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
24 Month Bill Credit
24 month
Bill Credit
15.6¢ / kwh
at 1,000 kWh per bill
12 Month Bill Credit
12 month
Bill Credit
19.1¢ / kwh
at 1,000 kWh per bill
12 Month Bill Credit
12 month
Bill Credit
17.9¢ / kwh
at 1,000 kWh per bill
24 Month Bill Credit
24 month
Bill Credit
9.2¢ / kwh
at 1,000 kWh per bill
12 Month Flat Rate
12 month
Flat Rate
20.5¢ / kwh
at 1,000 kWh per bill
24 Month Flat Rate
24 month
Flat Rate
19.6¢ / kwh
at 1,000 kWh per bill
36 Month Bill Credit
36 month
Bill Credit
17.1¢ / kwh
at 1,000 kWh per bill
12 Month Bill Credit
12 month
Bill Credit
9.2¢ / kwh
at 1,000 kWh per bill
Pre-paid
6 month
Pre-paid
16.5¢ / kwh
at 1,000 kWh per bill
$40 min balance
Pre-paid
12 month
Pre-paid
16.5¢ / 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