Texas Electricity

 

Call us at 1-800-971-4020 for no deposit options for your commercial or residential electricity usage.

 

Working With Texas DHHS

You can waive a deposit with well known electricity companies by working with your states government social services offices. Most states have a responsibility to make sure low income residents have electricity during cold winter months and hot summer months in order to heat and cool your home.

 

Can't Pay Deposit?

If you cannot afford the deposit amount being required of you then your state will likely be able to help you pay your deposit or pay it on your behalf. There are also prepaid and pay as you go electric companies but these usually represent an unaffordable much higher electricity rate than a low income resident would typically be able to afford.

 

Consider Price Before Choosing

Pay as you go electricity rates are sometimes double and triple the price of traditional electricity prices.

 

Why a Deposit?

Some electricity companies offer low deposit amounts but they will not advertise this fact. The reason energy service suppliers keep the deposit amount a secret until after you sign up has to do with bad credit risk customers.

 

Protecting Against Defaults

If they were to let everyone know their credit score requirements it may attract the wrong customers to their company that are more likely to default on their electric bill.

 

Try A Few

This strategy may also discourage many customers that would normally be declined and asked for a deposit from even attempting to sign up with them. The best way to get a low deposit amount with an electric company is to try signing up with several.