Payless Power Rates and Plans for Houston, Dallas, and the Rest of Texas.
About Payless Power
Payless Power Texas is a family-owned business in Fort Worth. It has been run by three brothers since 2005 and only serves residential electricity customers. From the outset, Payless Power was designed to offer underserved Texas customers having little credit or a difficult credit history with prepaid electricity plans. The company strives to provide “no-surprise” pricing and makes sign up easy with instant approval and no credit checks or deposits. They also educate customers about their service, costs, and expectations to avoid problems and customer service issues.
Payless Power is also active in the north Texas community. The company supports the Christ’s Haven children’s home at a farm in Keller, Texas; supports the Down Syndrome Partnership of Tarrant County and works with Habitat for Humanity. As a result, it has won awards that include our Top five 2018 and 2021 Best Electricity Providers and also Innovator Awards for bestplace4workingparents.com.
Does Payless Power Service My Texas City?
Payless Power offers plans and products throughout Texas. Browse plans for your city.
Payless Power Plans for Houston
|Rate Lock 6||6/months||18.9¢/kWh|
|Rate Lock 12||12/months||19.1¢/kWh|
Dallas Payless Power Plans
|Rate Lock 6||6/months||18.2¢/kWh|
|Rate Lock 12||12/months||18.3¢/kWh|
Payless Power Plans in Fort Stockton
|Rate Lock 6||6/months||20.0¢/kWh|
|Rate Lock 12||12/months||20.2¢/kWh|
Payless Power Electricity in Corpus Christi
|Rate Lock 6||6/months||18.8¢/kWh|
|Rate Lock 12||12/months||19.0¢/kWh|
Abilene Payless Power Plans
|Rate Lock 6||6/months||18.7¢/kWh|
|Rate Lock 12||12/months||18.9¢/kWh|
Payless Power Scores and Ratings:
Texas Electricity Ratings Overall Score for Payless Power
Payless Power Overall Score
Enter your zip code to find rates for your city
Understand Your Payless Power Bill
Unsure about how to decipher your Payless Power bill?
We can help.
Check out our How to Understand your Payless Power Bill page where you can get information on what the various charges and fees mean.
Bill Period or Cycle
The dates this bill covers. Your Texas utility company will read the meter at their discretion. This will not always be a month or 30 days. If you are on a plan that has "monthly" fees, that fee will appear on your bill, regardless of how many days were within the period.
What is the Difference Between Energy Rate and Average Rate?
the 'Energy Rate' is the price in cents that you pay your electricity provider for the actual electricity that you consumed. The 'Average Rate' is the total you paid for electricity service (including all TDSP fees, bill credits, taxes, etc) divided by the number of kWhs you used that month.
What is the average Payless Power electricity bill in Texas
Most customers in Texas use about 1050-1400 kWh of electricity per month. According to various sources, the average electricity rate in Texas is about 11 cents. This would make the average Texas electricity bill about $115 to $154 per month.
Of course, if you have a higher electrical load than normal you will use more energy, and thus your bills can easily be higher than that. High load items would be things like a swimming pool or electric heat in the winter.
Your home size will have an impact on your usage. A smaller 600 sqft apartment might use 500-600 kWh, while an expansive 3,000 sqft. home could easily use 2,200 to 3,000 kWh.
About TDSPs (Utilities)
The utility is the company that maintains the power poles and lines in your area. They are also in charge of generating the electricity and delivering it to your home. In Texas, there are five deregulated TDSPs: CenterPoint (Houston), Oncor (Dallas), TNMP, AEP-North and AEP-Central.
TDSPs charges and fees will show up on your bill in a couple ways - monthly fixed amounts, and per kWh amounts. These TDSP fees will be applied to your bill no matter who your provider is. Payless Power doesn't really have any control over these fees at all, and if you change providers, you'll still have to pay them.
What are the TDSP Fees / Charges on your Payless Power bill?
These are fees charged by your utility, and are present regardless of which electricity provider you have chosen.
Fees from the utility, not the retail electricity provider
TDSP fees can be a fixed charged per bill, or a variable charge based on how much electricity you used during that period. There are a few providers that offer "bundled" rates, which include these fees in their Energy Charge. In bundled rates, your actual average rate will not change during the course of your contract (assuming the plan has no monthly charge).
Some of the TDSP fees you may be charged are:
- Customer Charge
- Distribution Cost Recovery Factor
- Distribution System Charge
- Energy Efficiency Cost Recovery Factor
- Metering Charge
- Nuclear Decommissioning Fee
- PUC Assessment
- System Restoration Charge
- Transition Charge (1-5)
- Transmission Cost Recovery Factor
- Transmission System Charge
The TDSP fees charged and their amounts will vary depending on which TDSP services your area. As of May 2018, Oncor has the lowest per-bill charge at $5.25, while AEP-North has the highest, at $10.53 per bill. TNMP has the lowest average usage charges, at around 3.3¢/kWh, and CenterPoint is the highest, around 4.1¢/kWh.
Electric companies generally have the same energy charge applied, no-matter which TDSP the plan is in. The difference in the TDSP fees are the reason the same plan can cost around a penny higher in CenterPoint vs TNMP.
ESI ID (Electric Service Identifier)
This is the unique identifier of the electricity meter for your address. If you have multiple meters (one for the house, one for the shed) you will have multiple ESI IDs. Each ESI ID will generally get it's own bill, unless your current provider offers some sort of combined billing.