Payless Power: Current Rates and Overview
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Overview
Payless Power is quickly making its mark in the electricity market, celebrated for its array of prepaid electricity plans that appeal to a diverse clientele. Their commitment to flexibility and transparency makes it simple for customers to manage their energy usage effectively. With a selection of straightforward, no-gimmick plan options that accommodate different lifestyles, Payless Power distinguishes itself by offering both convenient prepaid and traditional postpaid plans without requiring deposits or credit checks. Coupled with competitive pricing that leads to considerable savings, choosing Payless Power offers a seamless way to navigate your energy expenses efficiently and economically.
- Founded in 2005
- This is our prepaid option
- $75 upfront into your online account and then you pay as you go from there (there are no monthly bills)
- No credit check required or deposit needed
- Offers Same-Day Connection
Updated October 23, 2024
Payless Power's Electricity Rates
Payless Power offers a range of plans across the deregulated energy market in Texas. These plans vary in pricing per usage, term length, and rate type, so you can tailor your plan to your usage and lifestyle. Select any of these plans to see further plan details, and make sure you’re getting the best electricity rate for you.
The average rate for Payless Power on October 23, 2024 is 18.53¢ per kWh.
| Provider | Plan Name | Rate | Term Length | |
|---|---|---|---|---|
| 6 Month - prepaid | 17.4 ¢ 1000 kWh | 6 months | |
| 6 Month - prepaid | 17.7 ¢ 1000 kWh | 6 months | |
| 12 Month - prepaid | 17.7 ¢ 1000 kWh | 12 months | |
| 12 Month - prepaid | 18.1 ¢ 1000 kWh | 12 months | |
| 6 Month - prepaid | 18.5 ¢ 1000 kWh | 6 months | |
| 12 Month - prepaid | 18.9 ¢ 1000 kWh | 12 months | |
| 6 Month - prepaid | 19.0 ¢ 1000 kWh | 6 months | |
| 12 Month - prepaid | 19.2 ¢ 1000 kWh | 12 months | |
| 6 Month - prepaid | 19.2 ¢ 1000 kWh | 6 months | |
| 12 Month - prepaid | 19.6 ¢ 1000 kWh | 12 months |
Please note: All rates above are accurate as of October 23, 2024 at 7:22 PM UTC. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your address above.
How Does Payless Power Compare?
If you’re not sure about Payless Power, make sure to check out their leading competitors to confirm that Payless Power is the right choice for you. These featured providers offer competitive energy rates which might fit your lifestyle and budget better.
Currently, the average rate for the plans from all other providers is 15.84¢ per kWh. Payless Power’s average rate of 18.53¢ per kWh is 14.50% higher than average.
| Provider | Plan Name | Rate | Term Length | |
|---|---|---|---|---|
 | Maxx Saver Select 12 | 10.8 ¢ 1000 kWh | 12 months | |
 | Flash 12 | 10.9 ¢ 1000 kWh | 12 months | |
 | Bill Credit Bundle 24 | 11.5 ¢ 1000 kWh | 24 months | |
 | True Classic 6 | 11.9 ¢ 1000 kWh | 6 months | |
 | Simply Select 6 | 12.6 ¢ 1000 kWh | 6 months | |
 | Valor 12 | 12.8 ¢ 1000 kWh | 12 months | |
 | 12 Month Usage Bill Credit | 13.4 ¢ 1000 kWh | 12 months | |
 | Champ Saver-12 | 13.8 ¢ 1000 kWh | 12 months | |
 | Ohm Simple Value 24 | 14.0 ¢ 1000 kWh | 24 months |
Please note: All rates above are accurate as of October 23, 2024 at 7:22 PM UTC. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your address above.
Weekly Average Electricity Rates
If you’re not in a rush to get your lights turned on, make sure that this is the right moment for you to be selecting a new plan. Our rate charts show you what prices you can expect at different times of the year, so that when you lock in your plan you have the right rate for you. In general, electricity rates tend to rise during the summer and winter, and drop in the spring and fall.
6 months
18.58 ¢/kWh
12 months
18.57 ¢/kWh
Areas that Payless Power Serves
Below are some of the utility service areas and cities that Payless Power serves:
AEP Texas : AEP Texas Central operates mainly in the southern part of Texas, while AEP North serves parts of western and central Texas. Cities supported include Abilene, Corpus Christi, Laredo, McAllen, San Angelo, and San Benito.
Oncor Electricity Delivery : Oncor Electricity Delivery covers west and north texas with cities like Dallas, Fort Worth, Irving, Plano, Arlington, Beeville, Midland, Odessa, Killeen and serves more than 13M Texans.
CenterPoint Energy : CenterPoint Energy primarily services the Houston area and surrounding areas.
Texas-New Mexico Power : Texas-New Mexico Power covers North Central Texas, Gulf Coast and West Texas including cities like Alvin, Clifton, Lewisville, Pecos, Fort Stockton, and League City.
What are the different types of electric plans that Payless Power offers?
Their plans include:
Fixed-rate plans: With fixed-rate plans, you'll be paying the same rate for every kilowatt-hour of power you use during your electricity contract. It's a straightforward and predictable way to manage your energy costs. Contracts usually range from one to three years. So, here's the deal: if you decide to cancel your plan before your contract is up, you might end up having to pay something called an early termination fee (ETF). One great thing about fixed-rate plans is that the price you pay for energy stays the same, which means you don't have to worry about sudden increases in the market.
Bill credit plans: Bill credit plans are a type of electricity plan where customers receive a credit on their bill after using a certain amount of electricity. This credit can be applied to future bills or can be paid out in cash. Bill credit plans are a great way to save money on your electricity bill, especially if you use a lot of electricity. Some companies offer bill credit plans as an incentive to get customers to sign up for their services.
How to sign up for service with Payless Power
You can sign up for any Payless Power plan through Gatby in less than five minutes. Once you have picked the plan that makes the most sense for your house, Gatby will submit the order through our integration to Payless Power. While they would prefer a three day notice, Payless Power can do same-day service start dates. Payless Power and the local utility (TDSP) will coordinate to make sure service is started when you need it!
Payless Power | FAQs
Signing Up for Electricity Service With Payless Power. Check Payless Power's website for more information.
How do I switch to a Payless Power plan?
Do I have to pay a fee if I switch to a Payless Power plan?
Is Payless Power a reliable electricity provider?
Does Payless Power run your credit?
How long does it take to connect Payless Power in Texas?
Is Payless Power a trustworthy provider?
How much is the early termination fee for Payless Power?
What is the average monthly billing with Payless Power?