About Peso Power
During tough financial times, individuals often scrutinize their monthly bills to identify expenses that can be reduced. Unfortunately, the electric bill is not typically considered an area where consumers can make cuts, as traditional postpaid electricity plans offer little flexibility in payment options.
Fortunately, Peso Power, the leading provider of affordable prepaid electricity in Texas, now offers a solution that allows deserving customers throughout the state to start saving immediately. With Peso Power’s prepaid electricity plans, available to Texas residents with no credit check, no deposit, and no SSN or ID required, customers can begin accumulating savings right away.
Address: PO BOX 830473 Richardson TX 75080
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Table of Contents
Peso Power - You have the Power To Choose Your Energy Company
Since 2002, Texas’ deregulated energy market has given millions of consumers the ability to choose their energy provider, resulting in lower energy prices and better customer service. However, many Texans are not aware of these benefits.
In a deregulated market, consumers have the power to choose their electricity provider instead of being restricted to the utility company that serves their area. This allows for competition among providers, encouraging them to offer lower prices, better customer service, and more innovative products and services. Consumers can compare rates from different providers and choose the plan that best suits their needs.
Furthermore, energy deregulation gives consumers more control over their energy consumption by allowing them to switch providers or plans if they find a better deal elsewhere. With over 60 energy companies and hundreds of plans to choose from in Texas alone, finding the best plan can be difficult.
To simplify the process, SlashPlan compares the best energy plans on the market for consumers. Live rates from energy companies are gathered and displayed in one dashboard, including all the hidden fees that energy companies may try to hide. With this information, consumers can confidently shop for the best energy rate and get a real apples-to-apples comparison of all the energy plans available.
Peso Power Residential Electricity Plans
Peso Power understands the importance of having control over your electricity service and rates, which is why they offer a range of energy plans to meet your needs. In addition to prepaid and postpaid plans, they have other types of plans available.
Fixed Rate Plans
If you prefer to have a fixed rate for the energy portion of your bill, Peso Power's fixed-rate plans are perfect for you. These plans are quoted in cents per kilowatt-hour and include pass-through expenses from the Transmission and Distribution Utility (TDU).
Variable Rate Plans
If you want more flexibility in your electricity rates, Peso Power's variable rate plans are the way to go. These plans allow your energy rate to vary from month to month without being locked into a long-term contract. Your rate will remain unchanged for each billing period, but it could go up or down at the start of the next period.
For those who want to reduce their carbon footprint and support renewable energy, Peso Power's Green Power plan is an excellent option. This plan involves the purchase of Renewable Energy Credits (RECs) by Peso Power, which pair your electricity usage with power generated from renewable sources such as wind, solar, geothermal, hydro, and biomass.
Prepaid and Post-paid Plans
Prepaid plans and postpaid plans are two types of payment models for electricity plans.
Prepaid plans are electricity plans where customers pay for their electricity upfront, usually through the purchase of prepaid electricity credits or vouchers. The customer purchases a specific amount of electricity, which is then credited to their account. As the customer uses electricity, the amount is deducted from their account balance. When the account balance reaches zero, the electricity supply is cut off until more credits are purchased. Prepaid plans can be beneficial for customers who want to avoid unexpected bills or who want to have more control over their energy usage.
Postpaid plans, on the other hand, are electricity plans where customers are billed for their electricity usage at the end of a billing period, usually monthly. The customer pays for the amount of electricity used during the billing period, typically at a fixed rate per kilowatt-hour. Postpaid plans can be beneficial for customers who want the convenience of paying for their electricity usage at the end of the billing period and do not want to worry about purchasing credits or prepaying for electricity.
Peso Power Business Energy Plans
Peso Power offers customized electricity plans for businesses in Texas. These plans take into account the specific needs and usage patterns of commercial properties and offer lower rates to accommodate their higher energy consumption.
To access these plans, business owners can contact Peso Power's customer service team either by submitting an online quote request or by calling the customer service line to speak with a representative and obtain a quote over the phone.
However, like most other REPs, Peso Power does not make its business energy plans available to view online.
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Energy Companies in Texas
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Peso Power Reviews
At SlashPlan, we gather reviews and statistics from various sources to assist clients in making informed decisions. If provider statistics are not readily available, we provide links to relevant data sources. Our review sources include PUCT Customer Complaint Statistics, BBB, Google Reviews, Trustpilot, and more.
