About Discount Power
Discount Power is an energy company based in Texas, where the deregulated energy market gives consumers the power to choose their energy provider. The company was acquired by NRG Energy in 2018 and merged with Pennywise Power in 2019.
Discount Power electric rates are available in variable-rate and fixed-rate plans throughout the Lone Star State. Discount Power has a special focus on offering affordable energy through cheap yet reliable plans. You can check out Discount Power plans near you by entering your ZIP code on the free SaveOnEnergy marketplace.
Current Discount Power electricity rates
Please note: All rates above are accurate as of 4/16/2025, 1:06:07 PM 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
Discount Power offers fixed- and variable-rate plans to suit a variety of customer needs and budgets. You can access and sign up for several Discount Power plans through the SaveOnEnergy marketplace. The following Discount Power plans are currently available:
Wise Buy 24
This fixed-rate plan has a contract length of 24 months and waives your service charge if you use more than 1,000 kilowatt-hours (kWh) of power per month. If you decide to switch plans before your contract ends, there is a $295 early termination fee (ETF).
Bill Credit Bundle 12 and 24
These fixed-rate energy plans have either a 12-month or 24-month contract. For every month you use 1,000 kWh or more of power, you gain a $100 bill credit. The 12-month contract has an ETF of $150, while the 24-month deal has an ETF of $295. You won’t be charged an ETF if you cancel your contract because you’re moving out of the Discount Power service area.
Discount Power Reviews
| Overall SaveOnEnergy score | 3.6/5 |
|---|
| Customer service | 2.7/5 |
| Online accessibility | 5/5 |
| Plan options
| 3/5 |
SaveOnEnergy has 20 years of experience working with various top-tier providers in deregulated markets. Because there are dozens of providers, hundreds of plans, and constantly changing rates, our reviews are not based on first-hand experience. We encourage customers to do their own research, compare multiple plans, and consider their individual priorities when choosing which provider is the best fit for them.
(Ratings updated 12/19/2024)
Services offered by Discount Power
Discount Power for residential customers
Residents have the power to choose between fixed-rate and variable-rate plans from Discount Power. To find Discount Power plans near you, enter your ZIP code on our marketplace or call the number on your screen to speak with one of our energy experts.
Discount Power for business customers
If you’re a small business owner, you may be able to choose Discount Power for your commercial energy needs. The company also runs a mobile app and online account management features, allowing customers to view their usage and pay bills online. Learn more or get in touch with a SaveOnEnergy expert on our business energy page.
Green energy options with Discount Power
Currently, Discount Power doesn’t offer any green energy plans. But this could always change, especially as Texas continues to generate significant quantities of the country’s wind and solar power.
Other Discount Power initiatives
Discount Power is part of NRG Energy, a brand that invests in several charitable causes. The company’s employees volunteer for thousands of hours each year as part of the positive NRG program.
Discount Power service areas
As a Texas energy provider, Discount Power plans are available across the state, including in the following utility service areas.
SaveOnEnergy’s tips for easy electricity service setup
- 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
- Let your supplier handle your 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.
- Understand 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’re a current Discount energy customer and plan on moving within the company’s service area, you can bring your plan to your new residence. Just make sure to let the company know before your move so they can transfer your plan.
But if you’re moving outside Discount Power’s territory, you’ll need to find a new plan — and SaveOnEnergy can help. Type in your ZIP code to find out what’s available in your area.
Discount Power electric rates in your area
Discount Power rates vary depending on which part of Texas you’re in. This is because each utility company has different transmission fees, which influences the total rate you pay. To find current prices and plans in your area, just enter your ZIP code on this page.
Discount Power rates in Houston
Please note: All rates above are accurate as of 4/16/2025, 1:06:07 PM 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
Please note: All rates above are accurate as of 4/16/2025, 1:06:07 PM 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
Please note: All rates above are accurate as of 4/16/2025, 1:06:07 PM 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.
