Discount Power | Affordable Rates, Plan Details, and Reviews

Discount Power Energy Rates, Reviews & Plans

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About Discount Power

Discount Power is a Texas-based energy provider founded in 2008. Founded under the name Pennywise Power, the company changed its name to Discount Power in 2019. The parent company of Discount Power is NRG Energy. The company provides residential and business energy services throughout Texas. Discount Power’s mission is to deliver reliable and affordable energy to homes and businesses in Texas. Enter your ZIP code above to see Discount Power plans available in your area.

Discount Power at a glance

  • Offers fixed-rate and variable-rate electricity plans to meet customers’ needs
  • Prides itself on providing excellent service without hidden fees 
  • Specializes in delivering reliable and affordable energy to homes and small businesses

Discount Power electricity rates in Texas

Plan Name Plan Length Rate
Discount Power - Value Plus 12 12 months $0.227 / kWh

Please note: All rates above are accurate as of 9/30/2022, 6:34:13 AM CDT for ZIP Code 75001. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.

Discount Power plans

Choose from various electricity plans with Discount Power. Here are the fixed-rate and variable-rate plans that are available through the Save On Energy marketplace:

Value Plus 12

The Value Plus 12 plan is currently the cheapest Discount Power plan available. It’s a fixed-rate electricity plan with a 12-month contract, meaning you can lock your rate in for an entire year. The plan doesn’t require a base charge, and we recommend it to customers at all usage levels.

Saver 24

The Saver 24 is a fixed-rate electricity plan with a 24-month contract, allowing you to lock in your rate for two years. This plan is a great option for all customers because, like the Value Plus 12 plan, there’s no base charge, and pricing between usage levels is relatively equal.

 

Discount Power Reviews

Overall SaveOnEnergy score 2.5/5
Customer service 0/5
Online accessibility 5/5
Business history 2.5/5

We’ve broken down our scoring model into three main categories:

  • Customer service (Power to Choose complaint score; Satisfaction guarantee)
  • Online accessibility (Online bill pay; Online chat; Access to usage alerts & trends)
  • Business history (Number of years in business; Accreditation by the BBB)

For more information on SaveOnEnergy.com reviews, see the full list here.

(Ratings updated 09/08/2022)

Services offered by Discount Power

Discount Power for residential customers

Residents can take advantage of fixed-rate and variable-rate energy plans. Enter your ZIP code to explore which options are available in your area and the electric rates Discount Power offers.

Discount Power for business customers

Small businesses in Texas can save with an energy plan from Discount Power. Visit our commercial energy page to discover all the options available to you. 

Green energy options with Discount Power

Unlike other energy providers, Discount Power does not have 100% green energy options at this time. That said, you can still earn incentives, as every Texas plan contains them thanks to the state being leading producers in wind and solar energy. For Discount Power, most of their options offer up to 15% renewable energy. 

Other Discount Power initiatives

Discount Power is owned by NRG Energy. The company has a strong commitment to its communities and fosters a culture of volunteerism and philanthropy. NRG invests in a variety of causes such as education, human welfare, and environmentalism.

Discount Power services areas

Discount Power serves customers throughout Texas, including Houston, Dallas, Fort Worth, Corpus Christi, Irving, and Plano.

Discount Power also works in the service area of several utility companies. Utilities in Discount Power’s service area include:

SaveOnEnergy’s tips for easy electricity service setup

  • Don’t forget to read your plan’s Electricity Facts Label before signing up. It contains important information including:
    • Price per kilowatt-hour based on usage
    • % renewable energy sourcing
    • Early termination fees
  • Enjoy hassle-free supplier setup. Once your order has been confirmed, your new supplier will set up service with your utility, or transmission and distribution service provider (TDSP) – but don’t worry, there shouldn’t be any interruption to your power during the switch.
  • Understanding your electricity bill. Your local TDSP will still deliver your electricity and maintain electric infrastructure including meters and power lines. Your utility fees can be found as TDU or TDSP charges on your monthly bill. They are independent of your supplier rate.

How to move or transfer service with Discount Power

If you plan to move to another location within Discount Power’s service area, you can bring your energy plan with you. To do so, contact the company at least two weeks before your moving date. It gives them enough time to set up service at your new location.

Meanwhile, if you’re moving to an area outside of Discount Power’s service area, SaveOnEnergy can help you secure affordable rates. Enter your ZIP code to find your new plan and provider.

Discount Power electric rates in my area

Discount Power may offer different rates depending on where you live. It is due to the utility imposing a transmission fee for delivering electricity to your home or business. Therefore, you can use our marketplace to find the most accurate rates near me. Start by entering your ZIP code.

Contact Discount Power

  • Headquarters: Houston, TX
  • Bill pay: Log into your Discount Power account here
  • Customer service: Call 1-877-455-4674

Discount Power FAQs

What services does Discount Power offer? Expand / Collapse Toggle

Discount Power offers both fixed-rate and variable-rate energy plans to residential and business customers.

How can I compare plans and rates from Discount Power? Expand / Collapse Toggle

You can use the Save On Energy marketplace to compare rates and plans from Discount Power. Enter your ZIP code above, then use the filter tool to see only Discount Power plans.

Will Discount Power require a deposit? Expand / Collapse Toggle

When you sign up for your Discount Power plan, the company will run a credit check. Based on your credit score, you may need to pay an upfront deposit. To avoid a deposit, you may have to purchase electricity through a company that offers no-deposit plans or prepaid plans.

Will Discount Power charge me a cancellation fee? Expand / Collapse Toggle

Discount Power doesn’t charge a cancellation fee for its variable-rate plans, but it does for its fixed-rate plans. Early termination fees of either $150 or $200 will apply (based on the plan length) when you cancel your fixed-rate plan.

What is the best Discount Power electricity plan? Expand / Collapse Toggle

Currently, the Value Plus 12 plan has the lowest rate of the two Discount Power plans. Consider your budget and plan length to determine which one is best for you.

Discount Power rates in Houston

Plan Name Plan Length Rate
Discount Power - Value Plus 12 12 months $0.232 / kWh

Please note: All rates above are accurate as of 9/30/2022, 6:34:13 AM CDT for ZIP Code 77002. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.

Discount Power rates in Dallas

Plan Name Plan Length Rate
Discount Power - Value Plus 12 12 months $0.227 / kWh

Please note: All rates above are accurate as of 9/30/2022, 6:34:13 AM CDT for ZIP Code 75001. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.

Discount Power rates in Fort Worth

Plan Name Plan Length Rate
Discount Power - Value Plus 12 12 months $0.227 / kWh

Please note: All rates above are accurate as of 9/30/2022, 6:34:13 AM CDT for ZIP Code 76137. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.

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