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
36 Month Fixed Rate
36 month
Fixed Rate
16.4¢ / kwh
at 1,000 kWh per bill
24 Month Bill Credit
24 month
Bill Credit
12.8¢ / kwh
at 1,000 kWh per bill
Pre-paid
1 month
Pre-paid
21.1¢ / kwh
at 1,000 kWh per bill
$40 min balance
12 Month Bill Credit
12 month
Bill Credit
14.4¢ / kwh
at 1,000 kWh per bill
  • Very low rate!
  • Good for medium homes
  • 12 months of bill security
  • 24 Month Fixed Rate
    24 month
    Fixed Rate
    17.6¢ / kwh
    at 1,000 kWh per bill
    24 Month Fixed Rate
    24 month
    Fixed Rate
    17.6¢ / kwh
    at 1,000 kWh per bill
  • Two Year Price Protection
  • All Around Great Value
  • 24 Month Bundled Rate
    24 month
    Bundled Rate
    17.5¢ / kwh
    at 1,000 kWh per bill
  • No Monthly Charge
  • No Usage Restrictions
  • 12 Month Fixed Rate
    12 month
    Fixed Rate
    19.4¢ / kwh
    at 1,000 kWh per bill
  • No Pricing Gimmicks
  • Great for any size home
  • 12 Month Bundled Rate
    12 month
    Bundled Rate
    19.9¢ / kwh
    at 1,000 kWh per bill
  • Your rate won't vary if you use more or less
  • No hidden charges or gimmicks
  • Low deposit requirements
  • 24 Month Flat Rate
    24 month
    Flat Rate
    21.8¢ / kwh
    at 1,000 kWh per bill
    No Deposit No Credit Check
    12 month
    Pre-paid
    21.1¢ / kwh
    at 1,000 kWh per bill
    $40 min balance
  • Instant approval regardless of credit history
  • No Credit Check & No Deposit
  • Same-Day power connection with no deposit required