Written By: David Cosseboom | Updated On: May 1st, 2025
About Payless Power
If you’re looking for a flexible, no-deposit electricity option in Texas, Payless Power is a name you’ll want to know. Founded in 2005, Payless Power was built around the idea that everyone deserves access to affordable electricity, even if you have a less-than-perfect credit score or want to avoid hefty deposits. With its prepaid electricity model, Payless Power lets customers pay in advance and monitor daily usage, helping you stay in control of your energy costs without surprises.
Payless Power Coverage Areas

Payless Power serves residential customers across most deregulated electricity markets in Texas, including major cities like Houston, Dallas, Fort Worth, San Antonio, and Corpus Christi. As long as you live in an area of Texas with electricity choice, you can likely sign up, but it’s always a good idea to check availability based on your specific zip code.
Types of Plans From Payless Power
Payless Power provides standard electricity sourced from the Texas power grid (ERCOT). While they don’t specialize in renewable or 100% green energy plans like some competitors, their focus is on affordability, simplicity, and helping customers avoid hidden fees or long-term commitments. Payless Power specializes in prepaid electricity plans, sometimes called “pay-as-you-go” plans. Here’s what that means:
- Prepaid Electricity Plans: You fund your account upfront and receive daily updates on your usage and balance. This lets you monitor energy costs closely and recharge your account as needed, just like a prepaid phone. There’s no credit check, no long-term contract, and no large deposit required, which makes these plans especially appealing to renters, college students, or anyone rebuilding credit.
- Fixed-Rate Prepaid Plans: Some offerings lock in a set rate per kilowatt-hour for a specified period (often 6 to 12 months), giving you predictability in your pricing.
- Variable-Rate Prepaid Plans: These plans fluctuate month-to-month based on market conditions, offering potential savings during periods of lower rates but also carrying more risk during high-demand seasons.
Payless Power Plans & Pricing
Plan Name | Rate | Plan Type | Renewable | Cancellation Fee |
---|---|---|---|---|
PTC 12 Month - Prepaid | $0.1680 /kWh | 12 Months Fixed Rate | 26% | $99.00 |
PTC 6 Month - Prepaid | $0.1740 /kWh | 6 Months Fixed Rate | 26% | $99.00 |
*plans and pricing may vary by location. Search for your zip code to find plans available in your area.
Payless Power Cancellation Fees
Because Payless Power’s model is largely prepaid and contract-free, many plans do not carry traditional early termination or cancellation fees. This makes it easy to switch or stop service when you need to. If you’re on a fixed-rate prepaid plan with a term commitment, be sure to check the fine print, as early cancellations can sometimes trigger small fees or forfeited discounts.
More Information about Payless Power
One standout feature is Payless Power’s daily usage alerts, they’ll send you a text or email each day summarizing how much energy you’ve used and your remaining balance. This is a great budgeting tool for households trying to avoid bill shock at the end of the month. Payless Power also offers flexible payment methods, including online, by phone, at retail locations, or even through mobile apps, making it convenient to recharge your account anytime. And unlike some prepaid providers, Payless Power has a reputation for solid customer service, with Texas-based support agents ready to help if you hit a snag.