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Key Points
- Energy plans typically require an upfront deposit from customers who don’t meet specific credit requirements set by providers.
- Certain Texas light companies have no credit check or requirements, which can help you skip the upfront security deposit.
- Most no-deposit electricity plans require you to pay for a portion of your electricity in advance and reload your account as needed.
- Call the number on your screen to speak with an energy expert and learn more about no-deposit options.
Payless Power’s top no-deposit electricity plans
No-deposit electricity plan FAQs
Generally, no-deposit electricity plans do not include credit checks. However, if you sign up for a traditional (non-prepaid) plan, SaveOnEnergy will run a soft credit check, which does not affect your credit score.
You can get the energy deposit waived by the majority of Texas energy providers if you meet their credit threshold. Otherwise, companies like Payless Power, Acacia Energy, BKV Energy, and Amigo Energy offer prepaid plans for shoppers with low credit who want to avoid paying a deposit.
Payless Power offers six-month and 12-month prepaid energy plans on our marketplace. Explore these options by entering your ZIP code on our free marketplace. We’ll show you a range of affordable energy plans in your area, so you can compare your options and sign up for the best electricity plan for your home.
Some providers offer same-day connection if your house has a remotely activated smart meter. Once you have completed the enrollment process, you can enjoy your new energy plan right away.
Call the number on your screen to speak with one of SaveOnEnergy’s energy experts. They can answer your questions and match you with the best electricity companies in Texas with no deposit requirement.