Pennywise Power Rates and Plans

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About Pennywise Power

Pennywise Power Texas understands that you make choices every day about how to spend your money. If you want to know you are getting the best electricity value, choose today to be Pennywise. Pennywise is perfect for Texans who want simple, essential electricity service without having to pay for any extra unnecessary features.

If you are continually looking for the lowest energy prices, good job, you have the right idea. It's only electricity! It doesn't matter where it comes from; it's all the same. Pennywise knows this, that is why this provider offers some of the most competitive electricity prices around. Why spend unnecessary amounts of money on necessary things like electricity when you can save with Pennywise? They provide you with a better solution, great prices, and dependable service. Pennywise gives you all that you need and nothing you don't.

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Popular Cities Pennywise Power Serves: Houston | Dallas

Pennywise Plan Options

There are several great options available for you to choose from when you are looking for the best Pennywise Electricity plan. All of Pennywise's plans fall into one of two options: fixed-rate or variable-rate. It is important to know what each of these options because you have the power to choose the best plan for your specific needs.

Fixed-Rate Plan

A fixed-rate plan will give you a set, locked-in rate for the duration of your plan. You will agree on a set rate upfront and can count on this rate remaining the same. With this plan, you will also have a set contract length. While your plan is running, you can count on stability, security, and predictability.

Variable-Rate Plan

A variable-rate plan is pretty much the opposite of a fixed-rate plan. With this option, you will not have a set rate, but instead, your rates will fluctuate each month. You will also likely not have a set contract length, but run on a month-to-month basis.

Most Popular Energy Plans Offered by Pennywise Power

Compare Pennywise Power plans to find the best option for you and all your needs.

Pennywise Power Wise Buy 24

This plan locks in a fixed rate for two years. With the more extended contract comes a lower price. This plan gives you great, locked in, low prices for two full years. Wise Buy 24 includes automatic payment options and paperless billing. If you need out of your contract early, there is a $200 cancellation fee.

Pennywise Power Wise Buy Monthly

Are you looking for an energy plan without the commitment? This is one of the PennyWise Power energy plans that comes with no contract. This month to month plan lets you cancel anytime without any cancellation fee. With the freedom of no contract comes a high kWh and variable price. You have full control of how long you use this plan. This option provides you with tremendous flexibility and control.

Pennywise Power Wise Buy 12

This plan is similar to the Wise Buy 24, with only half the contract time. This option is perfect for short-term renters. With the shorter contract comes a cheaper cancellation fee of $150. This fixed rate plan will need to be resigned every 12 months, actually giving you the opportunity to look for better Pennywise Power energy rates more often.


Phone Payments With Pennywise Power

Pennywise Power Payment Options

Pennywise Power offers several ways to pay. Here are a few different ways you can pay with Pennywise Power:

Automatic Pennywise Payments

You can set up your account to make automatic payments for you each month, so you do not have to worry about it. This payment plan takes the stress off you and does everything digitally.

One Time Pennywise Payments

Pennywise Power allows you to log in to make one-time payments digitally through your account.

Phone Payment

Another way to pay your bills is through the phone. Pennywise Power allows you to pay through an automated system on your phone or through talking to a Customer Care Representative directly.

Mail Payment

If you feel more comfortable with paper billing, Pennywise also allows you to mail your payment.

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Pennywise Power Electricity Plans Reviews

Rated 4.8 / 5 based on 110 Energy Outlet customer reviews
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Facts About Pennywise Power

Headquarters: Houston Tx
Founded: 2008
Subsidiary of Reliant Energy since: 2008
Market served: Texas
Pennywise Power is ideal for savvy consumers who want energy without all the frills.

Frequently Asked Questions

What is the most popular Pennywise Power electricity plan?

Pennywise Power’s most popular fixed-rate plan is called the “Wise Buy 12” or the “Wise Buy 24”. Both of these options offer simple, locked-in rates and a set contract. Users have the option of either a 12-month or 24-month plan option. Pennywise Power also offers a variable-rate plan called the “Wise Buy Monthly.”

Is Pennywise Power a good electricity provider option? 

Pennywise Power is a good electricity provider option for anyone looking for simple electricity and low rates. The company offers simple, straightforward fixed-rate and variable-rate plans. They have received a high rating on Google of 4.3 stars. 

What kind of energy plans are available through Pennywise Power?

Through Pennywise Power, users have the choice of either a fixed-rate or variable-rate plan. Fixed-rate plans offer plenty of stability and security with locked-in rates and a set contract. Variable-rates, however, provide users with plenty of freedom and flexibility. This plan type runs on a monthly basis rather than on a set contract, with a set rate. 

How does energy deregulation affect my electricity plans?

Energy deregulation is what gives users the power to choose their own energy plans and providers. It is what allows companies such as Pennywise Power to operate, and it creates competition between energy providers. With users being able to choose their electricity provider, companies are forced to do what they can to stand out from the competition. To do so, many providers will offer low rates and unique plan options. This is great news for you as the user because it means that it is now easier than ever to find great plan options. 

Does Pennywise Power provide energy plans in my city?

Pennywise Power provides energy plans in all the deregulated cities across Texas. Several of the top Texas cities are deregulated such as Dallas, Houston, Waco, Fort Worth, Galveston, Corpus Christi, and others. If you live in or around these cities, you are likely in a deregulated area. If you are unsure if your city is deregulated or not, be sure to take a look at the different electricity options for your city.

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