Entergy Texas deposit bonds.
2% of the bond amount.
Entergy Texas, Inc., the investor-owned electric utility serving Southeast Texas outside the ERCOT grid, can require a residential or business customer to post a security deposit before starting or continuing service, and its own account policy lets you satisfy that requirement with a surety bond instead 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.
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Apply to filed in one sitting.
No underwriting queue for the standard utility deposit bond — enter your amount, pay, and deliver to Entergy. Here is the whole thing:
Apply online
Your account details, the deposit amount Entergy set, and the effective date — that is the entire application.
Issued on the spot
The application collects no credit information of any kind, so the bond issues as soon as you pay.
Deliver to Entergy
Submit the executed bond to Entergy Texas to satisfy your deposit requirement and start or continue service. Wet-ink originals mailed on request.
What it is and who needs it.
What the utility deposit bond actually does
Entergy Texas, Inc., a subsidiary of Entergy Corporation, is a vertically-integrated electric utility serving Southeast Texas — including Beaumont, Conroe, and Lufkin — outside the ERCOT competitive market, and is regulated by the Public Utility Commission of Texas (PUCT). Under PUCT rule 16 Tex. Admin. Code §25.24, a utility may require a customer without an established payment history, or one with a poor payment record, to post a security deposit capped at one-sixth of the customer's estimated annual billing, and Entergy's own account policy lets a customer satisfy that requirement with a surety bond instead of cash.
The bond is a guarantee to Entergy that your electric charges will be paid. If the account is closed with an unpaid balance, Entergy 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 Entergy, you repay the surety. The advantage is cash flow: you pay a small premium instead of locking up the full deposit. Enter the figure Entergy set and see your exact price — the bond issues the moment you pay, with no credit review of any kind, not even a soft pull.
You need this bond if you are
One application, issued on the spot.
These are the actual issuing fields — no credit section, because this application doesn't collect credit information 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. Enter the figure Entergy set and deliver the executed bond the same day. Free until issued.