WGLC deposit bonds.
From $100.
Washington Gas Light Company can require a customer to establish credit with a security deposit before service begins. Under its Virginia tariff (Va. S.C.C. No. 9), that deposit equals the two highest consecutive bills in the preceding 12 months. We price a bond covering that figure at 2% of the bond amount, $100 minimum.
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How much does a WGLC 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 WGLC deposit bond — enter your amount, pay, and send the bond to Washington Gas. Here is the whole thing:
Apply online
Your business details, the deposit amount Washington Gas billed you for, the state where service is connected, and the effective date — that is the application.
Issued on the spot
No credit check up to $15,000. Premium is 2% of the bond amount, $100 minimum.
Send it to Washington Gas
Your executed bond and power of attorney arrive by email, ready to submit to Washington Gas Light Company in place of a cash deposit. Wet-ink originals mailed on request.
What it is and who needs it.
What the WGLC deposit bond actually does
Washington Gas Light Company delivers natural gas to Northern Virginia — Fairfax, Arlington, and Loudoun and Prince William Counties, and the City of Alexandria, among others — under rates and service terms filed with the Virginia State Corporation Commission as Va. S.C.C. No. 9.
Before delivering gas, Washington Gas requires a customer to establish credit to its satisfaction; where credit is not otherwise established, its General Service Provisions set the deposit at a cash sum equal to the customer’s two highest consecutive bills in the preceding 12 months (a residential deposit over $150 may be paid in three monthly installments). A surety bond written to that figure lets you satisfy the requirement without tying up the cash.
It is not insurance for you — if the surety pays Washington Gas on a default, you repay the surety. Ask Washington Gas for the exact deposit figure on your account notice, enter it here, and your premium is priced from a $100 minimum with 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
Issued on the spot. No credit check up to $15,000. Premium is 2% of the bond amount, $100 minimum.
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 instantly.
Submit the application with the deposit amount Washington Gas calculated. No credit check up to $15,000.
Start the application →Common questions.
Other Virginia bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Skip the cash deposit.
Rated at 2% of the bond amount, $100 minimum, no credit check up to $15,000. Enter the figure Washington Gas calculated and send the bond in today.