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CPS utility deposit bonds.
From $100.
Instead of tying up cash, a customer can post a surety bond that City Public Service (CPS Energy) accepts in place of a utility deposit for electric and gas service. CPS sets the amount; pricing is 2% of your bond amount, $100 minimum — enter the figure CPS required and your exact price appears at the application.
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Three steps. One sitting.
No underwriting queue for the standard CPS deposit bond — enter your amount, pay, and submit to CPS. Here is the whole thing:
Apply online
Your account details, the bond amount CPS required, and the effective date — that is the application.
Issued on the spot
No credit check up to $15,000, and most bonds are issued as soon as you pay.
Submit to City Public Service
Provide the executed bond to CPS Energy in place of your cash deposit. Wet-ink originals mailed whenever CPS insists on them.
What it is and who needs it.
What the CPS utility deposit bond actually covers
City Public Service (CPS Energy) is the municipally owned electric and gas utility for San Antonio and surrounding areas. Like most utilities, it can require a deposit before establishing or continuing service — and it accepts a surety bond in lieu of cash, so you do not have to tie up the money.
The bond is a payment guarantee: it stands behind your utility charges. If the account goes unpaid, City Public Service — the obligee — can recover its billed amounts against the bond up to the penal sum.
It is a three-party arrangement: you (the principal), the surety carrier, and City Public Service. It is not insurance for you — if the surety pays CPS, you repay the surety. Customers who keep the account current treat it as a deposit substitute that frees up their cash.
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
Submit to City Public Service. Provide the executed bond to CPS Energy in place of your cash deposit. Wet-ink originals mailed whenever CPS insists on them.
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 City Public Service set — the executed bond is generated instantly, ready to provide to CPS.
Start the application →Common questions.
Other Texas bonds.
Price and requirements checked on the carrier’s application, . Page updated .
CPS deposit bond, issued today.
Pricing from $100. Enter the amount CPS required and free up your cash the same day.