Prepaid Electricity versus Traditional
Have you ever moved into a brand new apartment or a new house? You’re super excited, a new home in a new town, you feel the world is at your fingertips, and you’re all set to go! Now it’s time to turn on the electricity. You all of sudden have this feeling of anxiety. You’re wondering if your credit will allow you to sign up without a security deposit. You began to wonder do you have enough funds saved up for a $200-$300 security deposit.
When it comes to traditional electricity, there are cases where a security deposit is simply not enough. In cases such as this, a cosigner is needed. A cosigner is a person whose credit is a little more established who is willing to take responsibility of the account in case something goes wrong.
For example, if the bill is not paid and the bill goes to collections it will be the cosigner’s credit that will be affected. So now there you are forced to solve the problem of having to search for a cosigner. What a downer!
So your credit background was fine to rent an apartment but not to turn on your electricity? Boy is that weird. So here you are trying to decide which one of the people in your life will take you on and be your cosigner. How embarrassing!
With prepaid electricity, all of this can be avoided. The dreaded credit check does not exist, neither is a deposit. This alleviates a good amount of stress. So that you can concentrate on the many other things that are associated with relocating.
No Surprise Bills
Anyone who has dealt with traditional electricity has experienced the easy feeling of trying to figure out their first bill. In many cases even after diligently looking over the bill you’re still oblivious about the large amount. With prepaid electricity, there are no surprises.
Prepaid electricity has gained an excellent reputation when it comes to transparency. Unlike traditional electricity, with prepaid electricity, you can observe and monitor exactly how your electricity is being used.
Most of us can remember growing up and our parents telling us to turn off the lights when we leave the room. These days it seems to be more difficult for many to consider how small things such as that can make your bill soar.
Having prepaid electricity for most of us will be sort of a civic lesson. Learning the different ways that make our bills higher. And let’s not forget the absence of fees and collection costs.
Do you have to pay in advance? Yes, prepaid means just that to pay in advance. Does that mean when you run out of the money in your account, the house will go dark? No, most prepaid electricity companies have corrected that problem. Your account will be automatically recharged. So that means replenishment is automatic.
Easy simple and convenient is the name of the game with prepaid electricity. No contracts, no huge bills, no searching for cosigners, those days are over! The Prepaid Electricity Company in Texas is proving that prepaid electricity will be the new and stress-free way of doing electricity in the future.
Also, lastly many electricity users are unaware of the fact that electricity prices go up and down. This is why your bill looks different from month to month. New emerging prepaid electricity companies have added to their programs the ability for the customer to see that the price has changed, giving them the choice to purchase or not to purchase.
