About no deposit plans
No deposit electricity plans are just that – they do not require a deposit upfront. Consumers with bad credit are frequently required to pay a deposit when they sign up for an electricity plan. Some experts estimate nearly half of all consumers in deregulated areas are required to pay a deposit before receiving service.
Choose Texas Power works with Texas retail electricity providers (REPs), some of which offer no deposit options. No deposit plans can be helpful for consumers who wish to avoid a credit check or who don’t have the funds to pay a deposit upfront.
To see available plans in your area, enter your ZIP code above. From there, you can filter your options to see only plans that interest you. If you are interested in learning more about the types of plans and no deposit plans specifically, continue reading below or see our Plan Guide.