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Read MoreCompare Payless Power Rates
Pre-paid
18.9
¢
effective rate per kWh
6 Month
- 6
- monthsmo.
- Avg. BillAvg.
- $189
Plan Details
Rates as of Oct 18, 2025 at 02:21 PM
Our Take on Payless Power
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
Plans & Pricing
Order Experience
Customer Service
Account Management
Likely to Recommend
Payless Power Electricity Plans
Lubbock - LPL Service Area Plans
Payless Power Plan Analysis
6 Month
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.12 Month
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.Frequently Asked Questions About Texas Electricity
- What is an ESI ID (Electric Service Identifier)
- kWh (kiloWatt-hours)
- Energy Charge
- Average Rate
- Average Bill
- What is a TDU/ TDSP
- What are TDU / TDSP Fees or 'Delivery Charges'
- Credits
- Usage Credits
- Solar Buyback Credits
- Deposit Refund
- Taxes
- Sales Tax
- Fees
- Early Termination Fee (ETF)
- Late Charges
- Disconnect Fees
- Disconnect Notice Fees
- Reconnection Fees
- Monthly Recurring Charge (MRC)
Texas Electricity News
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