Energy Aggregator ($25,000) Bond - Connecticut Public Utility Commission in Connecticut

Brief Summary

Electric aggregators in Connecticut answer to the Public Utilities Regulatory Authority, and this $25,000 bond backs the promises an aggregator makes to the customers it groups together. A surety bond meets the obligation for an annual premium, so the full $25,000 stays in the business while the PURA registration moves forward.

The $25,000 Energy Aggregator bond is posted in favor of the Connecticut Public Utilities Regulatory Authority (PURA), the agency that now handles what older listings call the Public Utility Commission. Aggregators gather electric customers to negotiate generation service from a licensed supplier and must hold a PURA Certificate of Registration under C.G.S. 16-245. Confirm the current bond form and filing steps with PURA before the bond is issued.

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How to Apply for a Energy Aggregator ($25,000) Bond:

• Confirm you fit the aggregator definition and are not a supplier agent or salesperson.
• Use the legal entity name exactly as it appears on the PURA application.
• Complete the bond application and review the quoted premium.
• Pay the premium and receive the executed $25,000 bond naming PURA as obligee.
• File the PURA Electric Aggregator application with the $500 registration fee, and confirm with PURA when and how the bond is submitted.

Detailed Information About the Connecticut Energy Aggregator ($25,000) Bond:

The agency is PURA

Connecticut no longer has an agency called the Public Utility Commission. Electric aggregators register with the Public Utilities Regulatory Authority, and the bond should name PURA as obligee. PURA publishes its aggregator materials on its Information for Electric Suppliers and Aggregators page, which points to the licensing statute, C.G.S. 16-245, and the definitions in C.G.S. 16-1.

Who is an aggregator

Under C.G.S. 16-1, an electric aggregator is a person, municipality or regional water authority that gathers electric customers together to negotiate the purchase of electric generation services from an electric supplier. The aggregator does not buy or resell the power. The customers contract directly with the supplier.

Two groups commonly apply when they should not. PURA's application states that agents, salespersons and anyone otherwise compensated by a supplier should not apply as aggregators. Municipalities and regional water authorities that aggregate for customers within their own boundaries register with PURA at least once a year under C.G.S. 16-245b instead.

The application

The current PURA application for an Electric Aggregator Certificate of Registration, updated March 2026, carries a $500 nonrefundable registration fee paid to the Treasurer of the State of Connecticut by wire or ACH. It asks for organizational details, officers and directors, business registration, corporate structure, financial statements, operations in other states, investigations and penalty history, a description of the aggregation program and membership fee structure, and consumer service procedures. Where applicable, it also asks how the applicant would make sure prepaid customer funds remain available. PURA states it will say within 30 days whether an application is complete and decide no later than 90 days after it is deemed complete.

What the bond does

The $25,000 bond is a financial guarantee to PURA that the aggregator will meet its obligations under Connecticut law and its registration. If the aggregator fails to do so and a valid claim is paid, the aggregator must repay the surety. Ask PURA whether the bond should accompany the application or be filed after approval, and which form it expects.

Eligibility and Requirements for a Connecticut Energy Aggregator ($25,000) Bond:

• Connecticut Public Utilities Regulatory Authority as obligee.
• Bond amount of $25,000.
• Entity name on the bond matching the PURA Certificate of Registration application.
• Financial statements and corporate structure, which PURA also requests in the application.
• Owner and company credit review. Premium is based on credit, financial strength and experience, not a fixed rate.

Connecticut Energy Aggregator ($25,000) Bond FAQs:

Official and Additional Resources for the Connecticut Energy Aggregator ($25,000) Bond: