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




Plan Name
Company
/
Rating
Length
Price
Est Avg Bill
Good Value
12 months
9.0¢ / kwh
at 1,000 kWh per bill
$110 est. avg. bill
Based on a yearly usage curve averaging 0 kWh per month
  • No Minimum Usage Charge!
  • Great Rates for Any Size Home!
  • Bill Credits at 1k and 2k usage!
  • 12 months
    6.1¢ / kwh
    at 1,000 kWh per bill
    $113 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • 100% Texas Renewable Energy
  • $90 Bill Credit at 1k KWH
  • No Monthly Service Charge
  • 12 months
    6.3¢ / kwh
    at 1,000 kWh per bill
    $116 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    5.7¢ / kwh
    at 1,000 kWh per bill
    $116 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • Very low rate!
  • Good for medium homes
  • 12 months of bill security
  • 24 months
    8.1¢ / kwh
    at 1,000 kWh per bill
    $131 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • Good for medium-sized homes
  • Rate Includes $85 in bill credits
  • NEW ENROLLMENTS ONLY!
  • Support Charities
    12 months
    8.5¢ / kwh
    at 1,000 kWh per bill
    $103 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • Low Average Bill
  • Donates to Charity
  • Good for Medium Homes
  • Bill Credit Plan
    12 months
    5.7¢ / kwh
    at 1,000 kWh per bill
    $132 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    7.5¢ / kwh
    at 1,000 kWh per bill
    $111 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    8.9¢ / kwh
    at 1,000 kWh per bill
    $164 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • Enjoy a low fixed rate and stay cool this summer!
  • 12 months
    7.5¢ / kwh
    at 1,000 kWh per bill
    $125 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • Best for medium size homes
  • No fees to switch to Gexa
  • NEW ENROLLMENTS ONLY!
  • 12 months
    7.9¢ / kwh
    at 1,000 kWh per bill
    $174 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • Best for medium size homes
  • NEW ENROLLMENTS ONLY!
  • 12 months
    7.8¢ / kwh
    at 1,000 kWh per bill
    $101 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    6 months
    11.0¢ / kwh
    at 1,000 kWh per bill
    $110 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    24 months
    10.6¢ / kwh
    at 1,000 kWh per bill
    $107 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • Easy to understand pricing
  • No surprises on your bill
  • 24 months
    11.1¢ / kwh
    at 1,000 kWh per bill
    $111 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • 100% Solar Energy
  • Reduce your Carbon footprint
  • No Bill Surprises
  • 36 months
    10.9¢ / kwh
    at 1,000 kWh per bill
    $109 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • Simple, straightforward pricing
  • Price Protection for 3 years
  • 36 months
    11.5¢ / kwh
    at 1,000 kWh per bill
    $115 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    9.9¢ / kwh
    at 1,000 kWh per bill
    $123 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    18 Month Plan
    18 months
    6.7¢ / kwh
    at 1,000 kWh per bill
    $119 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • 100% Texas Renewable Energy
  • $90 Bill Credit at 1k KWH
  • No Monthly Service Charge
  • 24 months
    10.9¢ / kwh
    at 1,000 kWh per bill
    $129 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • 24 month fixed rate plan
  • No base charge, no minimum usage fees
  • 9 months
    11.5¢ / kwh
    at 1,000 kWh per bill
    $115 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • 100% solar without the premium
  • No hidden fees
  • Best-in-class customer care
  • 18 months
    11.2¢ / kwh
    at 1,000 kWh per bill
    $112 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • 100% Solar Energy
  • Reduce your Carbon footprint
  • No Bill Surprises
  • 60 months
    11.3¢ / kwh
    at 1,000 kWh per bill
    $113 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    15 months
    11.4¢ / kwh
    at 1,000 kWh per bill
    $114 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • 100% Texas Renewable Energy
  • Easy, Steady Rate
  • No Monthly Service Charge
  • 12 months
    11.2¢ / kwh
    at 1,000 kWh per bill
    $112 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    24 months
    10.4¢ / kwh
    at 1,000 kWh per bill
    $124 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    24 months
    10.4¢ / kwh
    at 1,000 kWh per bill
    $124 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    9.0¢ / kwh
    at 1,000 kWh per bill
    $110 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    11.8¢ / kwh
    at 1,000 kWh per bill
    $118 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    6.6¢ / kwh
    at 1,000 kWh per bill
    $121 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • Great Plan for Medium Homes
  • $95 Bill Credit at 1k usage
  • 1 year of bill security
  • 36 months
    11.2¢ / kwh
    at 1,000 kWh per bill
    $112 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • Simple, straightforward pricing
  • Price Protection for 3 years
  • 24 months
    11.0¢ / kwh
    at 1,000 kWh per bill
    $110 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • 24 Month Fixed Rate
  • Simple, straightforward pricing
  • A 'People's Choice' favorite
  • 15 months
    10.2¢ / kwh
    at 1,000 kWh per bill
    $102 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    36 months
    11.6¢ / kwh
    at 1,000 kWh per bill
    $116 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • 100% renewable
  • Includes FREE Energy Savings Kit!
  • Super low gree rate
  • 36 months
    11.6¢ / kwh
    at 1,000 kWh per bill
    $116 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • Free Ecobee3 thermostat
  • Monthly Usage ScoreCard
  • 3 Year Price Protection
  • 6 months
    9.8¢ / kwh
    at 1,000 kWh per bill
    $98 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month

