Prepaid electricity is the best option if you have bad credit, or if you’re just starting out in life and don’t have credit established. Otherwise, you’ll likely have to pay a hefty deposit with your electricity provider in order to get power to your home or apartment.
Pay-as-you-go electricity plans give you no deposit electricity with no credit check. And you can get same day electricity.
How Prepaid Electricity Works
Prepaid electricity plans work the same way as prepaid phone cards: you buy a certain amount of power ahead of time, and when you use it all up you buy more. These plans are not just for customers wanting to avoid a hefty deposit. They’re also for people who want to save energy and more closely monitor their usage.
Providers give prepaid electricity customers on-line tools to monitor electricity usage from day-to-day. With pay-as-you-go plans you’re more likely to monitor your usage more closely and learn ways to conserve. When you see your electricity usage in real-time, it is easier to make adjustments on the fly rather than getting a huge bill at the end of the month and being stuck.
You’ll also receive text or email alerts when your account starts to run low on funds. It’s important to keep your account funded in order to avoid losing power. It’s also very important to learn the different fees that your provider charges in order to avoid unpleasant surprises. Always read the plan details.
In Texas, electricity providers offer pay-as-you-go electricity plans for customers in Houston, Dallas, Fort Worth, Killeen, Abilene, Galveston, Corpus Christi, Arlington, and Laredo to name a few. At ElectricityPlans.com you can easily shop and compare the best prepaid electricity plans available in your area from reputable providers.
Pros and Cons of Pay-as-You-Go Electricity
Like every type of electricity plan in Texas, there are advantages and disadvantages to prepaid power. The right choice for you depends on your budget and your lifestyle.
First, prepaid electricity gives you daily monitoring tools to be more aware of your electricity usage, for budgeting. Second, there is no contract, no deposit and no credit check. Third, you can get electricity turned on the same day with as little as $30.
Prepaid electricity plans usually have higher fees if you have a disconnection or reconnection. You may be required to use online customer care. And, you may pay a higher price per kilowatt hour. These plans tend to be month to month variable rate plans. Some retailers offer fixed price options.
Compare Prepaid Electricity in Texas
Comparing electricity providers and plans is key to saving money in an open market, but it’s doubly true when shopping for cheap prepaid electricity.
Each provider has unique fees and rates. Signing up for a plan without understanding the fine print can result in paying way more than necessary. Use the search tools at ElectricityPlans.com to find the cheapest prepaid electricity plans in your area.
ElectricityPlans.com shows detailed information for each available plan, and has educational articles so that you can learn more about prepaid electricity. If you think prepaid electricity is the way to go, you owe it to yourself to take the time to research the available plans.
ElectricityPlans.com is the place to find all of the detailed information you need to make an informed decision about the best prepaid electricity plan for you.