Compare Payless Power Rates

Author:
Vernon Trollinger
Editor:
Tim Wasson
Last Updated:
2-14-2025

Payless Power has 2 electricity plans with rates starting at just 19.7 ¢/kwh with contract lengths of 6, and 12 months.

According to Payless Power customer reviews, the best part about Payless Power is 'Order Experience' and the worst part is 'Plans & Pricing'.

Payless Power achieved a rating of 4.3 out of 5 by Texas Electricity Ratings, earning them a Gold Tier Award.

cheapest Payless Power Electricity rates and plans in Texas
Pre-paid
provider name gold rating
18.7 ¢ effective rate per kWh

6 Month

  • 6
  • monthsmo.
  • Avg. BillAvg.
  • $187
Plan Details
6 Month Details
  • Early Termination Fee: $99
  • pre-paid
  • 6 Months
(Note: The Early Termination Fee will not be charged if you end your contract early because you are moving out.)
Pricing Details
Monthly Usage 500 kWh 1000 kWh 2000 kWh
Estimated Bill $96 $187 $350
Average Price Per kWh 19.100¢ 18.700¢ 17.500¢
Rates as of Feb 21, 2025 at 08:25 AM

Our Take on Payless Power

Our Rating:
help
How We Rate

We aggregate data from multiple sources, including our customer reviews, rates, Public Utility Commission statistics, JD Power ratings, Better Business Bureau, and surveys.

Payless is the go-to pre-paid no-deposit electricity provider in Texas. They have been at it the longest, have survided some of the toughest business conditions and remain standing. On top of their resilience, they have the best technology for customers to manage their account.

Short answer - yes - they've been one of our top 5 best provider in Texas 4 times over the last 8 years. If you need to get power on and have a little as $75. you can get your power on tonight. And that's as simple as it gets. They offer slightly higher rates, but that's the trade you make for not paying a deposit.

Payless Power has been on our "Best in Texas" list 4 times. Because they get the simple stuff. Easy connection, great tech (App, messaging, etc) They can get your lights on on in a couple hours, without a deposit. Simple, fast, easy.

Customers praise the ease of use, but feel minimum balance charges and rates are too high.
Pros
  • thumb_up4 times on our "Best Texas Electricity Companies" List
  • thumb_upNo Deposit required to Turn on Lights
  • thumb_upApp to manage Account
Cons
  • thumb_downHigher than post paid rates

Payless Power Customer Reviews

Payless Power Ratings
Overall Rating
Average Rating
3.2/5 of 188 Reviews
Plans & Pricing
Order Experience
Customer Service
Account Management
Likely to Recommend
Customer service
Overall Rating:
Plans & Pricing
Order Experience
Customer Service
Account Management
Likely to Recommend

Excellent

— April from Houston, TX on November 30th, 2022
Customer Reviews

Payless Power Electricity Plans

Houston - Centerpoint Service Area Plans

Plan Term Rate
12 Month 12/months 18.7¢/kWh
6 Month 6/months 18.7¢/kWh
Rates as of Feb 21, 2025 at 08:25 AM

Dallas - Oncor Service Area Plans

Plan Term Rate
6 Month 6/months 18.6¢/kWh
12 Month 12/months 19.2¢/kWh
Rates as of Feb 21, 2025 at 08:25 AM

Lubbock - LPL Service Area Plans

Payless Power Plan Analysis

12 Month

More Information
Our Rating:
Plan Term: 12 Months
Plan Type: Pre-paid

This is a good plan for folks who are looking to establish and rebuild their credit. It's got pretty fair electricity rates, locked in for 12 months, but it also comes with the advantage of not having any pricey deposits, as well as not being vulnerable to the pricing fluctuations that come with variable plans. It's good for renters, with a $15 bill credit for customers who use less than 500 kWh a month, but the rate for customers who use OVER 2000 kWh a month isn't bad either. This plan could be good for young people getting their first place, or even folks looking to a power a big home while they're trying to sell it, there's a lot of interesting fits for this plan to certain customers. The $99 early termination fee isn't bad either. That being said, there is a $1 per day recurring charge, which will add between $28 and $31 dollars a month to a customers bill.
thumb_upPros:
No deposit, locked in rate for 12 months without fluctuations, a somewhat flat rate across usage tiers, $15 bill credit for under 500 kWh of usage.
thumb_downCons:
The rates are high, and there's a 1 dollar a day charge, or $28-31 dollars a month in recurring charges.

6 Month

More Information
Our Rating:
Plan Term: 6 Months
Plan Type: Pre-paid

This is a good plan for folks who are looking to establish and rebuild their credit. It's got pretty fair electricity rates, locked in for 6 months, but it also comes with the advantage of not having any pricey deposits, as well as not being vulnerable to the pricing fluctuations that come with variable plans. It's good for renters, with a $15 bill credit for customers who use less than 500 kWh a month, but the rate for customers who use OVER 2000 kWh a month isn't bad either. This plan could be good for young people getting their first place, or even folks looking to a power a big home while they're trying to sell it, there's a lot of interesting fits for this plan to certain customers. The $99 early termination fee isn't bad either. That being said, there is a $1 per day recurring charge, which will add between $28 and $31 dollars a month to a customers bill.
thumb_upPros:
No deposit, locked in rate for 6 months without fluctuations, a somewhat flat rate across usage tiers. $15 bill credit for under 500 kWh of usage.
thumb_downCons:
The rates are high, and there's a 1 dollar a day charge, or $28-31 dollars a month in recurring charges.

Frequently Asked Questions About Texas Electricity

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