Payless Power is a Texas electricity provider specializing in prepaid electricity plans. The organization was founded in 2005 to bring affordable electricity to those with poor credit.
Since then, Payless Power has grown to be a major player in the Texas electricity market, providing both fixed-rate and variable-rate prepaid electricity plans. The company focuses on "no-surprise" pricing, helping the customer avoid hidden/excessive charges.
Payless Power Energy Offerings
Payless Power offers two different types of prepaid electricity plans:
- Fixed-Rate Prepaid Plan – Your energy rate and the terms of your contract will stay the same for the duration of the electricity plan. There is an early termination fee.
- Variable-Rate Prepaid Plan – Your energy rate can change each month based on market factors. There is no early termination fee for this plan.
Both of these plans have a discounted version as well. To get it, you must enroll with the plan and have Autopay enabled for the duration of your service.
Payless Power Ratings & Reviews
Earning a Provider Score of 3.79/5, Payless Power won the Best Prepaid Electricity Provider category on our list of the Best Texas Electricity Providers for 2022. This is the result of over 15 years of offering great prepaid electricity plans to Texans.
Prepaid Electricity Plans
Payless Power offers prepaid electricity plans that don't require a credit check or security deposit. This makes Payless a particularly great option for those with poor credit.
Great Customer Reviews
Payless Power has earned thousands of five-star reviews through Google. Many of these reviews mention the ease and speed of using its service.
No Deposit Electricity Plans
Prepaid electricity plans are electricity plans where you pay upfront for the electricity you will use throughout the month. These plans are sometimes referred to as no-deposit plans because they don't require a security deposit.
With Payless Power's prepaid plans, you can monitor your electricity usage and add more electricity at any point through Payless Power's portal. You can also set up text and email alerts that will help you monitor your electricity consumption throughout the month.