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What Is a No-Deposit Electricity Plan?

At Choose Energy, our reporters seek out information that puts you in control of your energy. Our partners do not direct our editorial content, though we may reference their products in our posts. Read about how we make money to learn more.

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What is a no-deposit electricity plan?

No-deposit electricity plans are a popular option for customers who want to manage their energy costs. These plans allow you to avoid the credit check required by electricity companies by paying for your electricity upfront.

The Choose Energy marketplace is a one-stop-shop to explore your options and sign up for no-deposit electricity plans. We’ll run a soft credit check, which won’t affect your credit score, and help you find the providers that offer prepaid plans.

To get started comparing no-deposit light companies and energy plans near you, enter your ZIP code today.

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