Payless Power: Texas Electricity Plans, Corporate Ownership & Consumer Review
Payless Power operates in Texas under the legal entity Young Energy, LLC d/b/a Payless Power (PUCT REP Certificate #10110) and is owned by Young Energy, LLC (Privately Held). Review verified corporate history, service areas, EFL fee structures, and available plans below.
Quick Facts (Payless Power):
- Market Role: Retail Electric Provider (REP) — sets retail plan rates and bills your account; local power lines and outage repairs remain with your TDU (Oncor, CenterPoint, AEP Texas Central, AEP Texas North, TNMP).
- PUCT REP Certificate: #10110 (Young Energy, LLC d/b/a Payless Power)
- Brand Founded vs. Parent Founded: Payless Power brand launched in 2005 · Parent Young Energy, LLC (Privately Held) founded in 2005.
- Headquarters: Fort Worth, Texas
- Power Hopper Feed Status: Researched Reference Profile (Not currently active in Power Hopper enrollment feed)
Compare Available Electricity Plans (Partner Status Disclosure)
Availability Disclosure: Payless Power (Young Energy, LLC d/b/a Payless Power, PUCT REP #10110) is an active, certificated Texas Retail Electric Provider, but is not currently an active enrollment partner in Power Hopper’s comparison feed. Power Hopper never displays fabricated rates or unauthorized checkout links for non-participating suppliers.
You can enter your Texas ZIP code below to compare live, condition-free fixed-rate plans from the 19 participating retail electric providers in your local delivery utility area.
1. Who Is Payless Power and Who Owns It?
Founded in Fort Worth, Texas in 2005 by the Young family (Brandon, Bret, and Gerry Young), Young Energy, LLC obtained PUCT REP Certificate #10110 in 2005 and operates under the consumer brand Payless Power.
Operating History in ERCOT: Payless Power specializes in no-deposit, no-credit-check prepaid electricity ('SmarTricity') and traditional postpaid plans across competitive ERCOT territories equipped with smart meters (AMS).
| Consumer-Facing Brand | Payless Power |
|---|---|
| Certificated Legal Entity | Young Energy, LLC d/b/a Payless Power |
| PUCT Certificate Number | REP #10110 |
| Entity Classification | Retail Electric Provider (REP) (Not a TDU wires utility or electricity broker) |
| Brand Founding Year | 2005 |
| Current Parent Company | Young Energy, LLC (Privately Held) (Founded 2005) |
| Sister Texas Retail Brands | None in registry (operates as a standalone certificated Texas brand) |
| Corporate Headquarters | Fort Worth, Texas |
| Verified TDU Service Areas | Oncor, CenterPoint, AEP Texas Central, AEP Texas North, TNMP |
| Customer Service Contact | 1-866-963-9353 · https://www.paylesspower.com ↗ |
| Mailing Address | 4100 International Plaza, Suite 600, Fort Worth, TX 76109 |
| Last Independently Verified | 2026-11-04 |
2. Is Payless Power a Retail Provider or a Delivery Utility?
Payless Power is a Retail Electric Provider (REP), not a local delivery utility. If you enroll with Payless Power in Dallas, Fort Worth, Houston, Corpus Christi, or Lubbock, Payless Power does not own the poles, wires, or smart meter at your home. Your local Transmission and Distribution Utility (Oncor, CenterPoint, AEP Texas, TNMP, or LP&L) delivers the electricity, reads the meter, and restores power after storms. Regulated TDU delivery charges are passed through on your bill at the exact same PUCT-approved rate regardless of which retail provider you choose.
3. What Types of Electricity Plans Does Payless Power Offer?
- Prepaid no-deposit fixed-rate plans (SmarTricity 6 and 12 months)
- Traditional postpaid monthly billing plans
Renewable Energy Offerings: Includes the standard Texas grid renewable percentage disclosed on each plan’s Electricity Facts Label.
4. Billing Practices, Cancellation Fees, and Conditions to Check
- Billing & Payment Policies: Prepaid accounts require an initial connection balance (often $40–$75) rather than a credit check or security deposit; daily usage and account balance alerts are sent via text/email as smart meter reads arrive.
- Early Termination Fee (ETF) Policy: Prepaid plans generally allow cancellation without a long-term penalty, or specify modest terms on the EFL; always verify disconnect/reconnect fees if a prepaid balance reaches zero.
5. What Payless Power’s Ownership Means for Customers (Before You Enroll)
Payless Power is a legitimate, PUCT-certificated Fort Worth provider for households seeking immediate no-credit-check prepaid connection. However, prepaid electricity plans in Texas typically carry a 3¢ to 6¢ per kWh premium over standard postpaid fixed-rate plans. Before choosing a prepaid plan, check whether you qualify for a free statutory deposit waiver on a lower-cost postpaid fixed-rate plan under PUCT Rule §25.478 (such as being age 65+, providing a 12-month on-time payment letter from a prior utility, or qualifying under medical or domestic-violence exemptions). Payless Power is not currently active in Power Hopper’s enrollment feed.
Pre-Enrollment Checklist for Any Payless Power Plan:
- Open the plan’s official Electricity Facts Label (EFL) and compare the 500 kWh, 1,000 kWh, and 2,000 kWh average price rows. If the 1,000 kWh price is 4¢–6¢ lower than the 500 kWh and 2,000 kWh rows, the plan uses a usage-threshold bill credit that can increase bills in mild or peak months.
- Confirm whether the advertised energy charge requires continuous enrollment in AutoPay and paperless billing.
- Check whether the early cancellation fee is a flat dollar amount (e.g., $150) or per remaining month (e.g., $15–$20 × months left), and use our Switching Break-Even Calculator if you are leaving an existing contract.
- Mark your contract expiration date on your calendar so your account does not roll onto a high month-to-month holdover rate when the fixed term ends.
Frequently Asked Questions About Payless Power
Who owns Payless Power in Texas?
Payless Power operates under the legal entity Young Energy, LLC d/b/a Payless Power (PUCT REP Certificate #10110) and is owned by Young Energy, LLC (Privately Held). The Payless Power brand dates to 2005, while its parent company traces its founding to 2005.
What is Payless Power’s PUCT certificate number?
Payless Power is certificated by the Public Utility Commission of Texas under REP Certificate #10110 (Young Energy, LLC d/b/a Payless Power).
Can I waive Payless Power’s early cancellation fee if I move?
Yes. Under Public Utility Commission of Texas Substantive Rule §25.475, every certificated Texas retail electric provider—including Payless Power—must waive the early termination fee when a residential customer moves out of the service address and provides reasonable proof of the move.
Authoritative Sources & Verification
- PUCT REP Certificate #10110 — Young Energy, LLC d/b/a Payless Power ↗
- PUCT Substantive Rule §25.498 (Prepaid Retail Electric Service) ↗
Profile last verified 2026-11-04 by Power Hopper (BJW Ventures LLC d/b/a Power Hopper, PUCT Broker Registration BR260201). Back to All Texas Electricity Providers · Compare Plans by ZIP Code · Electricity Calculators.