Payless Power

Electricity Rates, Plans & Statistics

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About Payless Power

Payless Power is a retail power marketer, which is a company that does business in deregulated electricity markets where consumers are able to choose from a multitude electricity providers. Recently filed reports by the company showed a total customer count of 34,641 customers. All of these customers are residential accounts. Payless Power's patrons are billed an average residential electricity rate of 15.70 cents per kilowatt hour. This is 27.19% more than Texas' average rate of 12.34 cents, which ranks the supplier 208th lowest for average electricity rate out of 215 suppliers in Texas. The company sold 381,649 megawatt hours through retail sales in 2020. The purchase of wholesale electricity made up 106.73% of the electricity sourced by the company. Their total 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.
2470th15.70¢Payless Power's Average residential price per kWh
2337th$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

Payless Power Contact

Payless Power Service

Payless Power Plans

Payless Power offers a total of 40 plans for electricity. Plans are subject to change at any time and these may not be the plans currently offered.

Most Popular Payless Power Plans

Premier 12

Residential

  • Rate 21.2¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Premier 12

Residential

  • Rate 21.2¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Premier 12

Residential

  • Rate 21.3¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Premier 12

Residential

  • Rate 21.5¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

All Payless Power Plans

Premier 12

Residential

  • Rate 21.2¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Premier 12

Residential

  • Rate 21.2¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Premier 12

Residential

  • Rate 21.3¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Premier 12

Residential

  • Rate 21.5¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Premier 12

Residential

  • Rate 21.1¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Premier 12

Residential

  • Rate 21.3¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Premier 12

Residential

  • Rate 21.5¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Premier 12

Residential

  • Rate 21.3¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Premier 12

Residential

  • Rate 21.3¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Premier 12

Residential

  • Rate 21.3¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Premier 12

Residential

  • Rate 21.2¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Premier 12

Residential

  • Rate 21.3¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Premier 12

Residential

  • Rate 21.3¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Premier 12

Residential

  • Rate 21.1¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Premier 12

Residential

  • Rate 21.1¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Premier 12

Residential

  • Rate 21.1¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Premier 12

Residential

  • Rate 21.5¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Premier 12

Residential

  • Rate 21.3¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Premier 12

Residential

  • Rate 21.2¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Premier 12

Residential

  • Rate 21.5¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Easy Choice

Residential

  • Rate 21.2¢ / kWh
  • Contract Length 0 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Easy Choice

Residential

  • Rate 21.1¢ / kWh
  • Contract Length 0 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Easy Choice

Residential

  • Rate 21.2¢ / kWh
  • Contract Length 0 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Easy Choice

Residential

  • Rate 21.3¢ / kWh
  • Contract Length 0 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Easy Choice

Residential

  • Rate 21.5¢ / kWh
  • Contract Length 0 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Easy Choice

Residential

  • Rate 21.3¢ / kWh
  • Contract Length 0 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Easy Choice

Residential

  • Rate 21.5¢ / kWh
  • Contract Length 0 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Easy Choice

Residential

  • Rate 21.2¢ / kWh
  • Contract Length 0 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Easy Choice

Residential

  • Rate 21.1¢ / kWh
  • Contract Length 0 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Easy Choice

Residential

  • Rate 21.2¢ / kWh
  • Contract Length 0 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Easy Choice

Residential

  • Rate 21.3¢ / kWh
  • Contract Length 0 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Easy Choice

Residential

  • Rate 21.5¢ / kWh
  • Contract Length 0 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Easy Choice

Residential

  • Rate 21.3¢ / kWh
  • Contract Length 0 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Easy Choice

Residential

  • Rate 21.3¢ / kWh
  • Contract Length 0 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Easy Choice

Residential

  • Rate 21.3¢ / kWh
  • Contract Length 0 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Easy Choice

Residential

  • Rate 21.3¢ / kWh
  • Contract Length 0 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Easy Choice

Residential

  • Rate 21.1¢ / kWh
  • Contract Length 0 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Easy Choice

Residential

  • Rate 21.1¢ / kWh
  • Contract Length 0 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Easy Choice

Residential

  • Rate 21.3¢ / kWh
  • Contract Length 0 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Easy Choice

Residential

  • Rate 21.5¢ / kWh
  • Contract Length 0 mo.
  • Effective Date Jul 2022
  • Green Energy 20%

Payless Power State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Texas34,64159,921,90089100%

Payless Power Reviews

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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?

Payless Power is a subsidiary of Young Energy.

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 $138.60 and the US of $138.60 for bundled service.

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 consumers of Payless Power is 15.70 cents per kilowatt hour (¢/kWh).

Last Reviewed By: Nick Reese
Published: 2021-03-16Last Updated: 2022-03-13