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 Flat Rate
24 month
Flat Rate
22.4¢ / kwh
at 1,000 kWh per bill
12 Month Flat Rate
12 month
Flat Rate
21.9¢ / kwh
at 1,000 kWh per bill
24 Month Bill Credit
24 month
Bill Credit
17.8¢ / kwh
at 1,000 kWh per bill
12 Month Bill Credit
12 month
Bill Credit
22.0¢ / kwh
at 1,000 kWh per bill
12 Month Bill Credit
12 month
Bill Credit
18.8¢ / kwh
at 1,000 kWh per bill
24 Month Bill Credit
24 month
Bill Credit
12.0¢ / kwh
at 1,000 kWh per bill
36 Month Bill Credit
36 month
Bill Credit
18.4¢ / kwh
at 1,000 kWh per bill
24 Month Bill Credit
24 month
Bill Credit
12.0¢ / kwh
at 1,000 kWh per bill
36 Month Bill Credit
36 month
Bill Credit
17.4¢ / kwh
at 1,000 kWh per bill
12 Month Bill Credit
12 month
Bill Credit
11.9¢ / kwh
at 1,000 kWh per bill
12 Month Bill Credit
12 month
Bill Credit
14.6¢ / kwh
at 1,000 kWh per bill
  • Very low rate!
  • Good for medium homes
  • 12 months of bill security
  • 24 Month Bundled Rate
    24 month
    Bundled Rate
    15.5¢ / kwh
    at 1,000 kWh per bill
  • No Monthly Charge
  • No Usage Restrictions
  • 24 Month Bill Credit
    24 month
    Bill Credit
    17.4¢ / kwh
    at 1,000 kWh per bill
    12 Month Bundled Rate
    12 month
    Bundled Rate
    16.5¢ / 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
    Pre-paid
    6 month
    Pre-paid
    20.3¢ / kwh
    at 1,000 kWh per bill
    $40 min balance
    Pre-paid
    12 month
    Pre-paid
    20.4¢ / 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