No Deposit Residential Texas Electric Company

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.

 

Rock Wall Texas Electric Rates

How to Compare Rock Wall Residential Electricity Rates

You can easily compare residential electric rate plans in Rock Wall Texas by taking into consideration a few different things. Some of the electricity providers in Rock Wall will only quote a rate that includes the “energy only” charges. The TDSP charges won’t be included so the energy price looks better then the rest of the companies quoting you. This is a very deceptive way of quoting a rate but we have seen it from about 5 different electric companies currently advertising electricity prices in Texas. There are a few different tactics on what Rock Wall Texas residential electric companies will use to make their electricity prices look better.

  • Move some of the “energy only” charges down under the TDSP section of the electric bill and then quote you only the retail energy only part of the rate.
  • Only quote the retail “energy only” part of the Rock Wall residential electric rate and not mention TDSP charges.
  • Quote a very low electricity rate and make it look similar to a fixed rate by assigning a term commitment but in the fine print stipulate that the electric rate is variable and subject to change.
  • Selling a fixed electric rate product but in the contract mention in the fine print that there is an additional “fuel surcharge” and the rate will change if fuel prices change. (Fuel prices change as often as stocks and are very volatile.)
  • Are the Residential Electric Rates Listed on Electricity Bid Trustworthy?

    Electricity Bid only advertises electric rates and electric providers that deal honestly and ethically with their customers. The energy prices on this site disclose all charges and fees up front so you know exactly what you are being charged for. After signing up on a discount Rock Wall Texas residential electric rate on Texas Electricity Bid you will not be surprised later on with additional fees and charges crammed onto the electric bill.

    What Residential Electric Rate Does Texas Electric Bid Recommend?

    If you are a Texas home dweller or are residing in an apartment in Rock Wall Texas you have many choices as far as the company and electric rate you choose. Not all fixed rate terms are for everyone. Based on your situation you may want to pick a shorter term fixed rate or possibly a longer term. If you will only be at your place for a few months you may want to get a 1 month fixed rate so you are not locked into a term commitment. If you are risk averse and will not be moving anytime soon then a longer term will lock in the Rockwall Texas electric rate for the entire term you choose. By locking in the electricity price you will not have to worry about your rate going up on you until your contract expires. There are several different electric rate terms anywhere from 1 month to 3 years. We have provided a comparison list of Rockwall Texas electric companies to compare and pick the cheapest electric company. You will just need to click on the sign up link when you have found the rate that suits your situation. These electric prices are updated daily and are current. If you have a question about a company, rate or plan you can feel free to call a Texas Electric Bid energy consultant who would be glad to answer your questions. We have provided a residential electric rate comparison chart below if you would like to see a detailed apples to apples rate comparison with all fees and charges disclosed. These electric rates apply for most areas in Rock Wall Texas. Click on the continue button to confirm rate.

    Click Here to compare Rock Wall Residential electric rates

    Commercial Electric Rates in Rock Wall Texas

    When comparing residential electric rates in Rock Wall you may have seen commercial electricity prices as well that looked much cheaper then a residential electric rate you were quoted. In contrast to a residential energy price a commercial rate will only show the “energy only” charge at first when being quoted by an energy consultant or electric provider. The reason is that commercial electric prices do not already have the TDSP charges fixed across the board for everyone as do residential rates. The government has stipulated what the TDSP charges are for residences and everyone pays the same. For commercial businesses it is based on their historical electric usage to estimate what the TDSP charges will be. Because the TDSP charges are not readily known for a Rock Wall commercial business they can only be quoted the “energy only” charge in the initial quotation. This is very common practice among all electric providers and energy consulting practices. Once the historical electric usage is obtained from the utility (Oncor Electric Delivery in Rock Wall) the TDSP charges can be accurately quoted in the rate proposal. If you would like to speak to an energy consultant about your commercial energy rate in Rock Wall you may call Texas Electricity Bid at 1-800-971-4020.

    January 2009 Houston Residential Electric Rate Comparison

    Click Here and Compare January 2008 Houston Residential Rates

    Houston residential electric rates have steadily come down this month and when comparing to the summer of 2008 they are several cents cheaper. This last summer we had one of the worst electricity rate spikes in the history of Texas. Because residential electricity rates in Texas have come down so much since this summer we recommend signing up for atleast 1 year. A 1 year fixed electric rate insures that your Houston electricity rate is locked in for the duration of the term.

