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Tri-County EMC deposit bonds.
2% of the bond amount.

Tri-County Electric Membership Corporation, the member-owned electric cooperative serving parts of West Tennessee, can require a commercial member to post a security deposit before energizing service, and it accepts a surety bond in place of tying up cash. Pricing is 2% of the bond amount, $100 minimum, and the application collects no credit information.

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Accepted by Tri-County Electric Membership Corporation in place of a cash security deposit
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Amount equals the deposit Tri-County EMC set for your account — based on your location’s estimated usage
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2% of the bond amount, $100 minimum — no credit section in the application
2% of amount$100 minimumNo credit infoin the applicationFastissued the moment you pay
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Apply to filed in one sitting.

No underwriting queue for the standard utility deposit bond — enter your amount, pay, and deliver to Tri-County EMC. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, the deposit amount Tri-County EMC set, and the effective date — that is the entire application.

INSTANTLY

Issued on the spot

The application collects no credit information, and most applications issue instantly. Larger amounts may get a quick review.

SAME DAY

Deliver to Tri-County EMC

Submit the executed bond to Tri-County Electric Membership Corporation to satisfy your deposit requirement and energize service. Wet-ink originals mailed on request.

About this bond

What it is and who needs it.

What the utility deposit bond actually does

Tri-County Electric Membership Corporation is a member-owned electric cooperative serving parts of West Tennessee. Like most utilities, it can require a commercial customer to post a security deposit before service is energized, sized to the location’s estimated monthly usage, and it lets members satisfy that requirement with a surety bond instead of cash.

The bond is a guarantee to Tri-County EMC that your utility charges will be paid. If the account is closed with an unpaid balance, the cooperative 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 Tri-County EMC, you repay the surety. The advantage is cash flow: you pay a small premium instead of locking up the full deposit with the cooperative. Enter the figure Tri-County EMC set and see your exact price — the application collects no credit information.

Tri-County Electric Membership Corporation — deposit policyTri-County Electric Membership Corporation sets its own commercial deposit requirement under its member service policy; this surety bond is accepted in place of that cash deposit, with the amount determined on a case-by-case basis from the location’s estimated usage. We have not cited a statute because this is a cooperative deposit policy rather than a state code requirement — send us your Tri-County EMC deposit notice and we will confirm the amount.

You need this bond if you are

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Opening a Tri-County EMC commercial account the cooperative requires a deposit to energize
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A business setting up new service and asked to post a security deposit based on estimated usage
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Reconnecting service after a balance triggered a deposit requirement
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Freeing up cash by bonding the deposit instead of leaving it on deposit with the cooperative

One application, issued on the spot.

Submit the application with the deposit amount Tri-County EMC set — the executed bond is generated instantly, ready to deliver.

Start the application →
FAQ

Common questions.

How much is the Tri-County EMC utility deposit bond?Pricing is 2% of the bond amount, $100 minimum. The amount itself is the deposit Tri-County Electric Membership Corporation set for your account, based on your location’s estimated usage. Enter that figure and your exact price appears at the application.
Do I pay the full deposit?No. You pay the bond premium — from $100 — instead of leaving the full deposit in cash with Tri-County EMC. The bond amount is the surety’s maximum liability if your account goes unpaid.
Will Tri-County EMC accept a bond instead of cash?Tri-County EMC offers commercial members the option of a surety bond in place of a cash security deposit. Confirm with the cooperative that a bond satisfies your account and what amount they require, then we issue it for that figure.
Is there a credit check?The application collects no credit information. Most applications approve instantly; if a check ever runs, it is a soft pull that will not affect your credit score.
What amount should I enter?Enter the exact deposit figure on your Tri-County EMC notice. If you do not have it yet, ask the cooperative what deposit they require for your account, then come back and enter it — the premium updates instantly.
Related bonds

Other Tennessee bonds.

MLGW Utility Deposit
Memphis Light, Gas and Water Division deposit bond. Rated at 2% of the bond amount, $100 minimum.
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NES Pole Attachment
The Nashville Electric Service bond guaranteeing third-party attachments on its poles. Rated at 1% of the bond amount, $100 minimum.
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Benton County Pole Attachment
The Benton County Electric System pole-attachment bond. Rated at 1% of the bond amount, $100 minimum.
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Free up cash instead of leaving it on deposit.

Rated at 2% of the bond amount, $100 minimum. Enter the figure Tri-County EMC set and deliver the executed bond the same day.

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Your premiumfrom $100
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