NO deposit Electricity
Electricity with No Deposit for 65+
BKV Energy offers electricity plans for Texans ages 65 and older without the need to pay a deposit. Must provide proof of age with valid form of ID.
How No Deposit Energy Works
Pick Your Plan
First, enter your zip code. Then, select an energy plan that meets your needs for term length and renewable percentage.
Provide Proof of Age
While providing your account details, select the option for “I qualify for a deposit waiver.”
After you click the big yellow “submit” button, you will be prompted to provide your proof of ID via email or direct upload on our site.
Super Affordable electricity for texans
Low, gimmick-free energy rates
Our electricity plans come without monthly base charges, usage fees or requirements, and with our 30-Day Power Pilot, there’s we do not charge an early cancellation fee within the first 30 days.
Simple and affordable fixed rate energy
Save up to $500 per year on electricity
Simply choosing BKV Energy, you can save up to $500 per year on electricity. Thanks to our simple and affordable fixed rates without base charges or usage fees, you can spend less on energy.
No Deposit Electricity FAQs
How to waive your electricity deposit?
First, enter your zip code. Then, select a plan. On the account details page, select the radio button for “I qualify for a deposit waiver.” After you click the large, yellow “Submit” button at the bottom of the page, you will be prompted to upload or email the required proof for a deposit waiver. Forms of proof include: valid ID such as driver license or passport, signed certification letter from the Texas Council on Family Violence, or a letter of credit from your previous provider.
Who is eligible for No Deposit Electricity?
Texans who are 65 years of age or older are eligible for no deposit electricity. You must provide a valid form of identification (e.g. driver license or passport). Additionally, if you have a history of good standing with your previous provider, meaning you did not have any late payments in the last 12 months. Please provide a letter of credit from your previous provider to prove your good standing. If you are a victim of family violence and provide a signed certification letter from the Texas Council on Family Violence, you also qualify to have your deposit waived.
Trusted by thousands of Texans
Our customers appreciate our fair prices, ultra-transparency, and uncomplicated plans.
With BKV Energy you know exactly what you will get
They are very fair and honest with their pricing. Most providers have tricky price structures that make it hard to know what your bill will be. But with BKV Energy you know exactly what you will get. Highly recommend!
I had outstanding personalized customer service
from this company at a time when I am moving and there is typically a lot of need for comfort and reliability.
They went above and beyond to help me with my sign up and their rates are transparent.
Ready to Get Started?
Enter your zip code to explore affordable electricity plans in your area.