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Key Points
- Energy plans typically require an upfront deposit from customers who don’t meet specific credit requirements.
- Light companies with no deposit requirements allow you to skip the credit check and upfront security payment.
- Most no-deposit electricity plans require you to pay for your electricity in advance and reload your account as needed.
- Call the number on your screen to speak with an energy expert and discover which option is best for you.
No-deposit electricity plan FAQs
SaveOnEnergy does not run a credit check for no-deposit light plans. However, if you sign up for traditional (non-prepaid) plans, our team runs a soft credit check, which does not affect your credit score.
Payless, Acacia, BKV, Amigo and other electricity providers have prepaid plans that do not require a deposit.
Payless Power offers six-month and 12-month prepaid energy plans on our marketplace. You can choose the plan that best suits your energy needs and budget.
Some providers, like Payless Power, offer same-day connection if your house has a remotely activated smart meter. Once you have completed the enrollment process, you can enjoy your new energy plan right away.
Call the number on your screen to speak with our energy experts. They can answer any question and match you with the best light companies in Texas with no deposit requirement.