Payless Prepaid
14.9¢per kWh
- Term
- Month-to-month
- Type
- Prepaid
- Est. monthly
- $149 at 1,000 kWh
- Green
- 0%
Early termination fee: None
- No credit check
- No deposit
Payless Power
Best Prepaid OptionTexas prepaid electricity pioneer since 2005
Founded 2005
14.9¢
Family-owned business
PUCT #10110
21+ Years
Fort Worth, TX
Updated 2026-05-31
Featured Payless Plans
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Available Plans
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Overview
14.9¢
Avg Rate
3.2/5
Rating
0-0 mo.
Terms
0%
Green
Plan Types: Variable
Prepaid
Pros & Cons
Strengths
5- No credit check required
- No deposit needed
- No long-term contract
- Pay-as-you-go flexibility
- Good for rebuilding credit
Watch Out For
4- Higher rates than traditional fixed plans
- Daily disconnection risk if balance runs out
- Fee structure can be confusing
- Not ideal for budget-conscious users
About Payless
Payless Power pioneered prepaid electricity in Texas starting in 2005. As a family-owned business, they specialize in serving customers who want flexibility without credit checks or deposits.
Plans & Pricing
Payless Power exclusively offers prepaid electricity plans with daily billing and no contract requirements.
Rate Analysis
Prepaid rates are typically 30-50% higher than traditional fixed-rate plans to account for the no-credit-check, no-deposit model.
Customer Feedback
What Customers Like
"Lifesaver when I needed electricity without a credit check."
Common Concerns
"Convenient but rates are definitely higher than regular providers."
BBB
Frequently Asked Questions
Does Payless Power require a credit check?
No, Payless Power does not run credit checks. Anyone can sign up for prepaid service.
Source: Payless Power
What happens if my Payless Power balance runs out?
Service may be disconnected if your prepaid balance reaches zero. You can reload online or by phone 24/7.
Source: Payless Power
Similar Providers
Sources
Verified- PUCT Provider Search · 2025-12-29
- Payless Power Website · 2025-12-29
- BBB Profile · 2025-12-29
Last updated 2026-05-31. Written by ElectricRates.org Editorial Team.