No Deposit Electricity in Plano

Your Plano No Deposit Electric Company

No Credit Check Required + Same-Day Connection

Moving to a new home or apartment or switching electricity providers doesn’t have to be a painful process. Plano residents have many options when it comes to electric companies, but that decision could come at a cost — from hefty deposits to lengthy approval processes. If you need the lights on fast or if you’re wanting to save money on electricity, it might be time to get a no deposit energy plan from Payless Power.

Cheap No Deposit Plans with No Credit Check in Plano, TX

With Payless Power, your credit history is a concern of the past. Our no deposit plans don’t require any credit checks and offer a quick turnaround time — our customers in Plano often receive instant approval and same-day connection! The small connection fee you pay in advance goes directly toward the cost of your electricity and nowhere else.

Payless Power, a Fort Worth-based electricity company, is dedicated to providing all Texans with simple, affordable electricity with no gimmicks and no hurdles. Your payment history shouldn’t exclude you from enjoying reliable power for your lights, appliances, heat, air conditioning, and everything that makes your home a comfortable space.

Benefits of No Deposit Electricity for Plano Residents

No deposit plans are often called prepaid electricity (or pay-as-you-go plans), since you pay in advance. Just like charging your battery to use a mobile device, customers “charge up” a Payless Power account by adding funds first, then use the electricity already paid for. As one customer noted, it’s simple: “Pay money, get power.”

With money back in your pocket and time back in your schedule, you’ll soon discover the benefits of Payless Power’s no deposit electricity plans. Setting up prepaid electricity for your Plano home means:

• No credit check, required ID, or lengthy approval process
• Easy, cheap connection with no money up front except for a small balance toward electricity costs to get started
• Daily monitoring from your phone or email with notifications on account balance
• Alerts that help you see how much power you’re using, allowing you to reduce consumption and save money
• Hassle-free payments by phone, online, or in person with a credit card, check, or cash
• A convenient auto pay option to add funds on a scheduled date or when funds get low
• No huge lump-sum, month-end bill that’s difficult to cover with the fear of electricity getting turned off

Short-Term Electricity Plans at a Fixed Rate

Many electric companies offer their lowest rates for their longest contracts (some up to 60 months!), leaving you with expensive cancellation fees if you have to move or switch providers in addition to an upfront deposit. 

Payless Power instead offers two fixed-rate, no deposit electricity plans — six months and 12 months — with a set price per kilowatt-hour (kWh) for the length of the contract. After you’ve saved money with no deposit, Payless Power’s short contracts also mean you get greater flexibility so you’re not stuck for a long time in a plan that may not be right for you.

You may see slight fluctuations on your bill depending on variations in your unique monthly energy usage, but the price per kWh on a fixed-rate plan remains constant for the duration of your contract. To estimate your energy usage and bills, read your Electricity Facts Label (EFL) and multiply that by the current price per kWh for Plano.

Plano Residents: Save with No Deposit Electricity

With Payless Power’s no deposit plan options, it’s easy to get fast, affordable electricity to your home in Plano. Your credit history won’t keep you from finding an electricity plan with customizable daily, weekly, and monthly payment options. Payless Power helps ease the burden of finding a flexible, fixed-rate plan that works for our customers.

Find freedom in energy consumption and payment dates with Payless Power’s no deposit electricity plans. Find your perfect no deposit plan today by simply entering your zip code today!