Payless Power

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About Payless Power

Payless Power supplies electricity to 196 counties and is classified as a retail power marketer. With 34,641 total consumers, the provider supplies electricity to only residential locations. The residential electricity rate for patrons of Payless Power is, on average, 15.70 cents per kilowatt hour , which is more than both the state and United States average prices of 12.41 and 14.11 cents per kilowatt hour, respectively. There were a total of 381,649 megawatt hours sold to retail customers in 2020 by the provider. Of the megawatt hours they sourced, 407,326 megawatt hours were acquired by way of the wholesale market. Their revenue in 2020 from electricity activities was $59,921,900, the entirety of which came from retail sales to end users.

The average residential electricity bill for a consumer of Payless Power is $144.15 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 Rate & Electric Bills

Payless Power residential electric rates are highest in January and the highest average bill is in January.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.160/kWh$0.141/kWh$145.12/mo.$115.02/mo.
2616th15.70¢Payless Power's Average residential price per kWh
2462nd$144.15Average monthly electricity bill for Payless Power's residential customers

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Payless Power Overview

  • Company Type:Retail Power Marketer
  • Parent Company:Young Energy
  • Headquarters:7524 Mosier View Court Suite 100
    Fort Worth, Texas 76118
    United States of America
  • CEO:Brandon Young

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Payless Power Coverage Map

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Payless Power State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State

Payless Power County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Anderson County57,9225310.60$126.53/mo
Andrews County18,6105410.63$126.28/mo
Angelina County86,3955410.59$126.31/mo
Aransas County23,8305210.50$126.23/mo
Archer County8,5605610.59$126.02/mo
Atascosa County48,9815310.44$125.87/mo
Austin County30,1675010.34$123.91/mo
Bastrop County97,2165510.67$127.04/mo
Baylor County3,4655610.56$126.42/mo
Bee County31,0475310.50$126.20/mo

Cities Payless Power Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

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Payless Power FAQ:

Who is the CEO of Payless Power?

The current CEO of Payless Power is Brandon Young.

Does Payless Power have a parent company?

Young Energy is the owner of Payless Power.

What is the average bundled bill for Payless Power customers each month?

Payless Power currently has an average monthly bundled electric bill of $144.15, compared to the Texas average of $140.36 and the US of $140.36 for bundled service.

How many counties does Payless Power sell electricity in?

Payless Power provides electricity to customers in 196 counties in the nation.

What is the phone number for Payless Power?

You can reach Payless Power by phone via (866) 963-9353.

What is the average bundled electricity rate for Payless Power customers?

The average bundled rate of electricity for customers of Payless Power is 15.70 cents per kilowatt hour (¢/kWh).

What cities does Payless Power sell electricity in?

Payless Power supplies in 1032 cities throughout the nation including Texas.

Last Reviewed By: Nick Reese
Published: 2022-08-01