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.
These plans are good if you need a low deposit to get started Katy, TX
|12 Month Fixed||
||12 months||Entrust 12||
See all Entrust Energy plans
Entrust Energy | PUCT 10197
||24 months||Weekends on Command 24||
*Offer valid for new residential customers in Texas only. Provisioned smart meter required. If you cancel your plan early there's a fee of $135. This plan does not have a Device Recovery Fee. Please allow 4-6 weeks for delivery of your Echo Dot. Free power begins on Fridays at 6:00 PM and ends Sunday at 11:59 PM.
See all Direct Energy plans
Direct Energy | PUCT 10040
How do I get the best electricity rate?
Select the best match for your monthly electricity usage (in kwh):
500 1,000 2,000
- Find a plan below that fits your lifestyle
- Click the company logo to research and review
- Click "Sign Up Now"
Electricity plans to fit your lifestyle:
Click below to see Electricity Provider reviews:
Champion Energy Services
First Choice Power
First Point Power
Green Mountain Energy