Prepaid electricity plans are becoming very popular in Dallas because they work well for both customers and the electric companies.   Under a prepaid electricity plan you pay for the power you are going to use up front.  It’s like a pay as you go plan.  Usually you can get started for very little (in some cases as low as $25).  You can also sometimes get same day activation of your power.

Many companies provide prepaid plans as part of their offerings but there are a few companies out there that specialize specifically on prepaid electricity plans that feature no deposit and no credit check.  Pre-paid electric companies are a relatively new entrant into the Texas power scene.  The service they offer is made possible because smart meters allow electricity to be measured in 15 minute time slices.  This allows electricity to be sold like minutes on a phone plan.