How much will my Portland General Electric Company surety bond cost?
Portland General Electric Company utility deposit bonds are required in various amounts based on the amount of electricity to be provided. Before coming to SuretyBonds.com, you should verify your required bond amount with PGE so our experts can get you the bond you need quickly, easily, and accurately.
Submit a quote form to speak with a surety specialist! We are dedicated to getting our customers bonded for the lowest available rates.
Why do I need this bond?
PGE utility bonds protect Portland General Electric Company from customers who refuse to pay their electricity bills on time and in full. If a customer fails to pay his or her bill, the surety will compensate the Portland General Electric Company for any damages up to the full bond amount. The customer must reimburse the surety in a timely manner for any damages paid out.
What’s the fine print?
Portland General Electric Company utility deposit bonds are continuous until canceled. If the surety cancels this bond, 60 days of notice must be given to PGE prior to cancellation.