Prepaid Electricity: What Is It and How Does It Work?
Written by Luke Daugherty
Edited by Jamie Cesanek
Last updated 01/04/2024
Key Points
- Prepaid electricity plans allow you to pay for electricity usage upfront rather than receiving a bill based on your monthly consumption.
- With prepaid plans, you can skip the credit check and security deposit and pay for energy as you go.
- To explore prepaid electricity options on the SaveOnEnergy marketplace, enter your ZIP code and select the filter for no-deposit plans.