If you have applied for utility service from the Delaware Electric Co-op and it has been deemed that you have to supply security to ensure the prompt payment of bills, you may be required to provide a Delaware Electric Co-op Utility Bond.
Bonds Express offers a Delaware Electric Co-op Utility 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 Delaware Electric Co-op Utility Bond holds you accountable for your business decisions.
By possessing a Delaware Electric Co-op Utility Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.