Electricity · Plan type
No-deposit electricity plans no money up front.
A deposit can run $150–$400 when you start service. No-deposit plans waive it — either through a prepaid balance, a satisfactory credit check, or a letter of credit from your previous supplier.
- 11.6¢
- Rate from (per kWh)
- No term – 24 months
- Typical term
See electricity rates at your address
Deregulated markets only. Free to compare, with no obligation.
Skip the deposit
Qualify with credit, prepay, or a letter of credit.
Faster move-in
One fewer bill to fund during a move.
Deposit refunds
Existing customers can often get a deposit back after 12 on-time payments.
What works well
- No up-front cash
- Multiple qualifying paths
- Available on both fixed and prepaid plans
Trade-offs to expect
- Sometimes a higher rate
- Prepaid path requires balance monitoring
Suppliers with strong no-deposit electricity options
Rates are illustrative market averages. Confirm the facts label before enrolling.
Common questions
How do I avoid a deposit with good credit?
Most suppliers waive the deposit on a soft or hard credit check above their threshold. Ask before you enroll.
What is a letter of credit?
A statement from your prior electricity supplier showing 12 months of on-time payments. It usually replaces the deposit.
Electricity is a separate ScoutRoo service from home internet. Rates shown are illustrative market averages — confirm terms on the supplier's facts label before enrolling.
Compare no-deposit electricity at your address
Enter your ZIP to see live supplier offers with the term, exit fee and renewable mix laid out side by side.