Shelbyville utility deposit bonds.
Flat 3%. Enter your amount.
When Shelbyville Power, Water & Sewerage Systems asks a commercial or industrial customer for a service deposit, you can post a bond in lieu of a cash deposit. The utility sets the amount; we issue the bond at a flat 3% with no credit check, so you keep your working capital instead of leaving it on deposit.
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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 the utility. Here is the whole thing:
Apply online
Your business details, the deposit amount the utility required, and the effective date — that is the entire application.
Issued on the spot
No credit check and no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.
File with Shelbyville Power, Water & Sewerage
Submit the executed bond to the utility in place of the cash deposit. Wet-ink originals mailed whenever the utility insists on them.
The whole pricing page.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the deposit figure on your utility notice and the premium updates.
What it is and who needs it.
What the utility deposit bond actually does
Shelbyville Power, Water & Sewerage Systems is the municipal utility serving Shelbyville, Tennessee, providing electric, water, and sewer service. Like most utilities, it can require a service deposit from commercial, industrial, or higher-risk customers as security against unpaid bills.
Rather than leave that cash on deposit, you can post a bond in lieu of deposit for the same amount. The bond guarantees the utility that your bills will be paid — if you default, the utility can recover the unpaid balance against the bond, up to the penal sum.
It is not insurance for you — if the surety pays the utility, you repay the surety. The advantage is cash flow: you pay a 3% premium instead of tying up the full deposit. Enter the figure the utility set and we issue the bond on the spot, no credit check.
You need this bond if you are
Five minutes, issued on the spot.
Submit the application with the deposit amount the utility set — the executed bond is generated instantly, ready to file in place of cash.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the Shelbyville utility deposit bond? +
Why post a bond instead of a cash deposit? +
Is there a credit check? +
What does the bond guarantee? +
Where do I file it? +
Other New York bonds.
Utility deposit bond, issued today.
Five-minute application, flat 3%, $275 minimum. Enter the amount the utility required and file the same day.