Is prepaid electricity cheaper than postpaid?

It really depends. For instance, if you do not want to prepay for electricity up front and are looking to get locked in at a low rate for the entire length of your 1-year rental lease, then a postpaid electricity plan is the best option for you. On the flip side, if you do not have good credit, cannot afford to pay for a deposit up front, and want flexibility on a month-to-month basis, then you should go with a prepaid electricity plan.

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Prepaid Electricity: Save up to 20% on Your Electric Bill

Q: How does prepaid electricity work?

All you need to do is pay for your electricity before you use it, which is why these plans are often referred to as pay as you go plans. They’re popular due to their flexibility and often don’t require credit checks, deposits, or long-term contracts. You just pay for how much electricity you want, and then you go about your routine.

Q: What are the benefits of prepaid electricity?

Pay as you go electricity plans allow consumers to pay for their electricity in advance. The plan, which uses prepayment meters, helps consumers to monitor and control the way they use electricity. This saves on energy costs.

Q: What is prepaid electricity?

Prepaid Electricity is an electricity plan that allows customers to control electricity use by paying before using electricity. Prepaid electricity plans are available in states like Texas and Maryland due to their deregulation laws. Thanks to its flexibility, the plans are known as “pay as you go” plans.

Q: How much can I save with prepaid electricity?

Since there are fluctuations in electricity rates, the amount that you can save is not consistent, or we cannot give you a firm number. But consumer feedback says that they were able to save up to 27% compared to other providers and electricity plans. Payless Power’s ability to access low kilowatt-hour (kWh) rates helps them save automatically. They also notify their customers of their daily usage, which gives them a heads up of how much power they consume and what steps to take to conserve electricity.

Our Texas Prepaid Electricity Plans Offer Reliable Power and the Flexibility You Need

In this economy, reducing household expenses is more important than ever. With our prepaid electricity options, you’re not just signing up for energy; you’re getting flexibility and cost efficiency.

Our plans are designed to provide reliable power without the hassle of long-term contracts, surprise fees, or fluctuating monthly bills. Whether you’re managing a tight budget, moving frequently, or simply want more control over your electricity usage, our prepaid electricity plans are tailored to meet your needs.

Discover the benefits of pay-as-you-go electricity and how it can transform your approach to managing energy costs. Let’s explore how you can take charge of your electricity expenses and enjoy our prepaid plans’ freedom and savings.

The Benefits of Prepaid Electricity

Prepaid energy plans offer a variety of benefits that cater to different lifestyles and budgetary needs. Below, we introduce the key advantages that make prepaid electricity an attractive option for many households.

Prepaid Electricity Saves You Money

Payless Power's prepaid electricity plans in Texas start saving you money from day one. Whether in Dallas, Houston, or one of the hundreds of other cities we serve across the Lone Star State, you'll discover rates that can save you 20% over traditional electric companies. And with daily monitoring, you can take control over how much electricity you're using. Never be surprised when paying your electricity bill again! Prepaid plans put the power back into consumers' hands.

Everyone Is Approved — No Deposit Required

Everyone deserves access to electricity. That's why we don't require a deposit, credit check, or long-term contract, regardless of your prepaid rate plan. Those living in our Texas electricity ZIP code areas are automatically approved for prepaid electricity. We don't use credit score, credit history, or utility payment data to determine your rate. All you need is a Texas address (whether you rent or own), a smart meter (already in a majority of Texas homes), a payment method, an initial balance (not a deposit) that applies to your actual electricity costs, and an online account for usage statements.

Learn more about our no-deposit electricity plans

Monitor Your Usage and Manage Your Budget

Our personalized text and email alerts let you monitor your daily electricity usage, electricity costs, and account balance. You can use your usage alerts to adjust your usage by simply adjusting the AC or turning off the lights. At the end of the month, we'll send a statement detailing your prior month's prepaid electricity payments, charges, and savings history. Choosing autopay, along with account updates, means no more surprise expenses (thanks to your prepaid light and electricity payments).

Quick and Easy Same-Day Connection

Our team is here to get you electricity when you need it! Smart meters allow service connection in just a few hours. Payless Power, your trusted Texas prepaid light company, offers quick connection and sends valuable daily usage stats right to your device. We estimate how many days of electricity are left based on your usage and account balance and alert you if your prepaid balance needs a deposit to maintain service without interruption. It's a win-win-win: cost savings at the start, a no-deposit connection that continues all year, and affordable electricity and flexible payment options!

Discover Savings with Our Energy Calculator

Simplify your approach to electricity management with our intuitive Energy Calculator, a perfect complement to our prepaid electricity plans. This easy-to-use tool is specifically designed to shed light on electricity rates and usage, providing a picture of what to expect on your monthly bill.

By entering your typical weekly electricity consumption, you’ll not only receive a forecast of your potential savings but also gain valuable insights into how to fine-tune your energy usage for maximum efficiency. The calculator’s integration with our prepaid electricity offerings enhances its utility, making it an indispensable resource for those looking to manage their energy expenses proactively.

Sign Up Today for Prepaid Electricity With Payless Power

Transitioning to prepaid electricity is seamless with leading energy provider, Payless Power. Our flexible plans are designed to meet the needs of new customers, offering an easy way to manage your electricity expenses. With Payless Power, you gain immediate control over your energy usage, allowing for significant savings without the hassle of a long-term contract or hidden fees.

Join Payless Power today and enjoy the benefits of prepaid electricity. Our straightforward sign-up process and customer-centric approach make it easier than ever to switch and save.

Take the first step towards smarter energy management. Enroll now and start saving on your electricity bills today.

