Payless Power is without a doubt the best no-deposit electric company in Texas. They offer simple “no deposit” prepaid electricity plans if you want to avoid paying a deposit, with no credit check and same-day electricity.
Enter your zip code to review and enroll in Payless Power plans with affordable electricity rates, or you can get the same great rate by going directly to the Payless Power site.
To sign up by phone, call a Payless operator directly at 833-734-2511.
Compare Payless to Light Companies in Texas
2 Payless No-Deposit
| Plan Name | Plan Length | Rate |
|---|---|---|
| Payless Power - 6 Month - prepaid | 6 Months | 18.5 ¢/kWh |
| Payless Power - 12 Month - prepaid | 12 Months | 18.9 ¢/kWh |
- *Rates as of 11/18/2024 at 04:55 AM. Based on 1000 kWh in Oncor zone. Enter your zip code above for rates in your area.
Call Payless Power for no-deposit plans directly at 833-734-2511.
0 Reliant Energy Rates (call Reliant for prepaid plan quotes)
| Plan Name | Plan Length | Rate |
|---|
- *Rates as of 11/18/2024 at 04:55 AM. Based on 1000 kWh. Enter your zip code above for rates in your area.
If you need a prepaid plan, you will need to call a Reliant Energy operator at 866-735-1218.
Payless Power energy rates have dropped significantly in the last year and may drop further as temperatures decrease.
Reviews & Ratings
At Home Energy Club, we provide ratings from reputable sources and links to the State of Texas Complaints site, as well as insights from independent third party sites that have no relationship with electricity providers, such as Google and Yelp.
To know how Payless Power fares in comparison with other prepaid light companies in Texas, check out our Texas Electric Companies Reviews main page. You can also find more information on the Public Utility Commission of Texas site.
We use third party information along with our Home Energy Club expertise to determine a Home Energy Club (HEC) rating for retail energy providers.
HEC Rating: 4.6/5
Customer Ratings
Payless has solid ratings on the reviewed categories. Their highest scored category is Billing Quality with a 4.6.
Customer Reviews
Payless Power Prepaid Electricity Plans
To simplify and speed up the process of shopping for Texas energy plans, Payless Power provides instant approval without a credit check, so you can receive same day electricity. Speak with a Payless Energy operator if you have questions at 833-734-2511.
All Payless energy plans require a minimum $40 initial deposit at enrollment to begin service, but this payment goes directly to paying for your energy usage when electric service begins.
These fixed rate plans also have a $2 daily charge on top of your energy spend, but if your usage is lower than 500kWh in a given month, you’ll receive a $30 bill credit to your prepaid account.
Different term lengths often have different price points, so if customers are flexible with the length of the contract, they can find a cheaper rate. No matter which term length you choose, there is no credit check when you apply.
Currently, Payless offers their prepaid energy plans in two term lengths:
6 Month – Prepaid
The prepaid 6 month plan is ideal for energy customers that want to get a fixed rate for the immediate future, along with the flexibility to shop around again when electricity rates might be lower. We recommend this Payless Power plan for apartment, condominium or townhouse renters that don’t want to be locked into an electricity contract longer than their lease.
12 Month – Prepaid
This is the longest term energy plan currently offered by Payless, giving homeowners more rate stability for a year. You can lock in the current rate for 12 months while still paying as you go for your home’s electricity.
When shopping for low-rate electricity or comparing retail electricity providers in your area, read our Electricity Facts Label (EFL) guide to help you learn how to determine the price point an individual plan will offer based on your usage.
Payless Electric Features: No Deposit Lights and More
In addition to being a premier no-deposit light company, Payless Power energy offers many special features to help you manage your energy and save on bills.
Daily Usage Notifications
Payless Power sends regular alerts on text or email about the usage and prepaid electricity balance information. This feature allows you to track and monitor your power usage to achieve maximum savings.
