One of the many benefits of living in a state that has a deregulated energy market is that you have a choice in the company that provides your home with electricity. There is constant competition among electricity companies in Texas to get customers, through offering reward programs and the promotion of a wide range of fix rate plans. The plans are usually ones where the customer is billed for the total energy used at the end of the billing cycle. A credit check is performed on customers who want to lock in low rates for those plans to see if they need to make a deposit before they receive the service.
There are many who require inexpensive electricity but may be unable to afford the deposit or have bad credit history. People who fall into this category include international visitors, high school graduates seeking to start life on their own, or persons who don’t curerently have a spotless credit history. If you fall into one of these categories, your best possible option is to obtain a Texas prepaid electricity plan in order to avoid the paying the deposit.
Despite the fact that a prepaid electric plan might cost slightly more per kilowatt, there are several benefits such as the ability to obtain electricity without the need to pay a deposit. You also only pay for the amount of electricity you think will suffice, which makes it a great option for individuals living on a fixed income.
The way that prepaid electricity works is quite simple. All that you need to do is contact your preferred electricity provider, and open an account with them. You will need to provide your service address and pay for a block of service using one of the company’s payment methods. Most of the companies allow you to make a payment by calling customer service, at a payment center, or online via a computer or a smart phone.