Learn how to create electric Text Effect by following this step-by-step tutorial.
In this tutorial we will use Pen, Brush, Direction Selection
tools and other effects.
7. Now create a new layer and in the Edit menu
select Stroke (This effect adds the appearance of a stroke
to the edge of a layer’s contents.), in the popup window apply the options
as shown below:

8. Now Double-click the layer and apply the
Outer Glow layer style as shown below:
9. Then Ctrl + Click the Text
layer, go to Channel palette and fill the selection with
White color.

10. Then press Ctrl + D and again press Ctrl
+ L. Select Filter >> Gaussian Blur and apply
the setting as shown below:

11. Level has the power to adjust brightness, contrast, and
tonal range by specifying the location of complete black, complete white,
and midtones in a histogram. To apply level press Ctrl + L
and choose the options as shown below:

12. When ever you create a layer in channel Photoshop automatically
save the selection. Now to load the selection go to Layer palette and Select
>> Load Selection, in the load selection popup menu apply the
setting as shown below:

13. Add Stoke with the same color and options
you apply ealier (Step-7). Set the Fill = 0%, now
Double-click the layer and apply the Outer Glow
layer style as shown below:

14. On a new layer above the cloud layer select the Brush
tool with White color apply as shown. Now press Shift
+ Ctrl + Up Arrow key for about 30 to 40 times (as for your requirements).
15. Press Ctrl + T, then select Transfer
and Wrap mod apply as shown (1st image). Repeat the steps on a new
layer with other direction.
16. Now set the Blending Mode of both layer to Overlay.
Select Liquify from Filter menu and apply
the settings as shown below:

17. Now its time to create lightning, press Ctrl + D
then go to Filter menu and apply Cloud sub-option
from Render option. Again go to same menu and this time select
Difference Clouds sub-option from Render option.

18. Now press Ctrl + I and then Ctrl
+ L and apply the setting as shown below and set the Blending
Mode to Overlay:


19. Now we’re very close to being finished. Select soft
(size=80 px) Eraser tool and set the Opacity = 45%,
apply around the black color.

20. Press Ctrl + L and apply the options as
shown below:

20. Add your company logo or text. Here’s the finished
picture.
