Illinois ComEd Utility Deposit Surety Bond
Overview
ComEd customers in Illinois who can't or don't want to tie up cash in a utility deposit have a smarter option. An Illinois ComEd Utility Deposit Surety Bond satisfies ComEd's security requirement without pulling money out of your pocket or your business account. It protects ComEd against unpaid balances while keeping your cash where it belongs — working for you. This bond is accepted statewide wherever ComEd provides electric service.
Who Needs This Bond?
Residential and commercial electric customers in Illinois need this bond when ComEd flags their account for a deposit requirement. New customers opening a ComEd account without an established credit history often face this situation, as do customers restoring service after a disconnection. If ComEd has told you a deposit is required before service can start or resume, this bond is your alternative.
What is this Bond For?
This bond stands in place of the cash deposit ComEd would otherwise hold as collateral against unpaid electric bills. If you default on your account and leave ComEd with an unpaid balance, the bond gives ComEd a financial guarantee it can make a claim against. You remain responsible for your bill — the bond simply replaces the cash security ComEd needs to approve your account. It is not insurance and does not pay your electric bills for you.
When is it Required?
Opening a new ComEd account triggers the deposit requirement when your credit profile doesn't meet ComEd's approval threshold. It also becomes mandatory when you're restoring service that was disconnected due to non-payment and ComEd requires security before reconnecting. Rather than handing ComEd a lump-sum cash deposit you won't see again for a year or more, you post this bond instead and keep your money liquid.
Where Does it Apply?
This bond applies specifically to ComEd electric service accounts throughout Illinois. It satisfies ComEd's deposit requirement statewide, covering both residential and commercial service territories. It is not transferable to other Illinois utilities such as gas or water providers — it is specific to ComEd.
How to Buy Online
Click 'Buy This Bond Online' on this page and the secure surety portal will open in a new tab. Complete your application, review your bond documents, and finalize your purchase entirely online — no phone calls, no waiting on a callback. Once issued, you'll have the bond documentation you need to submit directly to ComEd.
Why Bond Titan?
Bond Titan is powered by The Southern Agency and built to get you bonded fast, without the runaround. Our nationwide catalog includes utility deposit bonds across Illinois and every other state, all available through a single online portal. No agent callback required — just click, apply, and get your bond.