KUB deposit bonds.
From $100. Enter your amount.
The Knoxville Utilities Board (KUB) — the municipal utility providing electric, gas, water, and wastewater service across Knoxville and parts of surrounding counties — may require a deposit to start service (KUB's own site cites a $300 deposit for standard service), and, like other Tennessee municipal utility systems, KUB accepts a surety bond in place of tying up cash. Pricing on the bond is 2% of the bond amount plus a $25 fee, $100 minimum, so your exact price appears at the application.
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Apply to filed in one sitting.
No long underwriting queue for the standard utility deposit bond — enter your amount, pay, and deliver to KUB. Here is the whole thing:
Apply online
Your business details, the deposit amount KUB set for your account, and the effective date — that is the entire application.
Issued on the spot
The application collects no credit information, and most applicants issue instantly. Larger amounts may get a quick review.
Deliver to KUB
Submit the executed bond to KUB to open or release the hold on your electric, gas, water, or wastewater account. Wet-ink originals mailed on request.
What it is and who needs it.
What the utility deposit bond actually does
The Knoxville Utilities Board (KUB) is the municipal utility serving Knoxville and parts of seven surrounding Tennessee counties with electric, natural gas, water, and wastewater service. KUB's own materials state that "a $300 utility deposit may be required to start service" — and, consistent with the practice of other Tennessee municipal utility systems, KUB can accept a surety bond instead of a cash deposit to satisfy that requirement, particularly for business and commercial accounts where the required deposit runs higher.
The bond is a guarantee to KUB that your utility charges will be paid. If the account goes unpaid and is closed with a balance owed, KUB 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 KUB 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 KUB set and see your exact price — the application collects no credit information.
You need this bond if you are
One application, issued on the spot.
Submit the application with the deposit amount KUB set — the executed bond is generated instantly, ready to deliver.
Start the application →Common questions.
Other Tennessee bonds.
KUB deposit bond, issued today.
Pricing from $100. Enter the deposit KUB set and deliver it the same day.