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.


Thank you for serving our country as a member of the US Armed Forces! As our way of showing gratitude, our military plans deliver exclusive discounted rates on fixed-rate electricity for your Texas home. And when you join the community of veterans and active-duty military who have signed up with Compare Electricity Prices, you’ll enjoy fantastic customer service, convenient online access to your electricity account, and the ability to be rewarded when you pay your bill on time.
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