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Prepaid vs Postpaid Electricity

Knowing the difference between prepaid vs postpaid electricity is essential.

Have you been wondering about the difference between prepaid and postpaid electricity? Good question! Let’s take a look at the key differences and aspects of each.

First, we will explain the meaning of these terms:

What is Prepaid electricity?

Prepaid electricity refers to the ability to pay for your electricity usage upfront. There are a number of financial benefits and perks that come with these power plans, which we will review below.

What is Postpaid electricity?

Postpaid electricity refers to paying for your electric bill after the fact. Your payment is due upon receipt of the bill, giving you little to no flexibility with payments and billing deadlines.

Which power plan is right for me, Prepaid or Postpaid?

Review the requirements of both types of electricity plans in order to make the best choice for your family.

Ampra Energy’s prepaid electricity plans do require a payment up-front in order to activate your service, which is quick and easy to do.

Basic Prepaid electricity includes the following:

  • NO Social Security Number (SSN), credit check, or deposit required!
  • NO monthly invoice or late fees to worry about
  • The ability to monitor your usage in real-time with the use of Smart Meters. This innovative technology allows you to track your energy habits, cutting back on your usage to save money (and electricity!)
  • Automated payments and online account management options
  • Low variable and fixed rates are available
  • Ampra uses 100% Green Energy. When you get connected with Ampra Energy, you’re doing yourself and the planet a favor.

Postpaid electricity plans sometimes  require a large up-front deposit to activate services and also require the following:

  • A valid Social Security Number (SSN)
  • Credit check
  • A deposit – which is usually a non-negotiable requirement
  • Monthly invoice
  • Late or incomplete payments are subject to late fees
  • Automated payments and online account management options

Weighing your Options | Prepaid Vs Postpaid

Now that you know the main differences, perks, and benefits associated with each electricity payment plan option, determine the right fit for your particular lifestyle and needs.

  • How do you manage your money? If you’re interested in having the ability to monitor your electric usage and expenses before the charges stack up, prepaid electricity may be your best bet.
  • A postpaid electric plan requires payment after your usage has occurred, so there’s very little “wiggle room” for controlling your usage, billing deadline, and the amount that you are responsible for paying.
  • In addition to no SSN, credit check, or deposit required, you won’t have to worry about being charged extra fees or being penalized for being in less-than-perfect financial shape.
  • We value your privacy and know the importance of protecting your personal information. All you will need to provide your Ampra agent with is your name, phone number and/or email address, and some brief security information to keep your account safe and out of the wrong hands.
  • All you need to enroll in a prepaid electricity plan is the ability to text and/or access your email account for important account-related correspondence from Ampra.
  • Managing your Ampra prepaid electricity account is simple—you’ll get daily updates about your usage and account balance through email or text. Whenever your account balance gets low (with less than approximately 3 days of power usage remaining), you’ll be notified in plenty of time to add to your balance.
  • Prepaid electricity eliminates the stress associated with monthly bills and deadlines—you can pay how much you want, whenever you want! This type of power plan puts you in control, instead of the other way around.
  • If you choose to sign up for auto-pay, you can set up your account to pay a certain amount each month and/or automatically charge your card a predetermined amount whenever your account balance dips too low—the choice is yours!

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