Compare Payless Power Rates

Author:
Vernon Trollinger
Editor:
Tim Wasson
Last Updated:
3-23-2026

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cheapest Payless Power Electricity rates and plans in Texas
Pre-paid
provider name silver rating
18.5 ¢ effective rate per kWh

6 Month

  • 6
  • monthsmo.
  • Avg. BillAvg.
  • $182
Plan Details
6 Month Details
  • Early Termination Fee: $49
  • Monthly Recurring Charge: $21.9
  • pre-paid
  • 6 Months
(Note: The Early Termination Fee will not be charged if you end your contract early because you are moving out.)

Safe-Rate™ Analysis:

Safe-Rate™ Score: 10 out of 10

Our Safe-Rate™ Score for this plan is considered Very Good.

A higher Safe-Rate™ score means more predictable pricing and fewer surprises on your bill.

The table below estimates what your average price per kWh would be for different monthly energy usage:

Monthly Usage 250 kWh500 kWh750 kWh1000 kWh1250 kWh1500 kWh1750 kWh2000 kWh2250 kWh2500 kWh2750 kWh3000 kWh
Average Price Per kWh 27.5¢ 18.5¢ 19.5¢ 18.5¢ 17.9¢ 17.5¢ 17.2¢ 17.0¢ 16.8¢ 16.7¢ 16.6¢ 16.5¢

TruBill™ Estimations

Using our TruBill™ algorithm, we estimate your monthly electricity bill based on typical home energy usage.

Minimum and maximum bills reflect normal seasonal changes (summer AC vs. mild weather), and the average bill represents the midpoint across those seasonal differences.

Monthly Usage Minimum Bill Maximum Bill Average Bill Average Annual Cost
Small Homes (500-1,200 sq. ft.) - Apartments, Condos, Starter Homes
250 kWh $49.71 $104.81 $58.00 $696.00
500 kWh $86.16 $181.64 $100.00 $1,200.00
750 kWh $119.51 $251.96 $139.00 $1,668.00
1000 kWh $156.08 $329.06 $182.00 $2,184.00
Average Homes (1,300-2,200 sq. ft.) - Typical 3-4 Bedroom Family Homes
1250 kWh $189.62 $399.78 $221.00 $2,652.00
1500 kWh $223.04 $470.23 $260.00 $3,120.00
1750 kWh $256.60 $540.99 $299.00 $3,588.00
2000 kWh $290.00 $611.39 $338.00 $4,056.00
Large Homes (2,300-3,500+ sq. ft.) - Multi-AC Homes, Large Families
2250 kWh $323.54 $682.11 $377.00 $4,524.00
2500 kWh $356.91 $752.47 $416.00 $4,992.00
2750 kWh $390.24 $822.74 $454.00 $5,448.00
3000 kWh $423.66 $893.19 $493.00 $5,916.00

Energy Guide For Cost Range of Similar Plans

Advertised Rate Cost at 1000 kWh

Your Plan's Cost: 18.5¢
18.5¢
Lowest Rate
19.0¢
19.6¢
20.1¢
20.7¢
21.2¢
Highest Rate
25th percentile of plans (18.7¢)
75th percentile of plans (19.3¢)

Our Assessment:

This is a "Pre Paid" plan, which means it usually has a higher per kWh charge, and you must pay for the electricity before you use it. You will have to recharge your account to continue to receive power.

For a more predictable bill, you should choose a "Fixed Rate" plan.

Plan Renewal:

If you order this plan and start it today, you will be up for renewal 6 months from now in October of 2026.

Since this plan expires in October, you can take advantage of seasonally lower rates when you renew.

Electricity rates are generally highest from June through September.

Rates as of Mar 31, 2026 at 08:40 PM

Our Take on Payless Power

Our Rating:
help
How We Rate

We aggregate data from multiple sources, including our customer reviews, rates, Public Utility Commission statistics, JD Power ratings, Better Business Bureau, and surveys.

Payless is the go-to pre-paid no-deposit electricity provider in Texas. They have been at it the longest, have survided some of the toughest business conditions and remain standing. On top of their resilience, they have the best technology for customers to manage their account.

Short answer - yes - they've been one of our top 5 best provider in Texas 4 times over the last 8 years. If you need to get power on and have a little as $75. you can get your power on tonight. And that's as simple as it gets. They offer slightly higher rates, but that's the trade you make for not paying a deposit.

Payless Power has been on our "Best in Texas" list 4 times. Because they get the simple stuff. Easy connection, great tech (App, messaging, etc) They can get your lights on on in a couple hours, without a deposit. Simple, fast, easy.

