electricity (CDE Lightband), an applicant for electric service can post a surety bond for the same amount. The premium on the bond is 2% of the bond amount, $100 minimum; enter the deposit figure CDE Lightband set for your account below for your exact price.
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Apply to filed in one sitting.
No underwriting queue for the standard utility deposit bond — enter your amount, pay, and file with CDE Lightband. Here is the whole thing:
Apply online
Your account or business details, the deposit amount CDE Lightband set, and the effective date — that is the entire application.
Issued on the spot
Most applicants have the bond generated as soon as they pay, no waiting. 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.
File with CDE Lightband
Submit the executed bond to CDE Lightband in place of the cash deposit on your account. Wet-ink originals mailed whenever the utility insists.
What it is and who needs it.
What the utility deposit bond actually covers
When you apply for electric service with the Clarksville Department of Electricity, doing business as CDE Lightband, the municipal electric and broadband utility for the City of Clarksville, the utility's security-deposit policy can require a security deposit on new or flagged accounts — CDE's own policy names a surety bond as an accepted alternative. Rather than leave that cash sitting with the utility, CDE Lightband accepts a surety bond for the same amount in place of the cash.
The bond is a payment guarantee in lieu of the cash deposit: it stands behind the electric charges on your account. If the account goes unpaid and the deposit would have covered it, CDE Lightband can recover against the bond instead of drawing down a cash deposit.
It is not insurance for you — if the surety pays CDE Lightband, you repay the surety. The advantage is cash flow: you pay a small premium — from $100 — rather than locking up the full deposit amount. Enter the figure CDE Lightband set on your account and your exact price appears at the application.
You need this bond if you are
One application, issued on the spot.
Submit the application with the deposit amount CDE Lightband set — the executed bond is generated instantly, ready to file in lieu of the cash deposit.
Start the application →Common questions.
Other Tennessee bonds.
Utility deposit bond, issued today.
Premiums from $100 — your exact price appears at the application. Enter the deposit CDE Lightband set and file the same day.