Discount Power Rates, Plans, and Reviews

Discount Power, a subsidiary of NRG Energy, is one of the many retail electric providers operating in deregulated locations across the Lone Star State. The company provides affordable and transparent electricity plans to residents across Texas. 

Choose Energy makes it easy to explore Discount Power rates and compare them with other providers to find the right plan for you. Enter your ZIP code to get started.

If you’re looking for an electricity provider with straightforward plans and pricing, Discount Power may be a good option. The company prides itself on transparency and doesn’t charge any hidden fees or costs.

Discount Power offerings include:

• Fixed-rate and variable-rate plans
• Plan options powered partially by green energy 
• No-deposit plans for creditworthy customers

Choose Energy partners only with reputable energy providers, including Discount Power. When we choose our partner providers, we consider factors such as:

• Reliability
• Plan variety
• Customer service
• Cheap rates

Because Discount Power fits those criteria, Choose Energy is proud to feature this energy provider’s electricity plans on our marketplace.

Types of rates offered by Discount Power

Like most providers, Discount Power offers two types of electricity rates: fixed-rate and variable-rate plans. Here’s how they compare to help you choose the best energy plan for your home or business.

• Fixed-rate plans: When you opt for a fixed-rate plan, you’ll typically enter into a contract with Discount Power for 12–36 months. Your rate will remain stable during this period, giving you more predictable energy bills.
• Variable-rate plans: In contrast, variable-rate plans do not usually offer long-term contracts, so they’re a good choice if you can’t meet the credit threshold or do not want to commit to one provider for an extended period. Your Discount Power variable rate isn’t locked in, so your rate is likely to fluctuate from one billing cycle to the next.

To compare Discount Power plans available in your area, enter your ZIP code on this page.

No-deposit options from Discount Power

When you sign up with Discount Power in Texas, you may need to complete a credit check. Depending on the results, you may be required to pay a security deposit before your service begins. To explore other options in your area for no-deposit or prepaid energy plans, enter your ZIP code and filter your search results for no-deposit options. You can also call the number on your screen to navigate the process with an energy expert.

Currently, Discount Power does not offer any no-deposit options, but you may be eligible for LITE-UP, a program that allows you to pay your deposit in two installments. This is a good, budget-friendly option for low-income individuals.

Green energy with Discount Power

Each Texas energy plan includes some percentage of green energy from solar or wind sources, and Discount electricity plans are no exception. These plans are powered by 20% renewable energy, slightly below the statewide average of 31%. The company doesn’t currently offer any 100% green energy plans.

Moving or transferring service with Discount Power

If you’re switching to Discount Power from another provider or you have an existing Discount Power contract and are moving to a new address, you’ll find it easy to transfer or begin your service.

You can use the Choose Energy marketplace to compare electricity providers and plans. After you’ve chosen your new plan, there’s no extra work required on your end to transfer your service. Your provider, whether it’s Discount Power or another electricity company, will manage the logistics, and you shouldn’t experience any disruptions to your power.

Renting with Discount Power

Discount Power’s discount energy plans work well for renters and homeowners. However, renters may especially like the company’s variable-rate plan, Wise Buy Monthly. This plan doesn’t lock you into a long-term contract. You’ll pay a different rate each month, and you can change plans without paying a fee when you need to move.

Cancellation fees

Most electricity providers have an early termination fee (ETF) if you cancel your service before the end of your contract. Discount Power charges early termination fees to fixed-rate plans ranging from $150 to $395, depending on the contract length.

Discount Power business electricity

Discount Power also offers commercial energy options for small businesses. If your business needs a new electricity provider, Choose Energy can help build a plan to fit your needs. Call the number on this page or fill out our commercial energy form to learn more about choosing a business energy provider near you.

Other Discount Power initiatives

The Discount Power Storm Center provides customers with important resources to help them keep their families safe during extreme weather. On the Storm Center page, you can find information about backup power, disaster relief and recovery programs, weather updates, storm safety tips, and more. The page also includes a list of contact numbers for each Texas utility to inform you exactly who to call if you have an outage.

In addition, Discount Power works with Vivint for custom home automation and security system savings. You can save up to $120 when you purchase a Vivint Smart Home system if you choose Discount Power as your energy provider.

Discount Power offers several energy plans through our marketplace. Available plans may vary depending on your location. Find out more about the most popular Discount Power electricity plans below.

Wise Buy 12, 24, or 36

The Wise Buy Discount energy plan is a one-, two-, or three-year contract, making it a good choice if you’re looking for a longer-term plan. There is no monthly usage charge if you use more than 1,000 kilowatt-hours (kWh), and pricing above this level is significantly discounted. There is an ETF of $150, $295, or $395 for the 12-, 24-, and 36-month plans, respectively. This fee is waived if you move out of the service area and need to cancel.

