Tullahoma utilities deposit bonds.
From $100. Enter your amount.
Instead of tying up cash, the Tullahoma Utilities Board (Tullahoma Utilities Authority) — the independent city agency that provides electric, water, and wastewater service to Tullahoma — lets a customer post a surety bond to secure a utility account in place of a cash security deposit. The board sets the deposit amount at enrollment — premiums cost 2% of the bond amount, $100 minimum, and the application collects no credit information.
Trusted by industry leaders
Apply to filed in one sitting.
No underwriting queue for the standard utility deposit bond — enter your amount, pay, and deliver it to the board. Here is the whole thing:
Apply online
Your details, the deposit amount the board required, and the effective date — that is the entire application.
Issued on the spot
The application collects no credit information, so most bonds generate the moment you pay. Larger amounts may get a quick soft-pull review that never affects your score.
Deliver to the Tullahoma Utilities Board
Submit the executed bond to the board in place of your cash deposit. Wet-ink originals mailed on request.
What it is and who needs it.
What the utility deposit bond actually does
The Tullahoma Utilities Board is an independent agency of the City of Tullahoma that supplies electric, water, and wastewater service. When a customer opens or reinstates an account, the board can ask for a security deposit against unpaid bills. Rather than leaving cash on deposit for as long as the account is open, a customer can post a utility deposit surety bond for the same amount instead.
It is a three-party arrangement: you (the principal), the surety carrier, and the Tullahoma Utilities Board (the obligee). If the account goes unpaid, the board can recover the unpaid balance against the bond, up to the deposit amount it set.
It is not insurance for you — if the surety pays a claim, you repay the surety. The deposit requirement is set by the board’s own credit and collections policy rather than a numbered state statute; we issue the amount the board confirms, from $100, and 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 the board set — the executed bond is generated instantly, ready to deliver.
Start the application →Common questions.
Other Tennessee bonds.
Bond your deposit, keep your cash.
From $100. Enter the board’s deposit amount and deliver the same day. Free until issued.