Prepaid electricity plans are suited for a wide range of people. Prepaid or pay-as-you-go plans are an excellent alternative for people that move a lot or college students and renters. If you’ve been denied a long-term contract because of your lack of credit or credit history, you can still get the lights turned on. Same thing if you don’t have a social security number or you don’t want to sign any long-term contracts.
Is prepaid electricity a good deal?
It’s time to take control of your energy bill. There are some advantages to going with a long-term contract, but maybe they’re not the right advantages for you. For instance, they offer low kWh prices and allow you to lock in fixed electricity rates. While prepaid electricity energy plans are slightly higher than long-term contracts, they offer different advantages, like letting you decide how you want to pay for your power. There are no contracts, so you’re not obligated to stick to the term, which can be helpful if you’re going to give prepaid electricity a shot. Plus, since you don’t have to commit to a long-term contract, there are no stiff penalties for breaking a contract.
With traditional plans, you pay your bill at the end of a billing period. With a no deposit plan, you can purchase energy up-front, like you would with a prepaid cell phone. Don’t have a solid credit record? No problem! You can avoid a credit check. Though no deposit plans may require a minimum purchase, the money becomes energy you can use. Flexibility is an attractive option for many Texas power consumers. So, rather than making one payment per billing period, pay-as-you-go plans allow you to make small or large purchases, and as often you’d like.
Not having to pay a hefty up-front fee is an advantage of choosing prepaid electricity in Dallas. There are other pluses too. For instance, thanks to smart meters, you can efficiently manage your account using your smartphone. There are apps available that will send notifications when your balance is low. This way, you can purchase more kilowatt-hours before your balance is at zero hours. Tracking your energy consumption can help you smartly manage your habits and consume less energy. You can even implement energy-saving measures that can help you save more. And you can enjoy the convenience of making an affordable payment by phone or email. Do you have a hard time budgeting for energy use? Many customers on a month to month electricity plan feel that it’s easier to meet a specific energy budget.
Prepaid electricity Texas
You can choose from a variety of electricity plans. They’re perfect for people who want to avoid a credit check, can’t afford a deposit or enjoy the flexibility of power on the go. Are you moving or in between housing? If so, you can select a month to month plan that allows you to pay as you go. And there is no credit check or deposit required.
Are you a military service member? You’ll find three and four months plans that offer a military discount. These term plans need a credit check, but you can lock in a cheap electricity rate for 3 to 4 months. Renters may like a 6-month program which allows you to lock in a low electricity rate for half a year. There are great plans for college students that go to school for nine months. While homeowners can lock in a low price for 18 months with a variety of options. You’ll find plans that offer incentives such as energy bill credits, gift cards and apps that make it a breeze to track your energy usage. The choice is yours.