Flexible Payments
With prepaid plans, you have the flexibility of making a deposit monthly, bi-weekly, or even more frequently.
Transparent Pricing
There are no hidden fees on the Payless Power fixed rate plans. What you see on the plan’s EFL is what you get and pay for.
Recharge from Anywhere
With Payless Power, you have the option to recharge your account at any time. Make payments on your phone or computer, or you can pay cash in person.
Savings with Payless Power Promo Codes
Check to see if Payless Power energy promo codes are featured this month and view discount referral codes from other electric suppliers in Texas.
Starting or Renewing a Payless Power Plan
Signing up with Payless Power is pretty simple.
Payless Power caters to customers that have advanced smart meters in Texas to check electric usage in real-time. If a consumer doesn’t have a smart meter installed, Payless Power helps coordinate the process of having one installed.
To renew prepaid plans, simply add funds to the balance of your account.
Switch, Transfer or Cancel Service
If you decide to switch Texas electricity providers at the end of your contract, your new energy company will handle the switch in electric service.
Payless Power service cannot be transferred to a new address, but you can create a new account after moving to the new location.
To cancel your service, call 833-734-2511 and get the final invoice generated to clear the pending payments or get a refund. You may owe an early termination fee if you cancel before the end of your contract term.
Prepaying for Electricity with Payless Power
Payless offers the following bill payment methods:
Report an Outage
Sudden loss of electric supply may disrupt your daily life. Payless Power is a retail energy supplier, not a utility company (TDSP/TDU).
Your TDSP (Transportation Distribution Service Provider) or TDU (Transmission and Distribution Utility), which is responsible for the wires, poles, and other infrastructure, may not be aware of the power outage. You need to report the outage to your TDSP:
- Centerpoint Energy: (800) 332-7143
- Texas New Mexico Power (TNMP): 888-866-7456
- AEP Texas: (866) 223-8508
- Oncor Electric Delivery (formerly TXU): (888) 313-4747
Payless Power Customer Service
You can reach Payless Power’s customer service on Monday – Saturday from 9 am CST – 5 pm CST.
Login Link
Access your account online at the Payless Power login.
Phone Number
Connect with Payless Power by calling 833-734-2511.
About Payless Power
Payless Power offers flexible payment options and same-day electricity for customers looking for low-cost prepaid electricity in Texas.
Business Information
Payless Power’s headquarters in Texas are located in:
P.O. Box 975428, Dallas, Texas 75397
You can reach their corporate headquarters at 833-734-2511.
Deregulated Cities | ||
|---|---|---|
Houston | Dallas | Fort Worth |
Katy | Laredo | Waco |
Midland | Corpus Christi | Frisco |
McAllen | Galveston | Irving |
See all deregulated cities in Texas.
Texas Zip Codes Serviced
Payless Power Frequently Asked Questions
How to get my Payless Power service reconnected?
Service interruption may happen when there is a negative balance. To get the service reconnected, you’ll need to pay the negative balance and an additional $10.
Electricity service will reconnect within 2 hours after you bring the account balance to $10 or more; or, in case of a technical issue with the meter, reconnection will happen only on the next business day.
Does Payless Power send monthly bills?
Payless Power offers prepaid electricity plans, which means you pay in advance for your usage. Thus, you will not receive a monthly bill as with other Texas electric companies. Your smart meter sends the readings to Payless Power, who then sends you the usage information and remaining balance after the daily charges are deducted.
Does Payless offer plans with no deposit required?
Payless Power does not require you to pay a deposit upfront or ask to see your credit history for their energy plans. You can get instant approval for a plan with no ID and no credit check, and receive no-deposit electricity without any extra charges on the same day.
Does Payless disconnect on weekends or holidays?
Payless Power will not disconnect your service on weekends, even if your account balance is low. The same is true for federal holidays when banks are usually not open. On other days, you can request an extension until 5:00 PM if you need extra time to make a payment to your prepaid account.
