WHAT ARE PAY-AS-YOU GO ELECTRIC PLANS?
Tired of Texas electric bill surprises at the end of each month? Want to take greater control of your electric usage? If so, a pay-as-you-go electricity plan might be right for you.
Instead of an end-of-the-month bill that can shock your wallet, a pay-as-you-go plan — sometimes called a prepaid electricity plan — gives customers the freedom of seeing their actual utilization throughout the month. Simply deposit a balance to your account (much like a debit card) and your usage is deducted.
Payless Power sends electricity consumption notifications and account balance updates through easy text messages or email alerts. Then, assess and decrease your power usage to save money. You can enable an autopay feature to top off your account when the balance gets low, or you can use our online portal to add to your balance on the spot from a phone or computer.
At Payless Power, the goal is to deliver Texas residents affordable electricity rates. Whether in Dallas, Houston, or Corpus Christi, Payless Power can give you reliable energy at a reasonable price with a pay-as-you-go electricity plan.
Pay-as-you-go electric plans vs. contract plans
With contract plans — also known as postpaid plans — consumers sign a contract to receive electric service. This kind of plan often requires a credit check and a hefty initial deposit.
Customers typically receive a monthly bill and have a window of time to pay, which may cause hardship if the payment deadline falls when many other bills are due. Failure to pay usually results in a late fee and notice of impending service disconnection, which electricity companies enforce if the bill isn’t paid.
Pay-as-you-go plans are advantageous in comparison, with the required “deposit” serving as the prepayment balance to begin service. Electricity is issued at a prespecified amount based on your estimated usage (in kilowatt-hours) and is recorded by a smart meter.
Payless Power has no deposit, credit check, or long-term contract. Everyone is approved, and you can manage usage and when and how you pay. The easy payment options are highlighted below.
Benefits of Pay-As-You-Go
Among the long list of benefits from a pay as you go plan, some of the top advantages Payless Power customers can enjoy include:
- An easy auto pay option – Customers can set a predetermined amount, withdrawn from your credit or debit card to add to your account balance when it’s getting low. Similar to a toll pass sticker on your car, it’s a hassle-free way to pay your bill. The set-it-and-forget-it auto pay option keeps your electricity on without worrying about a negative balance and interrupted service.
- Bill pay anytime at your fingertips – Payments can be made online, via our app, over the phone, or in person with cash at any Moneygram location in the country.
- Managing electricity usage and reducing costs – Payless Power sends you usage and low-balance alerts, so you can adjust your consumption and reap the benefits of real cost savings. Just bump up the air conditioning thermostat a couple degrees or make an effort to turn off lights that aren’t in use. Because you get frequent usage alerts, there are no surprises on costs or interruption of service.
Other Benefits of Switching to Payless Power
In addition to offering flexible pay-as-you-go options and allowing you to sign up with no deposit and no credit check, Payless Power also avoids a lot of other hidden or surprise fees other retail electric providers charge.
| FEES & SURCHARGES | PAYLESS POWER | OTHER COMPANIES |
| Late Payment Fees | NO | 5% late fee |
| Payment Assistance Fees | NO | $4.95 per instance |
| Customer Service Fees | NO | $4.95 per instance |
| Summary Bill Fees | NO | $4.95 per instance |
| Disconnect Notice/Letter Fees | NO | $19.95 per instance |
| Disconnect Recover Fees | NO | $29.95 per instance |
| Reconnect Recovery Fees | $25 per instance | $29.95 per instance |
| Priority Connection Fees | NO | $9.95 per instance |
| Fees To Make-A-Payment | NO* | $4.95 per instance |
| Auto-Pay Unenrollment Fees | NO | $19.95 per month |
| Fees For A Copy Of Your Statement/Bill | NO | $2.00 per copy request |
| Additional Fee To Connect Or Switch Service | NO | $15.00 |
*See Terms of Service
How to Sign Up
Signing up for a Texas electricity plan is easy with the Payless Power customer portal. Just enter your zip code to explore the plans. Simply choose the amount of electricity you need and load a minimum balance to start your service. Whether you select auto pay or another pay as you go option, you can optimize your savings by conserving energy and staying on top of your costs without the worry of a big end-of-the-month bill.
At Payless Power, the initial cost of an electricity account is $40, which goes directly toward your balance. According to data from the US Energy Information Administration, customers who use Payless Power’s services have been found to have an electric bill that is 27% lower than the average Texas customer’s. Pay as you go electricity plans make bill pay easy and can help you reduce your usage and save you money.
How Much Energy Does A Typical Texas Home Use?
With pay-as-you-go plans, you prepay for your own predetermined energy needs for the month at a fixed rate. To do this, you must know your home’s monthly electricity use in kilowatt-hours (kWh).
The national average kWh per month in the United States is around 900 kWh. However, the warmer climate in Texas often results in higher energy consumption.
A Texas homeowner can typically expect to use between 1,000 and 1,500 kWh per month for an average-sized home.
How Does Pay-As-You-Go Electricity Save You Money?
With pay-as-you-go plans, you prepay for your own predetermined energy needs for the month at a fixed rate. To do this, you must know your home’s monthly electricity use in kilowatt-hours (kWh).
A key benefit of pay-as-you-go lies in not overpaying for energy you don’t use. Pay-as-you-go allows you to specify and pay for the energy you actually use. Use Payless Power’s frequent usage alerts to adjust your energy usage and maximize cost savings.
