Discount Power makes it easy to find affordable, straightforward electricity plans designed to help you save money without sacrificing reliability. With a focus on simple plan structures, competitive rates, and no-nonsense service, Discount Power appeals to budget-conscious Texans who want clear terms and predictable billing. Their online account management tools allow you to track your usage, pay your bill, and manage your plan from anywhere, while transparent Electricity Facts Labels (EFLs) ensure you know exactly what you’re signing up for. Whether you’re looking for a plan with bill credits, a flat rate, or short-term flexibility, Discount Power provides options to fit a variety of lifestyles and energy needs-making it a smart choice for those who value savings and simplicity.
Discount Power offers a range of electricity plans to suit different usage patterns, contract preferences, and budgets.
These plans lock in your electricity rate for the duration of your contract-typically 12, 24, or 36 months-protecting you from market price swings and providing predictable monthly bills. Popular options include the Wise Buy 12, 24, or 36 plans, which offer discounted rates for usage above 1,000 kWh and no monthly usage charge above this level. Early termination fees are $150, $295, or $395 for 12-, 24-, or 36-month contracts, respectively, but are waived if you move out of the service area.
The Bill Credit Bundle 12 and 24 plans are ideal for small- to medium-sized homes. These fixed-rate plans provide a $100 bill credit each month you use at least 1,000 kWh, rewarding consistent usage. Early termination fees apply and match the contract length ($150 for 12 months, $295 for 24 months)37.
The Wise Buy Monthly plan is Discount Power’s variable-rate, month-to-month option. It offers maximum flexibility with no long-term contract or cancellation fees-your rate can change each month based on market conditions. This plan is a good fit if you want the freedom to switch or move without penalty.
Some plans feature tiered pricing based on how much electricity you use each month, while others, like Wise Buy Basic, offer straightforward rates with no bill credits or extra incentives, making it easy to understand your bill.
Discount Power’s lineup includes:
Short- and Long-Term Contracts: Choose from plans as short as 12 months or as long as 36 months, depending on your preference for flexibility or rate security.
No-Deposit and Credit-Friendly Options: Most plans require a credit check, but some customers may qualify for deposit waivers or installment options.
Residential and Small Business Plans: Discount Power serves both homes and small businesses, with plans tailored to each.
Choosing the right Discount Power plan can help you save money and simplify your monthly budgeting. Always compare multiple plans, paying attention to contract length, rate structure, and whether bill credits or tiered pricing match your usage habits. Carefully review the EFL for each plan to understand all fees, credits, and requirements. If you want predictable costs, a fixed-rate plan is likely your best option; if you value flexibility, consider a variable-rate plan. Ready to find the best Discount Power plan for your home? Compare rates and lock in your choice today.
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| Provider | Plan Name | Plan Length | Rate |
|---|---|---|---|
 | 12 Months | 17.600¢ / kWh | |
| 24 Months | 17.800¢ / kWh | |
| 12 Months | 20.700¢ / kWh | |
| 24 Months | 18.900¢ / kWh | |
| 12 Months | 23.100¢ / kWh |
Discount Power is a Texas electricity provider serving hundreds of thousands of residential customers across the state. Founded in 2008 and based in Houston, Discount Power is part of the NRG Energy family, alongside brands like Reliant and Green Mountain. The company is known for its straightforward, affordable pricing and transparent plans, offering both fixed-rate and variable-rate options, including 100% renewable energy plans that offset your usage with wind power credits. Popular plans like Wise Buy and Bill Credit Bundle reward higher usage with discounted rates or bill credits, and contract terms range from month-to-month to 36 months. Discount Power is recognized for easy online account management, energy usage tracking, and partnerships with smart home providers. Serving major Texas markets such as Houston, Dallas, and Corpus Christi, Discount Power holds an A+ BBB rating and is praised for dependable service and budget-friendly rates. To view current rates, compare plans, or start service, visit discountpower.com or call (877) 455-4674.
When comparing Discount Power rates, begin by reviewing the Electricity Facts Label (EFL) for each plan, which details pricing, contract length, fees, and renewable energy content. Pay close attention to the average price per kilowatt-hour (kWh) at common usage levels-500, 1,000, and 2,000 kWh-to estimate your monthly bill based on your typical consumption. Consider your own energy habits: if your usage is steady, fixed-rate plans with bill credits or no monthly usage charges for higher consumption may offer the best value. If your usage fluctuates or you prefer flexibility, a variable-rate plan such as Wise Buy Monthly could be a better fit, as it has no long-term contract. Be sure to factor in additional fees, such as monthly base charges, usage thresholds for bill credits, and early termination fees, to ensure the plan aligns with your household or business needs.
Choosing between Discount Power’s fixed-rate and variable-rate electricity plans depends on your preference for price stability or flexibility. Fixed-rate plans, typically available in 12-, 24-, or 36-month terms, lock in your electricity rate for the contract duration, providing predictable bills and protection from market fluctuations. These plans often include bill credits for meeting certain usage thresholds or waive monthly usage charges for higher consumption. Early termination fees apply if you leave your contract early. Variable-rate plans, like Wise Buy Monthly, are offered on a month-to-month basis with no long-term commitment or early termination fees, allowing you to switch providers at any time. However, the rate can change monthly, which may result in higher bills during periods of high demand. Choose a fixed-rate plan if you value consistent costs, or a variable-rate plan if you prioritize flexibility and short-term commitment.
Discount Power applies early termination fees (ETFs) to its fixed-rate plans if you cancel before the contract ends. The ETF is typically $150 for a 12-month plan, $295 for a 24-month plan, and $395 for a 36-month plan. For Bill Credit Bundle plans, the ETF is $150 or $295 depending on the contract length. These fees help offset costs when customers exit agreements early. The ETF is usually waived if you move outside the service area and provide proof of your new address. Variable-rate and month-to-month plans, like Wise Buy Monthly, have no ETFs, offering flexibility for customers who may need to cancel without penalty. Always review the ETF details in your EFL before enrolling to ensure you understand the terms.
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