Last Updated on December 1, 2023 by Mary Pressler
Cheap Prepaid Electricity – No Credit Check or Deposit
The Most Affordable Prepaid Electricity Prices in Texas
Secure the cheapest prepaid energy rates for six months or an entire year. Register online in minutes, or view rates.
- Contract Terms: 6 or 12 months
- Fixed Rate: Same kilowatt price for one year
- Pay As Needed: $40 required to start service
- Same Day Connection: sometimes within an hour
- No credit check or additional deposit required
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No Deposit or Credit Check Required in Texas
Finding the Lowest Prepaid Electricity Rates in Texas
Texas electricity is as unique as the people that live here. Unlike other states, over 85% of Texans have their choice in energy providers which has led to a marketing frenzy on the web, radio and television. The concept of prepaid electricity in Texas is simple; Pay as you go without a credit verification or contract.
However, prepaid electricity plans are often confusing and have us asking, “What is the cheapest prepaid electric in Texas?”.
We took a close look at popular prepaid electricity plans in Texas using Electricity Facts Labels (EFLs) that we’ve taken straight from the web. The EFL, which is required by the Public Utilities Commission of Texas, shows us the fine print we need to find the cheapest prepaid electricity rates in the state.
Compare Prepaid Electricity Plans in Texas
Most prepaid electricity companies in Texas have various plans or free energy offers to choose from. Some offer free nights and free weekends, but reading the terms and conditions is important. Prepaid electricity plans may work in your favor if you take advantage of their billing procedure, but they can also lead to very high electricity bills if you are careless and don’t pay attention to your daily usage.
We’ve analyzed recent data from the Electricity Facts Labels (EFLs) of four popular prepaid electricity plans. From the EFL, we gathered the Dallas electric rate, Oncor charges, daily fees and promotional features to determine the best price for pay-as-you-go electricity in Texas.
- 12 Month Prepaid by Payless Power
- 6 Month Prepaid by Payless Power
- Free Nights by Acacia Energy
- Free Weekends by Acacia Energy
- 100% Clean Energy by Pogo Energy
Texas Prepaid Electricity Rate Plans Comparison Chart (December 2023 Update)
Note: Regardless of your electricity plan, Oncor charges 8.00 cents/kWh for power delivery and a fixed fee of $4.23 per month.
| Prepaid Electricity Company | Electricity Plans | Fixed Charges (REP + Oncor) | Energy Charge per kWh | Total kWh Price with Oncor Fees |
| Payless Power | 12 Month Prepaid Electricity Plan | $4.23/month charged by Oncor
$1.60/day charged by Payless Power -$24.00 bill credit, subtracted if you use 500 kWh or less |
8.00 ¢ / kWh energy charge
13.0339 ¢ / kWh with TDU fees |
18.7 ¢ / kWh when consuming 500 kWh
18.3 ¢ / kWh when consuming 1000 kWh 15.6 ¢ / kWh when consuming 2000 kWh |
| Payless Power | 6 Month Prepaid Electricity Plan | $4.23/month charged by Oncor
$1.60/day charged by Payless Power -$24.00 bill credit, subtracted if you use 500 kWh or less |
7.80 ¢ / kWh energy charge
12.8339 ¢ / kWh with TDU fees |
18.5 ¢ / kWh when consuming 500 kWh
18.1 ¢ / kWh when consuming 1000 kWh 15.4 ¢ / kWh when consuming 2000 kWh |
| Acacia Energy | Free Nights | $4.23/month charged by Oncor
$0.95/day charged by Acacia, each day you consume less than 16 kWh |
21.20 ¢ / kWh between 6:00 AM and 8.59 PM
26.2339 ¢ / kWh with TDU fees |
26.2339 ¢ / kWh between 6:00 AM and 8:59 PM
Only TDU fees between 9:00 PM and 5:59 AM |
| Acacia Energy | Free Weekends | $4.23/month charged by Oncor
$0.95/day charged by Acacia, each day you consume less than 16 kWh |
19.16 ¢ / kWh between Monday 12:00 AM and Friday 7:59 PM
24.1939 ¢ / kWh with TDU fees |
24.1939 ¢ / kWh between Monday 12:00 AM and Friday 7:59 PM
Only TDU fees between Friday 8:00 PM and Sunday 11:59 PM |
| Pogo Energy | 100% Clean Energy Plan 15 | $4.23/month charged by Oncor
$0.30/day ($9/month) charged by Pogo, does not cover any kWh consumed |
13.40 ¢ / kWh, energy charge
18.4339 ¢ / kWh with TDU fees |
21.2 ¢ / kWh when consuming 500 kWh
19.8 ¢ / kWh when consuming 1000 kWh 19.1 ¢ / kWh when consuming 2000 kWh |
Additional Information:
Payless Power offers a fixed kWh rate for 12 months and six months. You avoid electricity price hikes during the contract term, while still having the benefit of prepaid electricity.
Acacia Energy and Pogo Energy offer variable-rate plans, which means the kWh price can change each month. If you stay on variable-rate plans, electricity prices tend to increase suddenly in summer, without giving you time to look for cheaper options.
Which Prepaid Electric Provider has the Cheapest Rate Including TDU Charges?
Looking back at our six EFLs, we’re able to determine an all-in rate for each plan which includes: the electricity rate charged by the energy provider, and the standard Transmission and Distribution Utility (TDU) charges.
We quickly noticed that prepaid electricity plans with free energy periods are actually more expensive than basic, no-frills plans. Again, Payless Power has the most affordable electric rate compared with other prepaid light companies in Texas.
Switch to Low-Cost Prepaid Electricity in Texas
For the lowest prepaid electricity rate in Texas, choose Payless Power. In addition to a great price, your rate is locked in for 12 months. There’s no credit check needed when switching to prepaid light. The money paid to activate your account goes towards your electricity balance, and there is no additional deposit required. Just pay as you go!
Lock in Our Cheapest Rate Today
- No credit check or deposit required
- Your initial payment becomes usable electricity
- Keep the same cheap, fixed rate for 12 months