Most Houston residential energy users want the cheapest electric rate but most also do not want to have to pay a high deposit amount for their electric service to be turned on. The issue is that many people that are moving into a new place need their power turned on fast and they just don't have time to deal with the hassle of paying a deposit. The ideal situation would be to have cheap Houston electric rates as well as a fast electric service turn on. Not all providers can accomodate this request for everyone because they cannot take on high credit risk customers.

If you are just a bad credit risk and you know it you may prefer skipping past attempting to sign up with the cheapest Houston electric provider and instead go with an electric company in Houston that guarantees no deposit will be needed. We currently recommend calling a no deposit electric company in Houston like Bounce Energy at 1-866-945-8937. They offer a guaranteed $0 deposit requirement, there service is not prepaid, or pay as you go, and there are no gimmicks or hidden fees. If you pay your electric bill on time Bounce will reward you by placing you on their lowest Houston electric rate plan.

When picking a no deposit electric company in Houston you want to avoid signing up with a prepaid electric company. A pay as you go company will estimate your electric usage based on the previous tenant. This means you will be paying for the estimated usage from a previous tenant so no matter how much energy you conserve you will not be saving money. If you search for consumer complaints about Houston prepaid electricity companies you will find several hundred complaints from disgruntled customers. Because of these issues we recommend going with a no deposit guaranteed provider that bills you for actual usage and not estimated usage.

For residential energy consumers in Houston thinking about trying to become designated as a commercial meter to save money on your Houston electric service bill we want to encourage you to not do this. Unless you use several hundred thousand kWh in electric usage approaching 1,000,000 kWh than you will lose money by having your meter reclassified as commercial. The pole and wires charges will make up 50% or more of your bill and will eat up any savings you thought you might receive. For almost every home based business you will save more money by staying classified as a residential electric meter.

A small handful of electric companies in Houston advertise a very low residential electric rate but it does not include the TDSP and pole charges. The electric providers do not explain this clearly on their websites and it could be argued that their business models for their electric service business is based on keeping the customers in the dark that TDSP charges will be bundled into their electric bill. When the residential electric customer receives their first months electric bill they see additional fees and charges that were not told to them by the sales agent that convinced them to sign up for a rate the customer thought was several cents cheaper than the competition. In reality when adding in the TDSP charges the provider in question had one of the highest electric rates in the market and provided no savings over their old provider.