12 Month - Prepaid Reviews & Rates | Order Online

12 Month - Prepaid is a 12 month electricity plan from Payless Power with rates from 14.4 to 19.3 cents per kWh.

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.

The Monthly Recurring Charge is 0.00, and the Early Termination Fee is 99.

cheapest Payless Power Electricity rates and plans in Texas

Rates by City

Dallas Houston Abilene Corpus Midland
Rate @500kwh 17.6¢ 16.5¢ 18.3¢ 18.1¢ 19.3¢
Rate @1000kwh 17.2¢ 16.1¢ 17.8¢ 17.7¢ 18.5¢
Rate @2000kwh 15.5¢ 14.4¢ 16.1¢ 15.9¢ 16.6¢
Monthly Recurring Charge 0.00 0.00 0.00 0.00 0.00
Early Termination Fee 99 99 99 99 99
Electricity Facts Label EFL EFL EFL EFL EFL
Your Rights as a Customer YRAAC YRAAC YRAAC YRAAC YRAAC
Terms of Service TOS TOS TOS TOS TOS

Rates for the 12 Month - Prepaid plan vary by region, due to different infrastructure configurations in various areas. Find your nearest major city, and click 'Check Availability' to verify your address can be served.

Texas law requires that Payless Power present three 'average' rates to the user, telling you the average cost per kWh at three usages: 500 kWh per month, 1000 kWh per month, and 2000 kWh per month.

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.

Plan Feature Summary

This table summarizes the plan features of 12 Month - Prepaid.

Plan Features Has feature
Fixed Energy Charge
Bill Credits
Even Billing
Free Energy
Renewable Green Energy
Solar Buyback
Pre-paid/No Deposit
Requires Paperless
Smart Thermostat

Who Should Buy 12 Month - Prepaid

We recommend 12 Month - Prepaid for customers in the categories listed below:

Plan Suitability
Good For EV Charging
Good For Apartments
Good For Average House
Good For Large House
Good For Homeowners
Good For Renters

How To Order

SIgning up for 12 Month - Prepaid is easy and only takes a few minutes. Click the 'Check Availability' button for the area you live in, and you can complete the order online in our secure cart.

To order 12 Month - Prepaid by phone, contact Payless Power at 888-620-3978

You do not have to contact your existing provider to cancel service. Payless Power will take care of all the details to start your service.

Other Plans from Payless Power

Compare these other plans.

Name Term Pros
6 Month - Prepaid 6 Months No deposit, locked in rate for 6 months without fluctuations, a somewhat flat rate across usage tiers. $30 bill credit for under 500 kWh of usage.