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, we will need to run a soft credit check if you’d like to know if you qualify for other plans.
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 easily switch to another energy plan. Check the contract terms in your plan to find the most accurate information about term length and ETFs.
How quickly can I begin service under a no-deposit plan?
Several energy providers that offer no-deposit plans can provide same-day connections. Most Texas homes have smart meters, so you won’t need to schedule a technician visit for service to begin, and your provider can bring your home online 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 no-deposit light company directly to discuss whether it operates in your new area. If it does, you can ask about transferring your plan. Otherwise, you can use the Choose Texas Power marketplace to find another light company with no-deposit plans.
My power went out. What should I do next?
In the event of a power outage, you should always contact your utility company. Your utility is different from your electric provider based on your location. It is responsible for maintaining electrical infrastructure and restoring power during an outage. Visit our utilities page for a detailed list of Texas utility companies and how to contact them.