Prepaid Electricity Fast and Affordable
Updated: Dec 29, 2020
Prepaid electricity is the fastest way to power your home.
Home electricity has changed a lot in the last few years. Technology has helped to bring you this essential commodity in a matter of minutes. However, there are some types of home electricity that can take longer.
Postpaid electricity will always take longer than prepaid electricity service.
One of the main reasons why postpaid will take longer is because all postpaid energy products will verify if the customer “qualifies”. How to qualify? Easy, either the customer passes the credit check or pay a deposit. This is because the customer will use the electricity first and then pay for it.
The customer may accumulate hundreds of dollars’ worth of electricity in a single month. When the electricity company has some kind of “leverage”, then they know that the customer is more likely to pay their electricity bills.
Prepaid electricity easier to power your home
First, as the name of the product, it’s PREPAID. The customer will need to make a payment to start the electricity service. Please note that the payment will not be hold as a deposit. This payment goes towards the electricity that the customer will use from the moment the service starts.
Since the customer is paying in advance for the service, he/she will receive, there is no need to perform a credit check. With this said, there is no need to give vital information like social security number, ITIN, not even an identification card of any kind.
From the moment the order is confirmed, meaning that payment was received, address verified and customer acknowledgement of service, all is sent to the TDSP and in a few minutes, the power in the house will be running or switched to the new company.
Best electricity rates. Prepaid Electricity Vs. Postpaid Electricity
Home electricity rates are extremely competitive. While postpaid energy rates should be significantly lower than prepaid energy plans, we have seen that the competition goes neck to neck.
In this blog and in our other Power Blog, we have post reviews about postpaid products. Read about Green Mountain Free Weekends at 14.4 cents per kWh. While Payless Power flat rate, meaning, no gimmicks like free nights, or free weekends, etc. is at a low 12.0 cents per kWh.
Note that the plan with Green Mountain is for 24 months, yes 2 years at 14.4 cents per kWh.
Note that Payless Power is prepaid, there is no contract.
One of my favorite features of the prepaid electricity service with Payless Power is the daily text notification. This is data that the company sends you every day about your energy usage. I see this as a tool for me and my family, we can see how much energy we can save daily.
Try it, I can almost guarantee you that you will lower your energy consumption in more than 30%.
Measure your efforts to save electricity with prepaid electricity.
No Deposit Electricity