KUB deposit bonds.
From $100.
The Knoxville Utilities Board (KUB) may require a deposit to start service, and its own site cites $300 for standard service. Like other Tennessee municipal utility systems, KUB can accept a surety bond in place of tying up cash. Pricing is 2% of the bond amount plus a $25 fee, $100 minimum.
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How much does a KUB deposit bond cost?
2% of the bond amount plus a $25 fee, from $100. Enter your amount in the calculator for the exact price.
Three steps. 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 application.
Issued on the spot
No credit check up to $15,000, and most applicants issue instantly. Above $15,000, a soft pull may add a short 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 — 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
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 sets the price
The premium is 2% of the bond amount plus a $25 fee, $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 KUB set — the executed bond is generated instantly, ready to deliver.
Start the application →Common questions.
Other Tennessee bonds.
Price and requirements checked on the carrier’s application, . Page updated .
KUB deposit bond, issued today.
Pricing from $100. Enter the deposit KUB set and deliver it the same day.