Peso Power Service Areas
Peso Power provides service to the following utilities and service areas:
- TNMP (Texas-New Mexico Power)
- Oncor Electric Delivery
- AEP Texas Central
- AEP Texas North
Peso Power Customer Service
Need assistance? Reach out to Peso Power's customer service team at:
- Phone: (888) 688-1363
- Email: email@example.com
Peso Power Bill Payment
Peso Power offers multiple ways for customers to pay their bills, including website payments, over the phone, by mail, or through cash payment stations.
- Pay Online: Logged-in users can easily make one-time or set up automatic payments.
- Pay by Phone: Customers can pay over the phone with a credit or debit card.
- Pay by Mail: Mail a check or money order to the company's payment address.
- Pay in Person: Visiting one of the many nationwide cash payment stations.
Peso Power FAQ
What services does Peso Power offer?
Peso Power provides a variety of options for both residential and commercial customers.
They offer fixed-rate and variable-rate plans for residential customers and also cater to small and large businesses with their commercial energy plans.
Additionally, they have plans that feature 100% renewable energy, making it easy for customers to make more environmentally-friendly choices.
How long does it take to start service?
Service can typically start either on the same day or the next business day after you sign up for it.
Does Peso Power have cancellation fees?
Cancellation fees vary depending on your plan and length of service. Please refer to the EFL document to determine if any early termination fees apply.
If you move to a new house, the cancellation fees will be waived.
Does Peso Power offer green energy plans?
In Texas, all energy plans include a portion of green energy sourced from solar or wind power.
Peso Power goes even further by offering several plans that feature 100% green energy, giving customers the peace of mind that they're doing their part to reduce their carbon footprint.
Does Peso Power require a deposit?
Peso Power may ask for a deposit on its post-paid plans when signing up for an energy plan, but only if your credit score doesn't meet their requirements. The good news is, after 12 months of paying your bills on time, your deposit will be returned to you.
If you want to avoid a deposit altogether, you can check out the no-deposit energy options available on our marketplace such as a prepaid plan.
What is the best Peso Power energy plan?
Peso Power has a wide range of energy plans, and one size doesn't fit all. The best plan for you will depend on your energy consumption habits, needs, and the plan features that you prefer.
If you live in a deregulated energy state like Texas you can save on your Electric Bill
Want to save on your electricity bill?
Compare Peso Power rates to other company rates in your city and find the best deal. Check out the list below and click on your city to find a cheap electricity plan. If your city is not listed, enter your zip code for a great rate in your area.
- Houston, TX
- Mission, TX
- Fort Worth, TX
- Dallas, TX
- Midland, TX
- Mcallen, TX
- Pearland, TX
- Corpus Christi, TX
- Big Spring, TX
- Alvin, TX
- Katy, TX
- Abilene, TX
- Sugar Land, TX
- Arlington, TX
- Missouri City, TX
- Laredo, TX
- Richmond, TX
- Harlingen, TX
- Edinburg, TX
- Plano, TX
- Cypress, TX
- Killeen, TX
- Humble, TX
- Dickinson, TX
- Grand Prairie, TX
- Mesquite, TX
- Angleton, TX
- Tyler, TX
- Eagle Pass, TX
- Allen, TX
- Spring, TX
- Eden, TX
- Belton, TX
- Carrollton, TX
- Baytown, TX
- San Benito, TX
- Mansfield, TX
- Irving, TX
- La Porte, TX
- Lewisville, TX
- North Richland Hills, TX
- Brownwood, TX
- Bay City, TX
- Big Lake, TX
- Round Rock, TX
- League City, TX
- Grapevine, TX
- Coppell, TX
- Tomball, TX
- Wichita Falls, TX
- Burleson, TX
- Kingsville, TX
- Colorado City, TX
- Euless, TX
- Pharr, TX
- Waco, TX
- Victoria, TX
- Weslaco, TX
- Del Rio, TX
- Temple, TX
- Pasadena, TX
- Rio Grande City, TX
- Lufkin, TX
- Waxahachie, TX
- Sherman, TX
- Red Oak, TX
- Mckinney, TX
- Haltom City, TX
- Rockwall, TX
- Menard, TX
- Pecos, TX
- La Marque, TX
- Alice, TX
- Rockport, TX
- Athens, TX
- Galveston, TX
- Cedar Hill, TX
- Richardson, TX
- Magnolia, TX
- Crosby, TX
- Los Fresnos, TX
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Please note: The rates above are updated periodically. Current energy rates may have changed since our last update. To get the latest energy rates in your area please go to our comparison page and enter your zip code. Energy rates shown above are for a residential monthly consumption of 1000 kWh in zip code 77043.
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