Agents, Brokers or Consultants of Consumer Marketed Electricity operating in the State of Illinois are required under 220 ILCS 5.16-115C to execute an Illinois Alternative Retail Electric Supplier (ARES) Bond to ensure compliance with licensure.
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 Illinois Alternative Retail Electric Supplier (ARES) Bond holds you accountable for your business decisions.
By possessing an Illinois Alternative Retail Electric Supplier (ARES) Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.