    Month-to-Month
    Pre-Paid Plan
    12.7¢ / kwh
    at 1,000 kWh per bill
    N/A check the EFL
  • Prepaid - No Deposit EVER
  • 6 months
    10.0¢ / kwh
    at 1,000 kWh per bill
    $100 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    10.9¢ / kwh
    at 1,000 kWh per bill
    $121 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    24 months
    11.3¢ / kwh
    at 1,000 kWh per bill
    $119 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    Short Term Plan
    6 months
    10.1¢ / kwh
    at 1,000 kWh per bill
    $101 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    10.4¢ / kwh
    at 1,000 kWh per bill
    $139 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • Great for medium and large homes
  • Bill Credits at 1k and 2k usage!
  • 12 months
    11.2¢ / kwh
    at 1,000 kWh per bill
    $112 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • 6 time winner - J.D. Power Award
  • Simple, straightforward pricing
  • No Base Charge or Bill Credit gimmicks
  • 12 months
    11.8¢ / kwh
    at 1,000 kWh per bill
    $118 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    24 months
    11.2¢ / kwh
    at 1,000 kWh per bill
    $112 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • Enjoy price security for 2 full years!
  • No minimum usage charges
  • Popular Provider
    12 months
    8.9¢ / kwh
    at 1,000 kWh per bill
    $106 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • Low rate!
  • Well known brand.
  • 6 months
    7.6¢ / kwh
    at 1,000 kWh per bill
    $111 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    11.2¢ / kwh
    at 1,000 kWh per bill
    $112 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    24 months
    11.5¢ / kwh
    at 1,000 kWh per bill
    $115 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • 100% Renewable Energy
  • Enjoy price security for 2 full years!
  • 24 months
    13.7¢ / kwh
    at 1,000 kWh per bill
    $137 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    24 months
    11.9¢ / kwh
    at 1,000 kWh per bill
    $119 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    24 months
    12.1¢ / kwh
    at 1,000 kWh per bill
    $121 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    10.9¢ / kwh
    at 1,000 kWh per bill
    $109 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    24 months
    11.8¢ / kwh
    at 1,000 kWh per bill
    $118 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    24 months
    10.5¢ / kwh
    at 1,000 kWh per bill
    $110 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    12.2¢ / kwh
    at 1,000 kWh per bill
    $122 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    10.6¢ / kwh
    at 1,000 kWh per bill
    $111 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    36 months
    7.1¢ / kwh
    at 1,000 kWh per bill
    $126 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    10.6¢ / kwh
    at 1,000 kWh per bill
    $126 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    10.6¢ / kwh
    at 1,000 kWh per bill
    $126 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    36 months
    12.4¢ / kwh
    at 1,000 kWh per bill
    $124 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    18 months
    10.8¢ / kwh
    at 1,000 kWh per bill
    $109 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    18 months
    10.4¢ / kwh
    at 1,000 kWh per bill
    $105 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • No Rate Gimmicks
  • Good for any size home
  • 24 months
    10.9¢ / kwh
    at 1,000 kWh per bill
    $109 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    24 months
    10.9¢ / kwh
    at 1,000 kWh per bill
    $109 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    36 months
    10.6¢ / kwh
    at 1,000 kWh per bill
    $106 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    36 months
    11.9¢ / kwh
    at 1,000 kWh per bill
    $119 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    24 months
    11.9¢ / kwh
    at 1,000 kWh per bill
    $132 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    36 months
    10.9¢ / kwh
    at 1,000 kWh per bill
    $109 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    36 months
    10.9¢ / kwh
    at 1,000 kWh per bill
    $109 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    18 months
    11.2¢ / kwh
    at 1,000 kWh per bill
    $112 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    Super Rate
    18 months
    6.5¢ / kwh
    at 1,000 kWh per bill
    $120 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    36 months
    14.4¢ / kwh
    at 1,000 kWh per bill
    $144 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    18 months
    10.7¢ / kwh
    at 1,000 kWh per bill
    $107 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • Super low rate!
  • Great for Medium & Big Homes
  • 12 months
    10.9¢ / kwh
    at 1,000 kWh per bill
    $109 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    15 months
    12.3¢ / kwh
    at 1,000 kWh per bill
    $127 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    11.5¢ / kwh
    at 1,000 kWh per bill
    $126 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    6 months
    13.7¢ / kwh
    at 1,000 kWh per bill
    $137 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    11.2¢ / kwh
    at 1,000 kWh per bill
    $112 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    24 months
    11.4¢ / kwh
    at 1,000 kWh per bill
    $114 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    12.2¢ / kwh
    at 1,000 kWh per bill
    $122 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month

