Lantern Power finds the lowest electric rates for your Texas home and business. Lantern evaluates hundreds of offers from over 50 electricity providers to find the best electric rates for your home, and requests custom quotes for your business. There is no cost for our report and no obligation to accept our recommendation, but if you do, the electric company pays us - so it costs you NOTHING to leverage our expertise!
Since the Texas legislature deregulated the retail electricity industry in 2002, millions of Texans have chosen to compare electricity rates and switch electricity providers. Giving electric choice back to Texans has been extremely popular, with an estimated 92% of residents having switched their own electricity plans. The ability to switch electricity providers has resulted in significant savings for many Dallas customers.
Payless Power provides the best prepaid and standard electric plans with no cancelation fees and no deposit in the Dallas area. Since 2005, Payless Power has been helping people get a better energy plan and save on their average energy rate, regardless of income or credit history. As a family-owned electricity provider and not a giant power company, we take great pride in serving our customers with care and respect across the entire state.
Unlike with long-term plans, monthly, variable rate (no-contract) plans have no cancellation fees. You won’t have to pay a penalty if you decide to take your business elsewhere because you found a better deal. Plus, you won’t be left paying more than you should if the market rate for energy trends down. However, if the market prices rise, you’ll have to pay more than those who are in-contract.