If you are engaged as an alternative electricity provider in Ohio you are required under Chapter 4928.23 et. seq. of the State of Ohio Revised Code to file an Ohio Electric Supplier Bond as a condition of licensure.
Bonds Express offers an Ohio Electric Supplier Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Ohio Electric Supplier Bond holds you accountable for your business decisions.
By possessing an Ohio Electric Supplier Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.