What is the Cheapest Prepaid Electricity 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?”.
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. Pre-payment 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 data from the Electricity Facts Labels (EFLs) of 7 popular prepaid electricity plans. From the EFL, we gathered the Houston electric rate, CenterPoint charges, daily fees and promotional features to determine the best price for pay-as-you-go electricity in Texas.
$0.39/day fixed charge, additional$0.50 for days below 26 kWh
Hello Energy
Free Nights
12.5¢
12.5¢
19.00¢
Charged 6:00 AM-7:59 PM
Snap Energy Latino
Free Weekends
15.2¢
14.9¢
20.06¢
Charged Mon 12:00 AM to Fri 7:59 PM, only TDU charge for weekend
Which Prepaid Electric Provider has the Cheapest Rate Including TDU Charges?
Looking back to our 7 EFLs, we’re able to determine an all-in rate for each plan which includes: the electric rate, or the price per kWh, and the standard Transmission and Delivery Utility (TDU) charges.
We quickly noticed thatprepaid electricity plans with free energy are more expensive than basic, no-frills plans. Again, Payless Power has the most affordable electric rate compared to the other prepaid light companies in Texas.
Switch to Low-Cost Prepaid Electricity in Texas
For the lowest rate prepaid lights in Texas, choose SmarTricity Premier 12 Plan. In addition to a great price, your rate is locked in for 12 months. There’s no credit needed to switch to prepaid lights. The money you pay to activate your account goes towards your electricity, and there is no additional deposit required. Just pay as you go!
