Bad Credit Situation, What do You do?
If you have bad credit or just no established credit you can get some Texas electric companies to waive the deposit by faxing in 3 recent electricity bills paid in full. If there is a past due balance on any of the bills then unfortunately this will not work. If you sign up with an electric company and they ask you for a large deposit be sure to ask them if they will waive the deposit amount if you provide 3 recent electric bill statements showing a paid in full balance. Many electric companies will waive the deposit amount if you can prove you have a history of paying your Texas electricity bill on time.
Can you Show 3 Paid in Full Texas Electric Bills?
If you cannot prove you have been paying your electricity bill on time you still have a second chance at reestablishing yourself as a good Texas electric service customer. You simply need to sign up on a plan like the “Fresh Start Plan”. This electricity service plan allows you to get on a standard electric rate with traditional billing. What I mean by this is you won’t need to sign up for a prepaid electric company where they come out and install their own electricity meter. You will be billed like most electric customers are billed in Texas. Once you receive your bill you will have a couple weeks to pay before your bill is considered late. Be sure to pay your electricity bill on time the first 3 months and the Texas electric company offering this Fresh Start Plan will proactively lower your electricity rate to the cheapest electric plan they offer.
Get Rewarded for Paying Your Energy Bill on Time
This type of plan rewards customers who have been late on their utility bills in the past by giving them an incentive to pay their bill on time. If you don’t pay on time you have only yourself to blame but if you are smart and work to make sure you pay on time the first 3 months then this Texas lights company known as Bounce Energy will proactively lower the electricity price to the cheapest available plan they are offering. This is by far the best offer I have seen for bad or low credit score customers that need an electricity rate with no deposit.
