12 Month - Prepaid Reviews & Rates | Order Online

12 Month - Prepaid Review

Plan Rating

Based on features, terms, and pricing, 12 Month - Prepaid earned a rating of 3 / 5 stars.

Pros and Cons

Pros: No deposit, locked in rate for 12 months without fluctuations, a somewhat flat rate across usage tiers, $30 bill credit for under 500 kWh of usage. Cons: The rates are high, and there's a 2 dollar a day charge, or $56-62 dollars a month in recurring charges.

Our Review

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 $30 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 $2 per day recurring charge, which will add between $56 and $62 dollars a month to a customers bill.

Who should buy this plan

We won't mince words, Payless Power plans are good for customers who are attempting to build or rebuilt their credit. The plans come with no deposits, although they do have to deposit money into the pre-paid account to start electricity service. These plans are good for folks trying to avoid big deposits, or who have really low monthly usage.

Special Features

$30 bill credit at under 500 kWh of usage. No Deposit.

More Details

The Price Per kWh, including TDSP/TDU transmission fees are included (bundled) into the final rates, so no surpsies. There is a $2 per day recurring charge, which will at $56-62 dollars a month to the bill, depending on the month of the year. The early termination fee is $99 regardless of time left on the contract. The rate is fixed for 12-months, so no price fluctations will effect the bill on a month to month basis like a variable plan. The plan is 25% renewable energy.