Payless Power
12 Month - Prepaid - No Deposit & No Credit Check
Rate
19.00¢
Term
12 Months
$1000 kWh
$190
Rates as of June 2026 · verify on the EFL
- ✓ 26% green
- ✓ No deposit / no credit check
2 plans
No-Deposit Electricity Plans
Get the lights on without a credit check or upfront deposit.
Top picks
Our top 2 no-deposit plans.
Payless Power
6 Month - Prepaid -No Deposit & No Credit Check
Rate
19.10¢
Term
6 Months
$1000 kWh
$191
Rates as of June 2026 · verify on the EFL
- ✓ 26% green
- ✓ No deposit / no credit check
Related
Learn before you switch
Before you sign a contract, these are the guides we'd read.
Moving
Moving in Texas: How to Set Up Electricity
Same-day power is possible — if you do these four things before the move.
6 min read
Decision
How to Choose a Texas Electric Company (Without the Tricks)
The cheapest rate on the page is rarely the cheapest plan. Here's how to read a Texas electricity offer — what to check, what to ignore, when to wait.
10 min read
Shopping
Understanding the Electricity Facts Label (EFL)
The EFL is the single most important document in Texas electricity shopping. Here’s how to decode it.
6 min read
Savings
How to Lower Your Electric Bill in Texas
Practical changes — and the ones that are just marketing — to cut your monthly bill.
7 min read
FAQ
Common questions.
How do no-deposit plans work?
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Two flavors: prepaid plans (you load a balance) and soft-pull plans (no hard credit check). Both skip the $200–$400 deposit most Texas providers require for a standard plan.
Are rates higher on no-deposit plans?
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Slightly — currently 12.2–12.3¢/kWh higher than the absolute market low, based on today's snapshot. The tradeoff is same-day activation and no credit impact.
Ready to pick a no-deposit plan?
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How enrollment works
You pick the plan here. Enrollment finishes on our secure checkout — same rate, no markup. If you'd rather skip the ZIP entry, Live Link pulls your real usage from Smart Meter Texas in about 30 seconds. Same plans, same checkout, less typing.