- Rate 17.8¢ / kWh
- Contract Length 6 mo.
- Effective Date Aug 2023
- Green Energy 26%
- Plan seen in Texas
- Terms and Conditions
Electricity Rates, Plans & Statistics
Payless Power supplies electricity to 196 counties and is classified as a retail power marketer. With 38,452 total consumers, the provider supplies electricity to only residential locations. The residential electricity rate for patrons of Payless Power is, on average, 20.53 cents per kilowatt hour , which is more than both the state and United States average prices of 14.06 and 15.61 cents per kilowatt hour, respectively. There were a total of 450,355 megawatt hours sold to retail customers in 2022 by the provider. Of the megawatt hours they sourced, 482,099 megawatt hours were acquired by way of the wholesale market. Their revenue in 2022 from electricity activities was $92,471,500, the entirety of which came from retail sales to end users.
The average residential electricity bill for a consumer of Payless Power is $200.4 per month. Electricity production is not part of the Payless Power business model, as they purchase electricity at wholesale rates from other providers to then be resold to their end users.
Payless Power residential electric rates are highest in January and the highest average bill is in August.
Find out which plans are best for your home or business in your area and send a change request in minutes.
Payless Power offers a total of 8 plans for electricity. Plans are subject to change at any time and these may not be the plans currently offered.
|State||Customers||Sales ($)||State Rank Based On Revenue||% of Provider's Residential Sales in State|
|County||Population||Providers||Avg. County Rate (¢)||Avg. Electric Bill|
* City coverage generated based on government data. Always verify you can get service from the provider.
The current CEO of Payless Power is Brandon Young.
Young Energy is the owner of Payless Power.
Payless Power currently has an average monthly bundled electric bill of $200.40, compared to the Texas average of $158.47 and the US of $158.47 for bundled service.
Payless Power provides electricity to customers in 196 counties in the nation.
You can reach Payless Power by phone via (866) 963-9353.
The average bundled rate of electricity for customers of Payless Power is 20.53 cents per kilowatt hour (¢/kWh).
Payless Power supplies in 1032 cities throughout the nation including Texas.