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Written by Jordan Smith /
Edited by Jamie Cesanek /
Last updated 04/04/2024
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Payless Power is a Texas energy company based in Fort Worth. It specializes in prepaid electricity plans, which allow customers to skip the upfront deposit and pay for electricity as they go. You may even be able to start your Payless Power energy plan the same day you sign up.
The SaveOnEnergy marketplace can help youchoose the best electric plan for you from Payless Power or another provider. Get started by entering your ZIP code to explore Payless electric rates near you.
| Plan Name | Plan Length | Rate |
|---|---|---|
| Payless Power - 6 Month - prepaid | 6 months | $0.201 / kWh |
| Payless Power - 12 Month - prepaid | 12 months | $0.201 / kWh |
As one of the top no-deposit electricity companies in Texas, Payless Power focuses on offering prepaid electricity plans to its customers. There are two main Payless Power plans available on the SaveOnEnergy marketplace, each with different term lengths.
Payless Power’s 12-month plan is a prepaid plan with a one-year contract. Your electricity rate won’t change during those 12 months. With this plan, you can start your service without paying an upfront deposit. However, you do need to load at least $40 into your account to start service. Simply recharge your balance as needed to maintain service. If you cancel your Payless Power plan before the contract ends, you’ll pay a $99 early termination fee (ETF). You can find this information and more in your plan’s Electricity Facts Label (EFL).
This six-month prepaid plan is just like 12-month Payless energy plan, aside from the contract length. There’s still no upfront deposit — you just need to maintain a balance in your account to keep your service going. You’ll incur a $99 ETF if you end your contract early. This plan is best for customers who prefer short-term contracts.
| Overall SaveOnEnergy score | 3.9/5 |
|---|---|
| Customer Service | 3.7/5 |
| Online Accessibility | 5/5 |
| Plan options | 3/5 |
SaveOnEnergy has 20 years of experience working with various top-tier providers in deregulated markets. Because there are dozens of providers, hundreds of plans, and constantly changing rates, our reviews are not based on first-hand experience. We encourage customers to do their own research, compare multiple plans, and consider their individual priorities when choosing which provider is the best fit for them.
(Ratings updated 12/19/2024)
Payless offers services for many residents and businesses in Texas. Here are some of the ways Payless Power Texas customers can benefit:
Payless Power is among the top electric companies selling prepaid electricity plans to Texas residents. The energy provider offers fixed-rate, no-deposit energy plans.
Payless Power offers energy plans for business customers in and around Dallas. To learn more, visit our commercial energy page. Our energy experts can help you build a customized commercial energy plan.
Every Texas electricity plan includes a percentage of green energy. Payless Power prepaid plans are powered by 25.5% green energy from wind and solar power. The company doesn’t currently offer any 100% renewable energy plans.
Payless Power serves Texas residents across a variety of major cities and utility areas. Here are some of the locations in Payless Power’s service area:
Enter your ZIP code to find out if you have access to Payless Power.
Are you moving into Payless Power’s service area? If you are currently enrolled in a Payless energy plan and moving to another area it serves, call the company about two weeks before your move to switch your electricity plan to your new address. If you’re moving from another area into Payless Power’s service area, enter your new ZIP code to shop for Payless Power rates and plans in your area.
Payless Power may charge different electricity rates in different parts of Texas, primarily because of different transmission charges from the utility companies it works with. When shopping for electricity plans, it’s important to look up rates for your area to ensure they’re accurate. Simply enter your ZIP code to check the current Payless prepaid electricity rates near you.
After you’ve entered your ZIP code, select Payless Power from the providers option under our search filter. You can then browse the details of the Payless Power plans available in your area. When you’ve chosen your preferred plan, you can sign up online in a matter of minutes.
Typically, Payless Power plans have an ETF of $99, which applies if you cancel your contract early. However, there are exceptions to this. You can switch to another Payless Power plan within 30 days of signing up without paying a fee. You also won’t have to pay a cancellation fee if you terminate your contract because you’re moving out of the service area.
Payless Power has operated since 2005. It entered the market shortly after the deregulation of the electricity market in Texas in 2002.
That all depends on your energy needs. The shorter six-month prepaid plan is ideal if you prioritize flexibility or if you think you’ll be moving soon. Those who prefer longer-term stability should check out the 12-month option to lock in a prepaid electricity rate for a year.
| Plan Name | Plan Length | Rate |
|---|---|---|
| Payless Power - 6 Month - prepaid | 6 months | $0.201 / kWh |
| Payless Power - 12 Month - prepaid | 12 months | $0.201 / kWh |
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