    Houston Electric Service More Expensive then Dallas Rates

    In Houston rates are a little higher then they are in the Dallas Texas area and other deregulated electric service cities in the state. Houston’s congestion and line loss issues on their poles and wires contributes to a higher electric rate in comparison to other cities regardless of the electric provider in Houston you go with.

    TDSP, Pole and Wires Charges, and Comparing Electricity Rates

    When comparing residential electricity rates in Houston do not be confused when looking at commercial energy prices. Commercial energy prices usually just show the “energy only” portion of the rate. When you look at a rate comparison chart showing several commercial energy providers the rates will look much better then they do when looking through residential electric service rates. The reason for the difference in price is that the Texas residential electric rate is an all in rate that includes the pole and wires charges and the “energy only” charges. The commercial rate isn’t any cheaper it just doesn’t have the pole charges included.

    Are Commercial Electric Rates Intentionally Deceptive?

    Commercial energy providers in Houston are not trying to be deceptive when the rate that is quoted does not have the pole and wires charges included in the energy rate. The reason for this difference is because the electricity provider does not know what the pole and wires charges will be immediately for a Texas business. A Texas chemical plant may pay a penny on top of the “energy rate” while a Curves fitness studio may pay 9 cents kWh for their pole charges. The pole charges are not known until an accurate estimate is completed based on several specs of the facility or the historical electricity usage is pulled from the electric utility in Houston.

    All-In Energy Prices

    The below Houston residential electric prices include the pole charges and energy only charges. These electric rates are all in rates that include all charges. You may browse through and pick the company, term and electric rate that meets your specific residential electric service needs.

    Compare Houston Residential Electric Rates Below

    January 2008 Update

    Dec 2008 Dallas Residential Electric Rates

    Compare Electric Rates Below

    The last few months energy has come down quite a bit a long with the stock market, the economy, and consumer confidence. Even our dollar isn’t doing so good but it has started a climb up. Residential electric rates in Dallas have come down some but not as much as some were anticipating. The problem is when fuel prices drop quickly it doesn’t necessrily have the same effect on the conversion over to electricity. There is a cost associated with converting natural gas and coal to electric power. This cost is called a heat factor cost. When natural gas comes down quickly you will usually see the heat factor go up. This makes it a little difficult to anticipate exactly what electric rates will do when fuel and energy comes down. Below is a comparison list of some of the cheapest electric companies in Dallas Texas.

    These rates are subject to change as the month progresses but are accurate as of the date this article was written. To see an updated comparison list go to : Dallas Electric Rate Comparison

    Dec 2008 Dallas Electric Rate Chart

    November 2008 Dallas Residential Electric Rates

    What to do When Locking in Dallas Residential Electric Rates for November 2008?

    The energy markets have been steadily declining and have started to hit some historical short term lows. If this trend continues we could see some very good residential electric rates but trying to pick the bottom of a trend is an impossible task. If you are waiting to do something I would recommend making your hunch and going ahead and signing up on a term even if just for a few months. The reason you should lock into something is due to the high price of a month to month rate. Residential electric providers in Dallas will generally offer a low first month rate on a month to month type of electric service plan but will then raise the rate dramatically after that first month. To avoid a high rate hike you should lock into some type of monthly term. If you are risk averse I would go with atleast a 1 year plan and if you are willing to roll the dice and try again in 3 months I would go with a shorter term like a 3 month or 6 month fixed rate.

    November 2008 Residential Electric Rates Comparison Chart

    The residential Dallas electric rates below serve as a historical marker of where rates have come as of November 2 2008. These rates will most likely change as the month progresses but you will find indicative prices as of Nov 2 2008 to help you in your shopping and comparing process. If you wish to see current Dallas electric rates we recommend checking this page out: Dallas residential electric rates

    Dallas Residential Electric Rate Chart

    If you are looking for a comparison of Dallas commercial electric service you can find it here: Dallas Commercial Electric Service

    If you were looking for Residential Houston Electric Service you will find it on this page: Houston Residential Electricity Comparison
     

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