EspañolMost electricity companies ask for good credit to start a new energy service.
No Credit is Needed Here
Why is this? Electricity companies should understand that not all adult residents have decent credit. This article shows that merely 50% of American adults have decent credit.
So, what do the other 50% of the American population that needs electricity service do?
To get home electricity and with a monthly statement, the customer needs to prove that his credit is above average. The customer needs to give up his/her social security number or ITIN to do the credit assessment. If the credit score is below “good”, the energy company will charge a deposit. Usually, these deposits run from $200 to $500.
So, Why Do Electricity Companies Ask for Good Credit?
Customers with bad credit usually don’t pay their bills. Others without credit don’t care about it and leave their bills unpaid.
A residence can accumulate over a thousand dollars worth of electricity in 2 months. This is the length of time that an electricity customer can run electricity without having the power disconnected and not making a payment. Yes, some customers take advantage of this, therefore Electricity Companies Ask for Good Credit.
However, not all customers are the same, plus, everyone deserves a second chance.
How to get home electricity with low or no credit?
Now, what are we doing to help these “less than perfect” credit customers?
I believe that home electricity is a necessity and should be easy to get for everyone. So, why do electricity companies ask for good credit?
Prepaid Electricity Services
Buy your electricity in advance and forget about credit checks and deposits.
Prepaid Electricity Services will not ask for social security numbers, ITIN, or driver’s license numbers.
Similar to pumping gas into your car, buy as much electricity as you need with prepaid electricity with Payless Power. You will be receiving messages about your consumption, estimated time to run out, and how much you have left until empty. It’s like your gasoline gauge, when you see that your gas tank is almost empty, you just go to the gas station and buy more gasoline.
Save with Prepaid Electricity.
With your daily text notification of energy usage, you can see, and test how is the best way and time to use your appliances. As I did, you can learn that changing my A/C filter every 2-3 months is better than every 6 months. Another example is when you are doing your laundry. Doing laundry after 9 PM can save you more than 30% of this task energy usage.
With that said, the daily notification of electricity usage will tell you how many kWh you used the previous day. With that information you will do your best to lower your energy consumption and save; every day you will try a new trick to save more and more electricity.
Try Prepaid Electricity Risk-Free
Additionally, prepaid electricity will not lock you in a contract. Thus, if you do not like the service, you can cancel at any time.
Call us today and see what prepaid electricity all is about.
Follow my Power Blog for more information and ideas on how to save energy and pay less for your electricity.