There are Low and No Deposit Options Available in Texas
We recommend you use the compare tool at the top right to see what prepaid options are available in your area. Once you compare the providers you can order service online.
For energy customers who have bad credit or just no established credit you may have found yourself being asked for a very large deposit to have electric service in Texas turned on in your name. This has been an issue facing many Texas energy consumers for some time as most electric providers in Texas do not offer a flexible electricity service rate plan for those with bad credit or no established credit. When an energy consumer signs up for electric service with bad credit the deposit requirement asked for by an electricity company can be anywhere from $150 – $1500 depending on the electric provider and the credit score. To avoid this type of deposit issue you can choose an energy supplier that has a low or no deposit electric plan. The provider we recommend above all other low or no deposit electric companies is Bounce Energy. Bounce Electric Company once offered a Fresh Start Plan that allowed a low credit score energy service customer to sign up with them at a slightly higher rate than their normal low cost rate. You remained on this higher rate for 3 months and proved to Bounce Energy that you could pay your electric bill on time and they would proactively lower your electric rate to their normal cheap electricity rate plan. This allowed you to quickly sign up for electric service at a home or apartment without having to worry about how you will come up with up to $1500 to pay a deposit requirement. Most people do not have this kind of extra cash on hand, especially for a deposit you will not receive back until your contract ends. Unfortunately their guaranteed no deposit plan is no longer available although they still have alternative plans that may get your lights turned on with no deposit required or at a low deposit cheaper than most electricity providers require.
Who is Bounce Energy
Bounce Energy is a new electric provider in Texas that was started by a seasoned software director and overall customer experience project leader at a large online marketing and back office electric service customer tracking company. Because of the extensive knowledge this company has on how to sign up electric customers, capital requirements needed to continue signing up energy customers, the ability to bill accurately and timely, and the overall customer satisfication points to consider when working to keep and renew current electric service customers in Texas makes this new electric provider one of the best new energy companies to work with. We are confident that you will find their electric rate, flexible energy agreements and overall abilities to make your customer experience enjoyable that we want to recommend their Guaranteed No Deposit Electric Rate plan as the preferred No Deposit option for customers in a credit crunch.