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Skip the Deposit: The Rise of No-Deposit Energy Plans

Skip the Deposit: The Rise of No-Deposit Energy Plans

No-deposit energy plans offer relief for those with poor credit or cash issues. These plans, often prepaid, allow consumers to avoid upfront costs but may lead to higher expenses later. They're particularly popular in deregulated markets like Texas. Experts warn that while convenient, no-deposit plans should be temporary. The real goal is to transition to a fixed-rate plan, which can be more cost-effective in the long run.

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