Cheap Electricity offers no-deposit electricity to a lot of our new customers—read more on how to qualify here. In general, deposits are a result of your credit history, and specific deposit amounts are unknown until Cheap Electricity runs a credit check. If a deposit is required, it will be based on estimated usage at the location you are requesting service. All required deposits must be paid before enrollment in new service can be completed.
The cost to initiate new service or switch to Cheap Electricity depends on the type of service activation requested and your service region. In very few cases, there is a charge for the cost of the Transmission and Distribution Service Provider (TDSP) to activate your service. Typically, however, there are no charges when you have an Automated Meter System (Compare Energy Rates), which usually allows us to remotely activate service.
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