Bill Credit Bundle 12 and 24

These one- and two-year fixed-rate plans are ideal for small- to medium-sized homes. Each plan offers a $100 bill credit for customers who use 1,000 kWh or more per month. You’ll incur an ETF of $150 or $295 if you cancel your plan early. 

Wise Buy Monthly

Discount Power’s only variable-rate plan suits customers who want to avoid a long-term contract. You can cancel at any time without penalty. Keep in mind that your Discount Power rate can change from month to month with this option. 

If you’re new to a deregulated energy market, you may not be used to shopping for electricity. The Choose Energy marketplace simplifies the process by providing a free one-stop shop for comparing providers, reading reviews, and choosing a power plan.

The process couldn’t be easier. Simply enter your ZIP code, filter your results for specific plan types or providers, and compare your options. From there, you can sign up online in minutes.

Discount Power’s Texas energy plans serve many customers across the Lone Star State. Below are some of the utility companies and cities that fall into Discount Power’s service area:

• AEP Texas Central. This service area includes the cities of Corpus Christi, McAllen, Harlingen, and Laredo.
• AEP Texas North. This service area spans northern Texas, including Abilene, San Angelo, and Vernon.
• CenterPoint Energy. The CenterPoint service area includes over 2 million residences and businesses in the Houston metropolitan area.
• Oncor Electric Delivery. Oncor operates one of Texas’ biggest service areas, including Dallas, Plano, Paris, and other communities across the state.
• Texas-New Mexico Power. This service area includes communities in Houston, Dallas–Fort Worth, and Alvin.

Discount Power rates vary by location, so it’s important to search for electric rates near you when shopping for a plan. Utility transmission charges change based on where you live, so your rates may differ from someone in another Texas city. Ready to find electricity rates in your area? Confirm your ZIP code to find current plans and pricing.

Choose Energy reviews each of our energy partners to provide an overview of their service ratings. We’ve broken down our scoring model into three main categories:

• Customer service
• Online accessibility
• Business history

Using these criteria, Choose Energy assigns impartial reviews to top electricity providers in Texas. Based on our Discount Power review, the company’s overall score is 2.5 out of 5. To learn more about electric provider reviews, find our full list here.

If you’re feeling a little overwhelmed as you navigate a deregulated energy market, Choose Energy is here to help. We will guide you through the process of switching providers and setting up your new plan.

A few things to remember

Review the plan: Before signing up with a new electricity company, make sure to check the plan’s Electricity Facts Label (EFL). It should include key information, such as:

• The price of the plan (per kilowatt-hour used)
• The amount of renewable energy included in the plan
• The cost of canceling your contract early

Let your provider handle the setup: Once your plan is set up, Discount Power will finalize everything with your utility company. You will not experience a disruption to your service.

Know what to expect on your electric bill: Finally, be sure you understand your electricity bill. Your bill will include charges from Discount Power for your electricity usage, as well as charges from your utility company for delivering power to your home, known as transmission fees. Your utility company is responsible for restoring power to your home during a power outage.

 

Energy bills can add up quickly and eat into your monthly budget for other important expenses. The good news is that there’s a lot you can do to lower those costs. You can start with simple things like unplugging unused appliances, reducing your HVAC usage, replacing incandescent light bulbs with LED bulbs, and re-caulking around windows and doors. 

For bigger savings, try installing energy-efficient appliances. You may also be able to lower your bill by finding a new energy plan. Check out our guide on lowering your electricity bill for more ways to save energy.

• Headquarters: Houston, TX
• Bill pay: Log in to your Discount Power account here
• Customer service: Call 1-877-455-4674 or chat online
• Outages: Contact your utility company

What services does Discount Power offer?

Discount Power offers fixed-rate and variable-rate energy plans to residential customers. The company prides itself on offering transparent, affordable pricing. 

How can I compare plans and rates from Discount Power?

You can easily compare Discount Power rates and plans using the Choose Energy marketplace. To get started, enter your ZIP code. You can scroll through all the energy plans near you or simply filter your results to find plans from Discount Power.

Will Discount Power require a deposit?

Discount Power usually requires a deposit when you sign up for service, but the company may waive the deposit for creditworthy customers.

Will Discount Power charge me a cancellation fee?

Discount Power charges an ETF that varies depending on contract length. The 12-month plans have a $150 ETF, while longer plans have a $295 or $395 ETF. This fee may not apply if you move out of Discount Power’s service area.