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En Español. The average Texas business electricity rate is 9. You can order online, and deposit a small amount - generally $25-$75 and get your lights on in a few hours. Got me the cheapest electric. account. TEXAS Prepaid ELECTRICITY Savings from Payless Power. We Provide No Deposit Electricity Service in Elgin With Yes Electricity you can have cheap, residential electricity with no credit check and zero deposit. 19. Electricity Companies in Texas. Postpaid Electricity. 2%. With this plan, there are no: Hidden fees; Credit checks; Deposits; If you have credit concerns, a NO deposit payment option might be beneficial. Specializes in prepaid and no-deposit electricity plans for residential customers. 56 cents per kilowatt-hour for their electricity plans, or 13% less than the US average. Our apologies for repeating ourselves, but we will never make you pay a deposit. Are you looking for a cheap electricity rate in another city? 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