Tri-County EMC deposit bonds.
From $100.
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.
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How much does a Tri-County EMC deposit bond cost?
2% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. 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:
Apply online
Your business details, the deposit amount Tri-County EMC set, and the effective date — that is the application.
Issued on the spot
No credit check up to $15,000, and most applications issue instantly. Above $15,000, a soft pull may add a short review.
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.
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 — 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 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.
What sets the price
The premium is 2% of the bond amount, $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 Tri-County EMC set — the executed bond is generated instantly, ready to deliver.
Start the application →Common questions.
Other Tennessee bonds.
The same bond in nearby states.
Price and requirements checked on the carrier’s application, . Page updated .
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.