If paying the deposit is an issue, you might want to consider a prepaid electric plan. Smart meter technology allows you to receive electronic notification on your account balance. This is a huge improvement over the old prepaid electric plans that required monthly true-ups. Because these electricity plans require zero deposit, they are a great way to get competitive rates while keeping some cash in your pocket.
“ We signed a 7 month contract with GM energy when we bought our new house, and it has turned out to be the best, most honest company we have purchased electricity from in Texas. We've been burned by Reliant and more recently by Amigo. With Green Mountain, our rate was what they said it was. There were no shenanigans, just a low rate for 100pct wind power. They let us know when our contract was ending and I'm wishing that we had just stuck with them. My only complaint is that they wanted to raise our rate if we stayed with them, like every other TX electricity company does. So, we switched, got scammed by Amigo, and now we are trying Infinite Energy. It would have been cheaper to stay with a good company. I wish TX would just end deregulation or would protect consumers better from these vultures at the energy companies. ”
Research is key with making a big decision like this, and ElectricityPlans.com is ready to help. You’ll find blog posts and articles in their extensive database, as well as vetted information on all providers to give you results you can trust. Whether you’re looking for the right prepaid plan with no deposit, electricity plans specifically for veterans and active military personnel, or simply someone who’s looking for a better rate to fit in with their budget, ElectricityPlans can help you find exactly what you’re looking for.