Customers praise the ease of use, but feel minimum balance charges and rates are too high.
Pros
  • thumb_up4 times on our "Best Texas Electricity Companies" List
  • thumb_upNo Deposit required to Turn on Lights
  • thumb_upApp to manage Account
Cons
  • thumb_downHigher than post paid rates

Compare Payless Power Electricity Plans and Choose the Right One for You

shop smart

How to Shop Smart

Explore current Payless Power electricity plans available in Texas and find the best fit for your home. Each plan includes a Safe-Rate Score that shows how closely the advertised rate matches what you'll actually pay. You can customize your usage to get accurate estimates, compare term lengths for short- or long-term savings, and review rate types to see which pricing style works best for you. Use the sort feature to easily organize plans by price, rating, or company name. Get transparent pricing, reliable service, and fast online sign-up today.

Shopping Tips

Use the Safe-Rate Score to see how closely a plans advertised rate matches what youll actually pay. Higher scores mean more stable pricing and fewer billing surprises.

Adjust your average monthly usage to get plan estimates tailored to your household's energy habits and see which options offer the best value for your needs.

Choose the contract length that fits your lifestyle from short-term flexibility to long-term price stability. Longer terms often help you lock in lower rates.

Compare fixed-rate and variable-rate plans to decide whether you prefer consistent monthly pricing or the potential savings that come with market-based rates.

Sort plans by rate, term length, rating, or company name to quickly find the most affordable, highest-rated, or best-fit options for your home.

Select Your Utility

    Payless Power Customer Reviews

    Payless Power Ratings
    Overall Rating
    Average Rating
    3.2/5 of 188 Reviews
    Plans & Pricing
    Order Experience
    Customer Service
    Account Management
    Likely to Recommend
    Customer service
    Overall Rating:
    Plans & Pricing
    Order Experience
    Customer Service
    Account Management
    Likely to Recommend

    Excellent

    — April from Houston, TX on November 30th, 2022
    Customer Reviews

    Payless Power Electricity Plans

    Houston - Centerpoint Service Area Plans

    Plan Term Rate
    12 Month 12/months 18.4¢/kWh
    6 Month 6/months 18.5¢/kWh
    Rates as of Mar 31, 2026 at 08:40 PM

    Dallas - Oncor Service Area Plans

    Plan Term Rate
    12 Month 12/months 18.7¢/kWh
    6 Month 6/months 18.7¢/kWh
    Rates as of Mar 31, 2026 at 08:40 PM

    Lubbock - LPL Service Area Plans

    Payless Power Plan Analysis

    12 Month

    More Information
    Our Rating:
    Plan Term: 12 Months
    Plan Type: Pre-paid

    This is a good plan for folks who are looking to establish and rebuild their credit. It's got pretty fair electricity rates, locked in for 12 months, but it also comes with the advantage of not having any pricey deposits, as well as not being vulnerable to the pricing fluctuations that come with variable plans. It's good for renters, with a $15 bill credit for customers who use less than 500 kWh a month, but the rate for customers who use OVER 2000 kWh a month isn't bad either. This plan could be good for young people getting their first place, or even folks looking to a power a big home while they're trying to sell it, there's a lot of interesting fits for this plan to certain customers. The $99 early termination fee isn't bad either. That being said, there is a $1 per day recurring charge, which will add between $28 and $31 dollars a month to a customers bill.
    thumb_upPros:
    No deposit, locked in rate for 12 months without fluctuations, a somewhat flat rate across usage tiers, $15 bill credit for under 500 kWh of usage.
    thumb_downCons:
    The rates are high, and there's a 1 dollar a day charge, or $28-31 dollars a month in recurring charges.

    6 Month

    More Information
    Our Rating:
    Plan Term: 6 Months
    Plan Type: Pre-paid

    This is a good plan for folks who are looking to establish and rebuild their credit. It's got pretty fair electricity rates, locked in for 6 months, but it also comes with the advantage of not having any pricey deposits, as well as not being vulnerable to the pricing fluctuations that come with variable plans. It's good for renters, with a $15 bill credit for customers who use less than 500 kWh a month, but the rate for customers who use OVER 2000 kWh a month isn't bad either. This plan could be good for young people getting their first place, or even folks looking to a power a big home while they're trying to sell it, there's a lot of interesting fits for this plan to certain customers. The $99 early termination fee isn't bad either. That being said, there is a $1 per day recurring charge, which will add between $28 and $31 dollars a month to a customers bill.
    thumb_upPros:
    No deposit, locked in rate for 6 months without fluctuations, a somewhat flat rate across usage tiers. $15 bill credit for under 500 kWh of usage.
    thumb_downCons:
    The rates are high, and there's a 1 dollar a day charge, or $28-31 dollars a month in recurring charges.

    Frequently Asked Questions About Texas Electricity

    Texas Electricity News

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