Why is there a need for an Arkansas Energy Utility Bond?
The Arkansas Energy Utility Bond is required by Energy Arkansas, Inc. The bond is a requirement under rule 4.04 of the Arkansas Public Service Commission, General Service Rules. To guarantee that the bond holder will pay their utility bills. The surety bond may be submitted in lieu of a cash deposit for non-residential customers. It needs to be from a company licensed to do business in the state.
This bond could be necessary if the bond holder starts a new service or has failed to pay past utility bills on time. The bond amount of the Arkansas Utility Surety Bond varies. Though the required bond amount varies, Surety1 can provide this bond at a competitive price regardless of the bond amount you need.
What is the process for getting an Arkansas Energy Utility Bond?
Surety Solutions Insurance Services Inc was established in 2003. Although our headquarters are located in California, we are actually licensed in all 50 states. We have also partnered with several surety markets to ensure that we would only offer the best rates for all our clients. Our application processing time is also very fast, with some applications taking just a business day to get approved!
If you wish to get this surety bond from us, please fill out and submit an online application form. You will then be contacted by our licensed agents who will give a no-obligation quote for your bond. If you find the price to your satisfaction, just pay the said amount and sign all the paperwork. We will then send the surety bond through USPS Priority Mail or overnight delivery. With an A+ rating from the Better Business Bureau, you can only expect the best service from us here at Surety1.