Which electric companies have low deposits?


Credit checks and deposits are sometimes an unfortunate reality of ordering electricity. We understand that you just need to get your lights turned on, and we want to help! These 5 companies have generally had fair, consistent deposit amounts. If a low deposit is important to you, we suggest you start with one of these companies.


Can I get a prepaid electricity plan with a fixed rate?


YES YOU CAN! Payless Power has just introduced a prepaid electricity plan with a 12 month fixed rate! This means you won't have any credit check or deposit AND you'll know you have a steady, fixed-rate electric plan for the next year! It's the best of both worlds for anyone who just needs a little help getting into a fixed rate plan.




Plan Name
Company
Length
Price
Rate Stability
12 Month Bill Credit
12 month
Bill Credit
10.4¢ / kwh
at 1,000 kWh per bill
12 Month Bill Credit
12 month
Bill Credit
10.5¢ / kwh
at 1,000 kWh per bill
24 Month Bill Credit
24 month
Bill Credit
10.5¢ / kwh
at 1,000 kWh per bill
12 Month Bill Credit
12 month
Bill Credit
15.3¢ / kwh
at 1,000 kWh per bill
24 Month Bill Credit
24 month
Bill Credit
15.9¢ / kwh
at 1,000 kWh per bill
12 Month Fixed Rate
12 month
Fixed Rate
16.0¢ / kwh
at 1,000 kWh per bill
12 Month Flat Rate
12 month
Flat Rate
17.0¢ / kwh
at 1,000 kWh per bill
Pre-paid
6 month
Pre-paid
17.7¢ / kwh
at 1,000 kWh per bill
$40 min balance
36 Month Fixed Rate
36 month
Fixed Rate
18.1¢ / kwh
at 1,000 kWh per bill
Pre-paid
12 month
Pre-paid
18.2¢ / kwh
at 1,000 kWh per bill
$40 min balance
  • Guaranteed NO DEPOSIT
  • Only pay for what you use
  • Get your power turned on today
  • 12 Month Bill Credit
    12 month
    Bill Credit
    19.6¢ / kwh
    at 1,000 kWh per bill
    12 Month Fixed Rate
    12 month
    Fixed Rate
    19.6¢ / kwh
    at 1,000 kWh per bill
    12 Month Bill Credit
    12 month
    Bill Credit
    19.8¢ / kwh
    at 1,000 kWh per bill
    12 Month Bill Credit
    12 month
    Bill Credit
    20.4¢ / kwh
    at 1,000 kWh per bill
    24 Month Bill Credit
    24 month
    Bill Credit
    20.5¢ / kwh
    at 1,000 kWh per bill


    Click below to compare Electricity Rates in several Texas cities: