Shannon Bedrich

Texas Electricity Deposits – Everything You Need to Know

In general, you’ll need a minimum credit score of 580-600 with one of the major credit score companies (Experian, Equifax or Transunion) to get an electricity plan without a deposit requirement in Texas.

But there are ways around paying a deposit, including no deposit electricity, which is prepaid lights. But you can also get a deposit waived.

In this article we review no deposit electricity plans, how to get a deposit waived, prepaid electricity and minimum credit score for electricity.

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Cheapest Electricity Rates in Ohio (March 2026)

The cheapest electricity companies and best power rates in Ohio change all the time. Though…not as much as the utility’s rates vary. And that’s the benefit of shopping for a fixed rate plan from a supplier. You can avoid the utility rates that change constantly, and lock in a rate with stability.

Here are cheapest rates for this month. We also show the current price to compare for your utility.

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What are Market Securitization Charges?

Market securitization charges are a new line item on Texas electricity bills. They’re a direct outcome of Winter Storm Uri, paying for some of the extraordinary costs of that storm.

The Texas legislature passed House Bill (HB) 4492 in 2021 in response to the storm’s financial impact on the ERCOT power region. The legislation allows Texas REPs to add the charge to their bills for the next 30 years

You can’t avoid paying these fees, which are from a regulatory change. But you might as well understand them, since you’ll be paying them for the next 3 decades.

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Tax Credits for EV, Solar & Electrification – The Inflation Reduction Act of 2022

For homeowners, the Inflation Reduction Act of 2022 includes over $8 billion for home energy efficiency and home electrification projects. You can receive tax credits for new technology including home solar panels, battery storage, or electric vehicles. And you can get tax credits and incentives for replacing your clothes dryer, water heater and cooktop, or for swapping out your HVAC for a heat pump HVAC.

Big Beautiful Bill & Residential Tax Credits

Trump’s “One Big Beautiful Bill” passed in July 2025 modifies clean-energy incentives introduced under Biden’s Inflation Reduction Act. Here are new policies related to home solar, batteries, electrification and electric vehicles

  • Residential Solar Tax Credit: Expires December 31, 2025
  • EV Purchase Credit: Expires September 30, 2025
  • Home Electrification Tax Credit: Expires December 31, 2025

Act quickly to take advantage of these tax incentives before they expire!

Here’s an easy reference chart for the changes:

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Electricity Bill Payment Scam – How to Avoid Getting Tricked

The electricity bill payment scam is on the rise in in Texas. Scammers will call you pretending to be from your light company and demand payment. They’ll threaten to turn your electricity off if you don’t pay right away.

To avoid an electricity bill payment scam, look for things that are out of the ordinary. If your electric company has never called you before to demand payment, and specified that you can only pay with a GreenDot card from Walgreens? It’s likely a scam.

Here’s how to tell an electricity bill payment scam from a real disconnection notice from your electricity company. And how to avoid getting ripped off.

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How to Get Help Paying Electric Bill

With rising electricity costs, you may need help with your power bill. If you need help with your electric bill in Texas, there are three basic options.

  1. Contact Your Electricity Provider: Your REP is the first point of contact if you need help paying your power bill in Texas. Working with them can give you a bill payment extension and keep you from being disconnected.
  2. Call 211 Utility Assistance: Texas 211 is a central clearing house of resources. The 211 operator may be able to match you to available aid programs.
  3. See if you qualify for the Low Income Home Energy Assistance Program (LIHEAP): This program provides bill payment assistance for those on SSI or that earn less than 150% of the Federal Income Poverty Guidelines.

Below we provide additional information on each option. Plus ideas for bill payment help for those who are not low income.

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Sustainable Home vs. Eco Friendly Home – What’s the Difference?

Sustainable living, green households, eco friendly homes. Are they all just marketing terms? Or do they mean something?

Eco-friendly focuses on reducing harm to the environment, while sustainability considers the future impact of today’s actions. In this article, we’ll dive into the definitions of each term, and provide a case study example to further illustrate the difference, so you can make changes to your own household.

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