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Dallas, TX 75397-5428

Prepaid vs. Postpaid Electricity

Discover the Power To Choose

At Payless Power, we are committed to delivering exceptional value to our customers. We offer a range of flexible and personalized electricity plans designed to meet your unique needs, and the option to select a fixed-rate plan with contracts as short as six months to as long as 36 months.

Payless Power is one of the few electricity providers to offer both traditional (or postpaid) electricity plans – where you are billed for your usage at the end of the month – and prepaid plans, where you pay for your usage in advance. Let’s explore the key differences between prepaid and postpaid electricity so you can choose which plan is right for you. Here are the common features and sign up requirements of each type of plan:

Feature Traditional (Postpaid) Prepaid
Requires a Social Security Number (SSN) X
Requires a Credit Check X
Requires a Deposit Sometimes
Requires Pre-Payment Up Front in
Order to Activate Service
Billing Monthly Invoice Pay As You Go
Late Fees X
Low Variable and Fixed Rates Fixed Fixed
Automated Payments Optional Optional
Terms of Service Varies – up to 36 month 6 and 12 month
Smart Meter Optional Required

Which Plan is Right For You?

Prepaid or Traditional Electricity Service

Now that you know the difference, your decision between prepaid and traditional electricity will depend on your circumstances, financial situation, and preferences. Both have pros and cons, so only you can decide which plan is right for you. Here are a few things in mind.

Pros Prepaid Electricity

Cons of Prepaid Electricity

Pros of Traditional Electricity 

Cons of Traditional Electricity

Hopefully you’ve gained some clarity and now you know which plan works for your unique lifestyle and budget. At Payless Power, we give our customers the power to choose. Whether you select a prepaid or a traditional plan, our electricity plans are straightforward, with no hidden charges or gimmicks that sound too good to be true.

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What our customers are saying

See why our power customers say we're the best electricity provider in Texas!

Affordable and easy to make payments

I was worried about getting electricity for my home through a prepaid company. I was calling around to see different rates then going through all the hassle of credit checks while dropping points each…

Christine M. in Killeen

Happy Customer

I have been with this company for several years and have been very happy since. Even when I moved, they made my usually stressful situation very easy and carefree. I recommend them to everyone that I…

Julia L. in Webster

Long term customer

I have enjoyed the service for 2 years now. In the beginning this service was planned to be temporary but with the service being so effective for me i decided to keep it for the long haul. I’m a happy customer.

Kalandra H. in McKinney