Power To Manage Your Energy Bill in the Palm of Your Hand

Receive daily account alerts via text or email to track your electricity usage

27.8

Kilowatt hours consumed for the day

^$1.31

Savings for the day

^$94.56

Balance Remaining

Estimated days remaining

Our Quick & Easy Prepaid Electricity Process

You are on your way to affordable and efficient power. Here's how it will go:

Select the plan type that is right for you.
Payless Power offers prepaid plans that require no deposit or credit check, and traditional plans where you are billed at the end of the month. Learn more about the differences here.

Sign up online or by phone.
Create an account using our easy and quick online form or by contacting one of our friendly, bilingual sales specialists.

Load funds to your account.
Pay-as-you-go to recharge your account by making payments from your phone or online whenever the balance is low, or use autopay to keep your account filled at all times.

Track your usage with daily text or email.
Use our free daily alerts to monitor your usage, energy costs, and account balance via text message or email.

Review monthly statements and recharge.
In addition to daily tracking, view your Statement of Usage and Payments at the end of each month for a transparent overview of your prior month's history.

Frequently Asked Questions

Q: How much can I save with prepaid electricity?

Electricity rates fluctuate, so the amount you can save is inconsistent. While we can’t provide a firm number, consumer feedback says they’ve saved up to 27% compared to other providers and electricity plans.

Payless Power’s ability to access low kilowatt-hour (kWh) rates helps you save automatically. We’ll also notify you of your daily usage so you know how much power you consume and how to conserve electricity.

Q: What is prepaid electricity?

Prepaid electricity is an electricity plan allowing customers to control electricity use by paying before using electricity. Prepaid electric service is available in states like Texas and Maryland due to their deregulation laws for electricity providers. Prepaid electricity is also known as “pay-as-you-go” by many retail electricity providers.

Q: How does prepaid electricity work?

Simply pay for your electricity before using it, which is why these plans are often referred to as pay-as-you-go plans. They’re popular due to their flexibility and often don’t require credit checks, upfront deposits, or long-term contracts. You just pay for how much electricity you want and go about your routine.

Q: What are the benefits of prepaid electricity?

Pay-as-you-go electricity plans allow consumers to pay for their electric service in advance. The plan uses prepayment meters to help consumers monitor and control their electricity consumption.

With Payless Power, you can receive daily electricity use notifications and adjust energy usage accordingly, so disconnection isn’t an issue. This ultimately saves on energy costs.

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

About Payless Power

Payless Power wants to be your Texas electric company.

Whether you live in a large city or small town, Payless Power can save you money on your Texas electricity. We serve customers in over 400 deregulated communities in Texas with both traditional, postpaid plans on monthly billing cycles, and prepaid electricity that is pay-as-you-go with no deposit or credit check required.

We work with principal utilities throughout the state to provide electricity. The utilities are: Oncor in the Dallas and Fort Worth Metroplex and various parts of West Texas; CenterPoint Energy in Houston and the surrounding areas; AEP Central in Corpus Christi and surrounding areas; and AEP North in Abilene and other North Texas communities.

Our Awards

Texas Electricity Ratings award

Top 3 Best REP in Texas - 2024

Innovator Awards

The Best Place for Working Parents

NICE/inCONTACT award

Best Cloud Implementation

Texas Electricity Ratings Award

Gold Tier Award - 2023

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Prepaid Electricity: Save up to 20% on Your Electric Bill

We're Here to Help

Our Texas Prepaid Electricity Plans Offer Reliable Power and the Flexibility You Need

The Benefits of Prepaid Electricity

Prepaid Electricity Saves You Money

Everyone Is Approved — No Deposit Required

Monitor Your Usage and Manage Your Budget

Quick and Easy Same-Day Connection

Discover Savings with Our Energy Calculator

Sign Up Today for Prepaid Electricity With Payless Power

Power To Manage Your Energy Bill in the Palm of Your Hand

Kilowatt hours consumed for the day

Savings for the day

Balance Remaining

Estimated days remaining

Our Quick & Easy Prepaid Electricity Process

Select the plan type that is right for you. Payless Power offers prepaid plans that require no deposit or credit check, and traditional plans where you are billed at the end of the month. Learn more about the differences here.

Sign up online or by phone. Create an account using our easy and quick online form or by contacting one of our friendly, bilingual sales specialists.

Load funds to your account. Pay-as-you-go to recharge your account by making payments from your phone or online whenever the balance is low, or use autopay to keep your account filled at all times.

Track your usage with daily text or email. Use our free daily alerts to monitor your usage, energy costs, and account balance via text message or email.

Review monthly statements and recharge. In addition to daily tracking, view your Statement of Usage and Payments at the end of each month for a transparent overview of your prior month's history.

Frequently Asked Questions

Q: How much can I save with prepaid electricity?

Q: How much can I save with prepaid electricity?

Q: What is prepaid electricity?

Q: What is prepaid electricity?

Q: How does prepaid electricity work?

Q: How does prepaid electricity work?

Q: What are the benefits of prepaid electricity?

Q: What are the benefits of prepaid electricity?

What our customers are saying

Affordable and easy to make payments

Happy Customer

Long term customer

About Payless Power

Our Awards

Select the plan type that is right for you.
Payless Power offers prepaid plans that require no deposit or credit check, and traditional plans where you are billed at the end of the month. Learn more about the differences here.

Sign up online or by phone.
Create an account using our easy and quick online form or by contacting one of our friendly, bilingual sales specialists.

Load funds to your account.
Pay-as-you-go to recharge your account by making payments from your phone or online whenever the balance is low, or use autopay to keep your account filled at all times.

Track your usage with daily text or email.
Use our free daily alerts to monitor your usage, energy costs, and account balance via text message or email.

Review monthly statements and recharge.
In addition to daily tracking, view your Statement of Usage and Payments at the end of each month for a transparent overview of your prior month's history.