D.C. Energy Broker and Electrical Service Supplier Bond Guide
The Public Service Commission of the District of Columbia requires energy brokers, energy aggregators, electrical service suppliers and natural gas suppliers to be licensed and bonded to work in the district.
Learn how Washington D.C. energy, electric and gas supplier bonds work in this complete guide.
What Is a D.C. Energy Broker Bond?
Energy broker/electrical supplier bonds ensure that principals (brokers/suppliers/aggregators) work in compliance with District of Columbia rules, regulations and ordinances.
If you fail to conduct business according to the bond terms and state statutes, harmed parties can file claims against the bond to reimburse financial losses. You, as the bond principal, are responsible for reimbursing the surety for all damages paid out to the state or consumers.
What Are the Bond Coverage Requirements?
If you are a D.C. energy broker applying to provide service as an aggregator who does not take title to electricity or as a broker, you need a $10,000 surety bond.
Some energy brokers may need a larger $50,000 bond if they cannot prove to the Commission that they meet the financial integrity standards listed in §4605.1.
Electrical service suppliers and natural gas aggregators also need to file separate $10,000 bond forms.
How Much Do D.C. Energy Broker Bonds Cost?
Most energy brokers and aggregators in Washington D.C. need $10,000 in bond coverage. $10,000 bond premiums typically range from $120 to $1,000 based on financial risk. Apply now to get your free bond quote!
SuretyBonds.com provides the lowest available rates with no added brokerage fees.
How Does a Washington D.C. Energy Broker Bond Work?
Washington D.C. energy broker bonds remain in full force and effect until canceled. The surety can cancel the bond at any time by giving written notice of cancellation to the commission. Termination becomes effective 30 days after the notice is received.
The bond can be extended for additional one-year terms with a continuation certificate issued by the surety. Learn more about bond renewal here.
Who Needs a DC Energy/Electricity Broker or Supplier Bond?
If you work as one of the following providers in Washington D.C., you may need a surety bond:
- Electricity Agent/Aggregator, Broker, or Consultant
- Electricity Supplier
- Natural Gas Agent/Aggregator, Broker, or Consultant
- Natural Gas Supplier
Note: These bonds differ from utility deposit bonds, which are used to guarantee payment for high-volume utility services.
How Do I Get an Energy Broker/Electrical Service Supplier Bond in Washington D.C.?
Ready to get bonded quickly, easily and accurately? Submit an online bond request form to connect with our team of surety bond experts who will walk you through each step of the bonding process.
We’ll follow up with your free quote request within one business day. Once we have all the required documentation, we’ll send a digital invoice which you can pay online or over the phone at your convenience.
After purchase, you’ll receive your official bond to file with the obligee along with your other licensing paperwork.
How to Become an Energy Supplier/Broker in Washington, D.C.
Complete the following steps to get your License to Supply Electricity or Electric Generation Services from the D.C. Public Service Commission (DCPSC):
- Complete the DCPSC application form
- Verify the application by oath or affirmation
- Attach all supporting documents
- Pay the $400 application fee
- Purchase a surety bond (if required)
- Submit the application to the DCPSC at the address below
Commission Secretary
Public Service Commission of the District of Columbia
1325 G Street, N.W.
Suite 800
Washington, D.C. 20005
How to Become a Natural Gas Supplier/Aggregator in Washington, D.C.
Complete the process below to apply for a License to Supply Natural Gas or Natural Gas Supply Services from the DCPSC:
- Complete the Application for License to Supply Natural Gas form
- Pay the $400 application fee
- Provide the information requested in the Commission's Rules
- Attach all supporting documents
- File a surety bond (if required)
- Submit the application to the DCPSC (see address above)
If you have questions, you can email the Commission at [email protected].
More Resources
- Energy Broker Surety Bond Guide
- DCPSC APPLICATION FOR LICENSE TO SUPPLY ELECTRICITY OR ELECTRIC GENERATION SERVICES
- APPLICATION FOR LICENSE TO SUPPLY NATURAL GAS
- Washington DC Electricity Supplier License Application & Applicable Laws
- Public Service Commission of the District of Columbia
- DC Application to Supply Natural Gas
- DC Application to Supply Electricity or Electric Generation Services