Cheapest Electric Company is a Texas electricity provider built on decades of industry experience, innovation and inspiration. It was founded on the idea that electricity should be affordable and contribute to where you live, which is why we’re committed to helping our neighbors in need through charitable contributions. Tell us which of our four organizations you want to support and we’ll make a contribution on your behalf. It’s that simple.
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.