When you’re searching for light companies in Houston, you should remember to see if they offer a no-deposit electric rates plan.
No-deposit plans are available if you live in a home with a smart meter.
A no-deposit plan is higher than a fixed or variable rate plan. If you’re credit score is good you may not have to pay a deposit for a fixed rate plan. There are several Houston, Texas light companies that offer fixed, variable, and green energy plans.
Light Companies in Houston Comparing to Post Paid to Prepaid
You can compare light company plans in Houston by clicking on our no deposit offer or even by comparing rate plans using our Houston electricity plan comparison tool.
You will see a list of light companies offering electricity service in Houston, Texas. The plans come from post paid light companies as well as prepaid light companies.
The prepaid Houston light company will ask you to fill up your account ahead of time like you would on an unsecured credit card.
As you start using electricity the account will deduct money from your unsecured line of credit that you provided.
The traditional post paid Houston light companies do things in a more trusting manner. The post paid Houston lights company will trust that you will pay your light bill on time month after month.
The post paid Houston light company will bill you as much as 45 days out from when you used that electric service. You can then send them the amount you owe through online bill pay or by writing a check.
For people just starting out or getting a handle on their bills the prepaid Houston light company helps you build credit and get to the point where a traditional post paid provider can take you on for little to no upfront deposit amount.
Smart Meters are Often Used With Houston Prepaid Light Companies
Smart meters offer the light companies real-time data which they can process quickly. The data helps with billing and system monitoring.
A prepaid Houston light company will use the real time electric meter data to deduct from your unsecured amount you added to your light company account.
The smart meter helps to make sure you are being charged correctly and keeps you and the Houston light company accountable to both bill and pay correctly.
Why can You Choose Your Light Company in Houston, Texas?
Deregulation opened the retail energy market for you to have the power to choose your own Texas energy provider. Deregulation means companies have to compete for your business.
More competition means lower prices for electricity. Companies like TXU and Reliant have to compete with smaller companies like Pronto Power and Payless Energy which means they have to lower electricity prices to keep customers.
When you have improved your credit score you will not need to be on a prepaid energy company anymore. We recommend coming back to this site and comparing among the best electric providers in Houston to get an optimal electric rate.