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
12 Month Fixed Rate
12 month
Fixed Rate
12.3¢ / kwh
at 1,000 kWh per bill
24 Month Fixed Rate
24 month
Fixed Rate
12.3¢ / kwh
at 1,000 kWh per bill
12 Month Fixed Rate
12 month
Fixed Rate
14.2¢ / kwh
at 1,000 kWh per bill
24 Month Bill Credit
24 month
Bill Credit
14.5¢ / kwh
at 1,000 kWh per bill
12 Month Fixed Rate
12 month
Fixed Rate
16.5¢ / kwh
at 1,000 kWh per bill
24 Month Fixed Rate
24 month
Fixed Rate
16.5¢ / kwh
at 1,000 kWh per bill
36 Month Fixed Rate
36 month
Fixed Rate
16.9¢ / kwh
at 1,000 kWh per bill
60 Month Fixed Rate
60 month
Fixed Rate
16.9¢ / kwh
at 1,000 kWh per bill
36 Month Fixed Rate
36 month
Fixed Rate
17.5¢ / kwh
at 1,000 kWh per bill
36 Month Fixed Rate
36 month
Fixed Rate
17.6¢ / kwh
at 1,000 kWh per bill
Pre-paid
6 month
Pre-paid
17.9¢ / kwh
at 1,000 kWh per bill
$40 min balance
36 Month Fixed Rate
36 month
Fixed Rate
17.9¢ / kwh
at 1,000 kWh per bill
12 Month Fixed Rate
12 month
Fixed Rate
17.9¢ / kwh
at 1,000 kWh per bill
Pre-paid
12 month
Pre-paid
18.4¢ / kwh
at 1,000 kWh per bill
$40 min balance
12 Month Fixed Rate
12 month
Fixed Rate
19.1¢ / kwh
at 1,000 kWh per bill
12 Month Fixed Rate
12 month
Fixed Rate
19.5¢ / kwh
at 1,000 kWh per bill
12 Month Fixed Rate
12 month
Fixed Rate
20.3¢ / kwh
at 1,000 kWh per bill
24 Month Fixed Rate
24 month
Fixed Rate
20.4¢ / kwh
at 1,000 kWh per bill
12 Month Fixed Rate
12 month
Fixed Rate
20.9¢ / kwh
at 1,000 kWh per bill


Click below to compare Electricity Rates in several Texas cities: