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How to Get Electricity With No Credit Check or Deposit Required

You can get a great electricity rate from Texas’s cheapest electricity supplier and the flexibility you need with a no credit check, no deposit electricity plan. You work hard for your money, so why would you want hundreds of dollars sitting where you can’t get to it? Starting or switching to a new electricity plan with no deposit has never been easier.

The Standard Electric Plan Start-Up

Before no credit check, no deposit electricity plans were popular, starting or switching to a new plan was a lengthy, often expensive process. You’d have to call or visit your prospective provider to fill out an application. They’d run a credit check and either refuse service or approve you with a deposit. Then you’d have to run to the bank or ATM, get cash, visit a payment station, get a reference number, call your prospective provider back, give them the number, hope they found your payment in your system, then finally, if nothing went wrong, you could schedule a connection date.

What Could Lead To A Deposit?

Without no deposit, no credit check electricity plans, your deposit would be assigned based on two factors, and could add up to hundreds of dollars. In determining your deposit, electric companies would look at your history of payments and your credit report. If there was a negative mark on either, such as if you’d lost a job or had an unexpected emergency that forced your payment to be late, then you had to pay before you even had service.

Electricity With No Deposit And No Credit Check

Our process is simple, and you can switch or start new service in your pajamas from the comfort of your own home. Find the right no-deposit plan on our website where you can compare plans side by side to find the cheapest electricity supplier for your needs, then let us know your choice. We’ll start the process of moving you to your new prepaid electricity plan.

Prepaid electricity puts you in control from the very start. Rather than paying a deposit then getting your electricity bill at the end of your billing cycle with no idea what will be on it, you’ll get started with no credit check, no deposit electricity service, just an initial payment for the electricity you’re going to use. Making your initial payment to fund your balance is easy and we’ll make sure you get switched over right away. Your service is paid from your prepaid balance, so there are no end-of month-surprises.

Why Texans Choose Prepaid Electricity

Many people find that plans that don’t require deposits or credit checks are the right way to get their electric service on their own terms. Some of the most popular reasons our customers have reported they choose and love prepaid electric plans.

  • No Credit Check – Many people don’t know that their credit report doesn’t just show loans and credit cards. It also shows anytime a credit report is requested, and the number of those requests or checks can lower your credit score. Too many requests can have a negative impact on credit decisions made when approving you for a mortgage, car loan, or even a job. This can lead to credit denials and higher interest rates. No deposit, no credit check electricity service protects your credit report, shielding it from unnecessary inquiries.
  • No Deposit – When you pay a deposit, do you know what happens to it? Rather than having access to that money to spend or invest, it’s given to another company that then uses it for their own expenses, investments, or to generate interest. Depending on their rules, you may get your money back after a specified amount of time, at the end of your service arrangement with them, or possibly not at all once they deduct fees and charges. No deposit, no credit check electricity keeps your money where it belongs: with you.
  • Flexible Payment Dates – Even with the cheapest electricity supplier in Texas, you may not want a single, large payment due every month. One of the prime benefits of prepaid electricity is that it puts you in control of your bills and finances. You have full access to your account to make payments and check the balance on your schedule, any time you want. You can match your payments to your paydays, to a specific date, or pay a little bit each week. The choice is yours with a flexible no credit check, no deposit prepaid electricity plan.
  • No Lengthy Contracts – With many electric plans, in order to get the advertised price, you have to sign a binding contract for a specified period of time, usually either 12, 24, or even 36 months! If you cancel, move out of state, or change plans before then, you could lose your deposit or be assessed a contractual penalty that is even larger than your deposit will cover. A prepaid electric plan lets you live your life without worrying about restrictive contracts. You get your low electricity price for however long you need service.

Take Control Of Your Plan

There’s nothing like getting the electric service you need on your terms. With flexible electricity plans, you can do just that. Compare electric plans from the cheapest electricity supplier in Texas side by side and save with a no credit check, no deposit electricity plan.

What you need to know about the Bounce Energy Fantastic Fixed 6 Plan

The Fantastic Fixed 6 plan has long been a popular plan offered by Bounce Energy.  As of the time of this writing, it features one of the cheapest electricity rates available in Texas.  Electricity rates in Texas are quite volatile, however.  Before choosing this or any other plan you should compare electricity rates from providers in your area to find the plan that works best for you.

Electricity Rates for Bounce Energy Fantastic Fixed 6

For the Houston area, the all-in rate for the Fantastic Fixed 6 plan is 9.2¢ per kWh for usage levels of 2,000 kWh per month.  If you live in an apartment you should expect to pay a higher average rate for this plan.  The published rate for the 500 kWh usage level is 10.7¢ per kWh.  This rate will be different if you live in another part of Texas.  To see the current rate for this and other plans in your area, enter your zip code above.

By the standards of electricity plans in Texas, this plan has a simple pricing structure.  The components that go in to the average rate are listed below:

Bounce Energy Charge (per kWh) 4.4¢
Bounce Base Charge $4.95
Flat Pass Through Delivery Charge $5.47
Pass Through Delivery Charge per kWh 4.254¢
Total Average Rate 9.2¢/kWh

*Rates are for Houston area as of 9/27/2018. Use the Vaultelectricity.com real time electricity rate comparison tool to see current rates in your area.

Bounce Energy Fantastic Fixed 6 EFL

The important numbers to note are the 4.4¢ Energy charge and the $4.95 base charge.  These charges are specific to Bounce Energy.  The TDU delivery charges are pass-through charges that you will have to pay regardless of the electricity provider you choose.  Unlike many other plans, Fantastic Fixed 6 Plan has no hidden price bumps based on how much electricity you use (or don’t use).

 

Bounce Energy vs. Other Texas Electricity Providers

Here is how the electricity rate for the Bounce Energy Fantastic Fixed 6 Plan compares to the plans from other Texas electricity providers.

Bounce Energy Rates

Rewards

This plan is eligible for the Bounce Energy Rewards program.

Cancellation Fee

This plan has a cancellation fee of $135

Save Energy At Home: Energy Efficiency Tips For Homeowners

One of the easiest ways to save money while helping the environment is to save energy at home by making your house more energy efficient. By making a commitment to make environmentally responsible choices about your electricity usage, you’re working to help preserve our valuable natural resources for future generations. Being more eco-friendly with your electricity use doesn’t require a large lifestyle change or constant expenditure of time and resources. Rather, it takes a few small changes and a focus on mindfulness.

Energy Efficiency & Your Electric Bill

Sure, you compare electricity prices to find a good deal, but your energy charge per kilowatt-hour is only part of what makes up your monthly bill. The other key component is usage. By making energy-efficient upgrades, you can save energy at home and lower your overall usage. When you multiply your electric rate by your new, lower usage, you get a lower bill that leaves more money in your pocket at the end of the month.

Small Changes, Big Impact

Making the change to a more energy efficient home is cheaper than ever. With more and more homeowners focusing on eco-friendly actions, market demand has pushed prices lower for energy saving home accessories at a tremendous pace. While the latest in energy-efficient appliances might still enjoy a premium, earlier generation technology is fast becoming standard features across the board. Here are some of the most popular energy-efficient upgrades available to homeowners today.

LED Light Bulbs – Perhaps the easiest home retrofitting job available, LED light bulbs have seen a drop in price even as the technology advances. Early LED bulbs were expensive and offered single-direction light. Contemporary LED replacement bulbs designed for a standard light socket cost a few dollars, use a fraction of the electricity incandescent bulbs use for the same light, and can last up to 20 years.

Low-Flow Plumbing Fixtures – While this change may show up on your water bill and not your electric bill, it still helps save energy. The purification and treatment of drinking water uses an enormous amount of energy. These fixtures accomplish the same amount of work with less water. Using less water at home means saving energy for your community while you save money. This upgrade can be especially important in drought-stricken areas where high water use is penalized with higher rates.

Sensors, Programmables, And Other Smart Home Features – Technology has been a driving force in lowering excessive consumption of resources. Many intuitive at-home, energy-saving features have been added to technology we already use on a daily basis, such as the addition of sensors that turn off lights and appliances when a room is not in use, programmable devices that control thermostats and lights, and connected devices that let you monitor and control electrical devices from your smartphone.

Newer Energy Star Appliances –  Replacing your older appliances with more energy-efficient models can have a big impact on your bill. Look for the Energy Star label that explains how much the expected annual energy usage of that item is, and how it relates to similar appliances in its category. Comparing expected usage can be important to saving energy at home.

Seal It Up Tight – You can expect your highest costs to generally occur in the summer and winter, months when energy is needed to keep indoor temperatures at a habitable level. As inclement seasons approach, check your doors and windows for gaps or cracks that can allow your air conditioning or heating to escape. You should also check the insulation in your home for proper thickness. A great method of saving energy at home is making sure you aren’t seeping your expensive heating and cooling to the air outside your house.

Watch Your Electric Bill – If there is a problem, it may show up there first. An appliance that’s stuck on, a collapsed duct in the attic, or damaged insulation may have symptoms that are easily missed. Unexpected spikes in usage could point to a bigger problem that needs investigating. In addition, your utility bill is a great resource when you need to compare electricity prices.

It Pays To Save

Saving energy at home is easier than ever. You can still live your life, you’ll just use less energy doing it. Best of all, it can increase the value of your home. As more and more younger, environmentally conscious buyers enter the home market, energy efficient features are fast becoming an upgrade for which they’re willing to pay a premium.

Get The Electricity You Need To Power Your Home

Saving energy at home is a great way to get the most for your energy dollar. You can also find real savings with a new, low-cost electricity plan. Compare electricity prices and shop for your new electric plan with Vault Electricity.

Sources of Electricity — United States, 2010

In 2010, total net generation increased 4.3 percent from 2009 levels. Cooling degree days for 2010 were at an all-time high and were 18.3 higher than they were in 2009. Net generation attributable to coal-fired plants rose 5.4 percent. Natural gas-fired generation was up 6.6 percent. Nuclear generation rose 1.0 percent, while petroleum liquid-fired generation was down 9.9 percent.

In 2010, coal-fired plants contributed 44.9 percent of the power generated in the United States. Natural gas-fired plants contributed 23.8 percent, and nuclear plants contributed 19.6 percent. Of the 0.9 percent contributed by petroleum-fired plants, petroleum liquids represented 0.6 percent, with the remainder from petroleum coke. Conventional hydroelectric sources provided 6.2 percent of the total, while other renewables (biomass, geothermal, solar, and wind) and other miscellaneous energy sources generated the remaining 4.5 percent of electric power.

NRG Energy opens its first electric car charging station in Dallas

NRG Energy has opened its very first eVgo direct-current electric car charging station in Dallas today as part of a 70-station network in the DFW area.

These “fast-chargers” use a 480-volt direct current to charge an electric car enough to drive 30 miles in less than 10 minutes. NRG Energy also plans to open several stations that feature a 240-volt DC charger that gives an electric car enough charge to go 25 miles in an hour.

NRG Energy plans to install 50 chargers in Houston, plus additional chargers along the Interstate 45 corridor that stretches from Dallas to Houston. The company charges its members a flat monthly rate for access to the chargers, with a cheaper plan for the slower chargers and a more expensive plan for the faster chargers.

Still, 10 minutes is a long time to wait for 30 miles of driving power when it only takes around 5 minutes to fill up a gas tank for regular gasoline vehicles that can get more than 30 miles per gallon. The slow charging times are one of the tougher selling points for electric vehicles — and clearly a sore point that NRG Energy is trying to alleviate by widely publicizing its “fast” chargers.

New York electric bills to leap 12%

New Yorkers are about to get shocked on their electric bills.

Starting May 28, households in all five boroughs will be zappeded with rate increases of up to 12 percent after the feds decided that power companies needed an extra $500 million a year. And that’s on top of another 4 percent state-OK’d Con Ed rate hike that kicks in today.

A typical apartment resident’s electric bill of $74 — based on 250 kilowatt hours of power each month — will go up to $86, or $12 more than last July. About $8 of that boost will come from the feds’ decision. Businesses will be hit even harder. A small firm that paid $406 last July will shell out $477 this July — a 17.5 percent boost. About $59 of that comes courtesy of the feds.

Mayor Bloomberg and Sen. Charles Schumer are furious over the ruling — and are urging the Federal Energy Regulatory Commission to reconsider.

“The economic impact of this order on the residents and businesses of New York City would be severe,” Bloomberg complained to the commission. He said the “excessive in­creases” to power bills resulting from FERC’s decision will cause “severe hardship.”

Schumer told The Post: “New Yorkers shouldn’t be forced to pay exorbitant electric rates because some faraway regulator decided not to look at all the evidence.”

City officials say the feds granted the increase on the incorrect belief that power compa­nies pay big property taxes. But they get huge discounts on the tax in the city. And Bloomberg pointed out that the city has already awarded such breaks to power plants now being built.

In effect, the feds are letting generating companies get reimbursed “for costs they are not even paying,” said Con Ed official Richard Miller said. His company will take the blame from consumers but not make an extra penny, he said. That’s because it doesn’t generate power; it only transmits it. The privately owned generating companies have been bragging about what they call their “biggest victory ever” from utility regulators, said Miller.

“There’s a windfall going on here . . . They are totally thrilled with this decision,” he said.

The generation companies say Schumer and Bloomberg are in no position to know how the ruling will affect bills. FERC says it’s willing to hear arguments over its ruling. If it stands, the hike will stay in force for three years.

The generating companies will make the lion’s share of their $500 million windfall in the summer months, when New Yorkers use the most electricity.

They’ll draw less cash from the plan in the cooler months, when electricity use drops and customers’ bills are lower.

By BILL SANDERSON (NY Post)

No Major Changes in the US Energy Supply by 2035

The U.S. Energy Information Administration explains the gritty details of our energy future in its newly released Annual Energy Outlook 2011, which has tracked our country’s projected energy use all the way to 2035.

Energy imports
In the future, we will rely less and less on oil giants like Saudi Arabia to feed our oil addiction. The EIA assumes that oil prices balloon to $135 per barrel and the real GDP grows 2.7 percent annually through 2035. In that case, energy imports will drop to 17 percent of total use in 2035 from 25 percent in 2009. This is thanks to increased biofuel use, headache-inducing prices at the pump (making people drive less), and better vehicle fuel-economy standards. We will still use more fossil fuels overall than we do today, but a larger portion of it will come from increased domestic production of natural gas.

Shale gas
Pretty much anyone concerned about climate change or water contamination doesn’t think natural gas fracked from shale is a reasonable solution. But hey, our massive appetite for energy has to be satiated somehow, and bad consequences have never stopped us before. According to the EIA, shale gas production will grow nearly fourfold from 2009 to 2035 to 12.2 trillion cubic feet.

Coal
Another blow to clean energy advocates: Energy generation from coal will increase by 25 percent from 2009 to 2035, mostly because of increased use of existing capacity. Reading between the lines, that means the EIA doesn’t expect much in the way of new clean coal plants — not that we expected much from clean coal, either. But get this: If energy companies and regulators decide that they aren’t concerned about greenhouse gas regulations (like those from the EPA), 48 gigawatts of new generating capacity for coal-fired plants could be built by 2035, compared to the 26 gigawatts projected in the regular scenario. That’s a lot of coal.

Renewable energy
Renewable energy is projected to grow from 8 percent of total energy use in 2009 to 13 percent in 2035. Wind power will almost double its share of total current generation, and geothermal resources will triple in generation capacity. Solar resources will account for 5 percent of all nonhydroelectric renewable energy generation, up from 2 percent in 2009.

Carbon emissions
CO2 emissions are expected to grow slowly through 2035 because of minor economic growth, more reliance on renewable energy, efficiency improvements, slow growth in electricity demand (because of the recession), and increased natural gas use (though a recent study claims that natural gas is more carbon-intensive than coal). Assuming all of these factors play out exactly as the EIA’s projection indicates, CO2 emissions will increase from 5,996 million metric tons in 2005 to 6,311 million metric tons in 2035.