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Texas: You Have the Power to Choose Great Variable Rate Electricity. You need to be cautious when looking for variable-rate electricity plans. This article will show you which are better for your short-term needs and which one is best for your immediate convenience. Texas Fixed Rate Electricity: Cheapest Alternatives. What are Variable-Rate Electricity Plans? Dallas has no deposit electricity. What does it mean to have no deposit electricity? Many energy companies have credit requirements for customers. A customer may need to deposit money if their credit score is below the threshold. You can also opt out of deposit-free electricity plans. Texas Electricity Ratings does not offer deposit options for many of its standard plans. Only 10% of customers end up making a deposit prior to receiving service. Texas Electricity Ratings runs a non-credit check to see if your credit scores are in line with the thresholds. Then, you can search for no-deposit affordable energy plans. You can lock in lower rates long-term if you terminate your contract during these periods. You might find yourself stuck trying to get a low-cost electricity plan if your contract ends in winter or the summer. You should compare the electricity companies in such situations. Don't rush into a new contract! The key to saving on your monthly energy bills is to find a cheap, short-term electricity plan or variable-rate plan. These will help you reach the shoulder months, where rates are less expensive.