Cook bacon in a heavy pot over medium heat until the fat has rendered out and the bacon begins to crisp about 15 minutes. Drain the fat.
Add remaining ingredients, reduce heat to medium-low, and cover. Cook for 15 minutes or until the onions have softened, stirring occasionally. Remove lid and continue to simmer the chutney for about 30-40 minutes or until it resembles a dark chutney. Add more water while cooking if mixture becomes too dry.
Remove from heat and let cool. Serve as desired or store in glass jars in the fridge.
Notes
Serve the bacon onion chutney on roasted chicken, pizza, grilled cheese, or even steak. The possibilities are endless!