CenterPoint Energy deposit bonds.
2% of the bond amount.
CenterPoint Energy Services, Inc., the natural-gas distribution utility serving the Houston area and other Texas divisions under tariffs regulated by the Railroad Commission of Texas, can require a commercial or industrial customer to post a security deposit before starting or continuing gas service — and it accepts a surety bond in place of tying up cash. Pricing is 2% of the bond amount, $100 minimum. The bond issues the moment you pay — no credit review of any kind, not even a soft pull.
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 to CenterPoint Energy. Here is the whole thing:
Apply online
Your business details, the deposit amount CenterPoint Energy set, and the effective date — that is the entire application.
Issued on the spot
The application runs no credit review of any kind, not even a soft pull, and issues the moment you pay.
Deliver to CenterPoint Energy
Submit the executed bond to CenterPoint Energy Services, Inc. to satisfy your deposit requirement and start or continue gas service. Wet-ink originals mailed on request.
What it is and who needs it.
What the utility deposit bond actually does
CenterPoint Energy Services, Inc. distributes natural gas in the Houston area and other Texas divisions under tariffs it files with the Railroad Commission of Texas, the same regulator whose gas-utility customer-service rules — including the deposit rule at 16 Texas Administrative Code § 7.45 — apply to every gas utility it regulates. Those rules let a utility require a deposit from an applicant who has not established credit and cap a residential deposit; commercial and industrial deposits are sized by CenterPoint Energy on a case-by-case basis for the account’s risk.
The bond is a guarantee to CenterPoint Energy that your gas bills will be paid. If the account is closed with an unpaid balance, the utility 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 CenterPoint Energy, you repay the surety. The advantage is cash flow: you pay a small premium instead of locking up the full deposit with the utility. Enter the figure CenterPoint Energy set and see your exact price — the application runs no credit review of any kind, not even a soft pull.
You need this bond if you are
One application, issued instantly.
Submit the application with the deposit amount CenterPoint Energy set — the executed bond generates instantly, ready to deliver, with no credit review of any kind.
Start the application →Common questions.
Other Texas bonds.
Free up cash instead of leaving it on deposit.
Rated at 2% of the bond amount, $100 minimum. No credit review of any kind. Enter the figure CenterPoint Energy set and deliver the executed bond the same day.