You can now sign up for a no deposit electricity plan with a company by the name of Bounce Energy. The way Bounce Energy can guarantee you will not need to pay a deposit is by fashioning an electric rate that is a little higher then usual for the first 3 months. Not to worry as the higher priced electricity rate is only for 3 months provided you pay your electric bill on time during those 3 months.
Once you have paid your electric bill on time for 3 months you will be proactively moved down to Bounce’s lowest priced electricity plan that they offer. This is an easy way for those with little or no credit to get electric service turned on in their name and avoid a large deposit. Many Texas electricity companies want you to pay $300 – $500 up front for them to turn on electric service in your name. This is just too much money for most college students.
BY signing up on Bounce’s no deposit electricity plan you can establish some credit and a track record of paying your electric bill on time. The 3 months will be over soon and then Bounce will lower your electric rate to their lowest priced option. They call this electric plan the “Fresh Start Plan“. You can sign up with Bounce on their Fresh Start Plan here:
