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.
†Offer is available to Texas residential customers who enroll using the Promotion Code “Gas And Electric Companies”. Plan bills a monthly Base Charge, an Energy Charge, and passes through Utility Transmission and Distribution delivery charges. Energy Charges for usage consumed between 9pm and 7am each day is credited back on your bill. The utility charges, including delivery charges for night time hours, are passed through at cost and aggregated on your bill. See Electricity Facts Label for details.
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