The Harriman Utility Board, the municipal utility serving Harriman, Tennessee with electric, water, and wastewater service, can require a deposit to open or hold an account — and, like other Tennessee municipal utility systems, its deposit policy accepts a surety bond in place of tying up cash. Pricing on the bond is 2% of the bond amount, $100 minimum, so your exact price appears at the application.
















No long underwriting queue for the standard utility deposit bond — enter your amount, pay, and deliver to the Board. Here is the whole thing:
Your business details, the deposit amount the Harriman Utility Board set, and the effective date — that is the entire application.
The application collects no credit information, and most applicants issue instantly. Larger amounts may get a quick review.
Submit the executed bond to the Board to open or release the hold on your account. Wet-ink originals mailed on request.
The Harriman Utility Board is the municipal utility system serving the City of Harriman and surrounding Roane County, Tennessee with electric, water, and wastewater service. Like other Tennessee municipal utility systems, it can require a deposit to open a new account or where billing history warrants — and can accept a surety bond instead of cash to satisfy that requirement.
The bond is a guarantee to the Board that your utility charges will be paid. If the account goes unpaid and is closed with a balance owed, the Harriman Utility Board can recover against the bond up to the deposit amount, rather than against a cash deposit it would otherwise hold.
It is not insurance for you — if the surety pays the Board on a claim, you repay the surety. The advantage is cash flow: you pay a small premium instead of locking up the full deposit. Enter the figure the Board set and see your exact price — the application collects no credit information.
Submit the application with the deposit amount the Board set — the executed bond is generated instantly, ready to deliver.
Start the application →Pricing from $100. Enter the deposit the Board set and deliver it the same day.