    Month-to-Month
    13.6¢ / kwh
    at 1,000 kWh per bill
    $136 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    11.6¢ / kwh
    at 1,000 kWh per bill
    $116 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • 100% clean, renewable energy
  • Requires Tree Free billing and Auto Pay
  • 12 months
    13.0¢ / kwh
    at 1,000 kWh per bill
    $130 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month

    Month-to-Month
    Pre-Paid Plan
    13.2¢ / kwh
    at 1,000 kWh per bill
    N/A check the EFL
    12 months
    12.1¢ / kwh
    at 1,000 kWh per bill
    $121 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    11.3¢ / kwh
    at 1,000 kWh per bill
    $136 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • Bill Credits cut your bill in summer months
  • Enjoy smaller bills in summer
  • 12 Month Price Protection
  • 24 months
    12.7¢ / kwh
    at 1,000 kWh per bill
    $132 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • ** AutoPay discount included **
  • ** AutoPay discount: 0.5 ยข/kwh **
  • 12 months
    10.9¢ / kwh
    at 1,000 kWh per bill
    $109 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month

    Month-to-Month
    Pre-Paid Plan
    15.5¢ / kwh
    at 1,000 kWh per bill
    N/A check the EFL
    12 months
    11.9¢ / kwh
    at 1,000 kWh per bill
    $119 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    12.6¢ / kwh
    at 1,000 kWh per bill
    $126 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    14.8¢ / kwh
    at 1,000 kWh per bill
    $148 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    15.3¢ / kwh
    at 1,000 kWh per bill
    $143 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    11.6¢ / kwh
    at 1,000 kWh per bill
    $116 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    12.2¢ / kwh
    at 1,000 kWh per bill
    $122 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • Get rewards with Plenti

  • Month-to-Month
    Pre-Paid Plan
    12.8¢ / kwh
    at 1,000 kWh per bill
    N/A check the EFL
    12 months
    13.5¢ / kwh
    at 1,000 kWh per bill
    $135 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month

    Month-to-Month
    16.3¢ / kwh
    at 1,000 kWh per bill
    $163 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • 100% clean, renewable energy
  • Requires Tree Free billing and Auto Pay
  • 12 months
    12.8¢ / kwh
    at 1,000 kWh per bill
    $137 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    13.6¢ / kwh
    at 1,000 kWh per bill
    $136 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    13.0¢ / kwh
    at 1,000 kWh per bill
    $131 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • NEW CUSTOMERS ONLY!
  • 12 months
    14.2¢ / kwh
    at 1,000 kWh per bill
    $142 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    13.6¢ / kwh
    at 1,000 kWh per bill
    $136 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    24 months
    12.9¢ / kwh
    at 1,000 kWh per bill
    $176 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    13.3¢ / kwh
    at 1,000 kWh per bill
    $234 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    15.5¢ / kwh
    at 1,000 kWh per bill
    $155 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
  • Solar Days: 5:00 a.m. through 7:59 p.m. each day
  • 12 months
    15.5¢ / kwh
    at 1,000 kWh per bill
    N/A check the EFL
    12 months
    15.7¢ / kwh
    at 1,000 kWh per bill
    $134 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    14.0¢ / kwh
    at 1,000 kWh per bill
    $150 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    24 months
    15.2¢ / kwh
    at 1,000 kWh per bill
    $152 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    13.6¢ / kwh
    at 1,000 kWh per bill
    $136 est. avg. bill
    Based on a yearly usage curve averaging 0 kWh per month
    12 months
    Pre-Paid Plan
    14.5¢ / kwh
    at 1,000 kWh per bill
    N/A check the EFL