No deposit electricity plan FAQs
Does a no deposit energy plan require a credit check?
If you sign up for a prepaid no deposit plan, Choose Texas Power does not need to run a credit check. However, if you want to find out whether you would be charged a deposit for other available electric plans, we will need to run a credit check to determine whether you qualify for a deposit exemption.
Do I have to sign a contract for a no deposit plan?
Most no deposit plans are month-to-month, meaning you do not need to sign a long-term contract and can switch to another energy plan easily. Prepaid plans do not require a contract and you can cancel at any time. Check the contract term section of a plan to find the most accurate information.
How quickly can I begin service under a no deposit plan?
Several energy providers that offer no deposit plans can provide same-day connection. Most Texas homes have smart meters, meaning you won’t need to schedule a technician visit for service to begin and your provider can connect to your home remotely.
Can I transfer my no deposit plan to a new address if I move?
If you are moving to a new home, contact your energy provider directly to discuss whether it operates in your new area. If it does, you can ask about transferring your no deposit plan. If it does not offer service in your new ZIP code, you can use the Choose Texas Power marketplace to find another energy plan.
My power went out. What should I do next?
Contact your utility company. Your utility is determined based on your location and is in charge of maintaining electrical infrastructure, including restoring power when there’s an outage. Visit our utilities page for a detailed list of Texas utility companies and how to contact them.