Solar Decommissioning Bond
City, town, or county financial assurance for solar plant decommissioning
Arizona solar energy power plant owners may be required to maintain decommissioning financial assurance — including a bond — in an amount set by the local jurisdiction equal to decommissioning and restoration cost net of salvage.
Or call (877) 477-7578
A solar decommissioning bond is local financial assurance that funds plant removal and site restoration when an owner or operator fails to perform.
The surety bond guarantees that the principal will perform the duties required under Arizona solar energy power plant financial assurance statutes (local implementation) up to the penal sum.
A claim may arise if the principal fails to comply with the bonded Arizona obligation or causes covered loss to the obligee or protected parties.
If a claim is valid, the surety may pay up to the bond penalty according to the bond terms; the principal remains liable to reimburse the surety.
Amount, premium, term, and the authority that requires this filing.
Owners and operators of solar energy power plants subject to city, town, or county decommissioning ordinances or state financial-assurance schedules need this security.
Obtain the local cost estimate and form, then post bond, parent guarantee, or letter of credit for the required percentage of decommissioning cost on the local schedule.
Share your license type, court order, or obligee form and the exact penal sum required by City, town, or county where the solar energy power plant is located.
We review credit and filing details, then quote premium options through licensed surety markets.
Once approved, we issue the bond for delivery to City, town, or county named in the financial assurance instrument or for your Arizona filing package.
The amount is Equal to estimated decommissioning and site restoration cost net of salvage — phased postings may apply under local or statutory schedules, as set under Arizona solar energy power plant financial assurance statutes (local implementation) and confirmed with City, town, or county where the solar energy power plant is located.
The obligee is typically City, town, or county named in the financial assurance instrument. Always match the exact name on the Arizona form.
Many Arizona filings can be underwritten the same day when documents and credit are complete; complex amounts may take longer.
Not always. Premium and collateral options vary by credit and bond size — ask for markets that still write the risk.
Most bonds renew on the term shown (1 Year). Keep continuity so your Arizona license or filing does not lapse.
Next step
We’ll match the requirement and route the application.
Apply for this bond