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All About Discount Power
Discount Power is a retail Texas electricity provider, serving residential and commercial customers across deregulated markets in the state. Headquartered in Houston, the company operates under its parent, NRG Energy, one of the largest Texas energy companies, offering competitive plans and straightforward pricing. Discount Power focuses on affordability and simplicity, making it a popular choice among customers seeking reliable service without hidden fees. As part of the competitive landscape of light companies in Houston, it differentiates itself with flexible contract options and customer-friendly policies designed to meet the diverse needs of Texans.
Discount Power Energy Electricity Rates
| Plan | Term | Rate |
|---|---|---|
| Bill Credit Bundle 24 | 24/months | 9.0¢/kWh |
| Bill Credit Bundle 12 | 12/months | 9.1¢/kWh |
| Essential Saver 12 | 12/months | 16.5¢/kWh |
| Wise Buy Basic 24 Online | 24/months | 16.8¢/kWh |
| Bill Credit Bundle 2000 kWh 12 | 12/months | 20.7¢/kWh |
| Bill Credit Bundle 2000 kWh 24 | 24/months | 20.7¢/kWh |
Discount Power Plans
The Wise Buy plan from Discount Power is designed for Texans who want predictable savings and straightforward pricing. This plan typically offers a fixed rate, making it easier to manage monthly budgets without worrying about seasonal spikes. Its a solid choice for households that value stability and want to avoid surprises on their bills. By locking in a rate, customers can enjoy peace of mind knowing their energy costs remain consistent, which is especially helpful in the unpredictable electricity in Texas market.
The Bill Credit Bundle plan rewards customers with credits when their usage reaches certain thresholds, making it ideal for medium to large households. This structure encourages efficient energy use while still providing savings for higher consumption months. Texans who use more electricity during hot summers or cold snaps can benefit from these credits, effectively lowering their overall bill. Its a flexible option that balances affordability with usage patterns, giving families a way to maximize value while keeping energy costs manageable.
Essential Saver is a Discount Power plan tailored for customers who want a simple, no-frills approach to energy savings. It typically offers competitive fixed rates, ensuring that customers can plan their monthly expenses without worrying about fluctuating costs. This plan is especially appealing to budget-conscious households or individuals who prefer straightforward billing. By focusing on affordability and reliability, Essential Saver provides a practical solution for Texans who want to keep their electricity bills predictable while still enjoying dependable service throughout the year.
Discount Nights is a unique plan that benefits customers who use most of their electricity during evening or overnight hours. With reduced or even free rates at night, this plan is perfect for households that run appliances, charge electric vehicles, or use more power after work hours. It encourages shifting energy usage to off-peak times, which can lead to significant savings. Texans with flexible schedules or high nighttime consumption can take advantage of this plan to lower costs while enjoying reliable service from Discount Power.
Get Same Day Turn on with Discount Power
Discount Power Same Day Service at 866-640-4602
If youre moving to a new home, you dont have to wait long to get your electricity turned on. With Discount Power, you can take advantage of same-day electricity service, which means your lights can be on the very same day you enroll in a new plan. To ensure same-day activation, make sure to sign up before the 5 p.m. cutoff time, Monday through Saturday. If you miss this deadline, your service will begin the following day.
Discount Power Early Termination Fees (ETFs)
Texas power providers, including Discount Power, often charge an early termination fee (ETF) if customers end their electricity plan before the contract term is complete. These fees are common with fixed-rate energy plans that require a contract. Your plans Electricity Facts Label (EFL) will outline any penalties included in your agreement. For Discount Power, the ETF fees are as follows:
- $150 for 12-month plans
- $295 for 24-month plans
Discount Power ETFs Exceptions
Not every situation will lead to an early termination fee. If you move outside of Discount Powers service area, the company will waive the fee. In this case, you will need to provide Discount Power with proof of your move when switching to a new energy provider. UtilityRates.com can assist you in finding a new power plan after your move.
Many energy providers, including Discount Power, may also waive the ETF under special circumstances, such as the loss of a home due to a natural disaster. If you experience this, contact Discount Power directly to explain your situation.
Does Discount Power Require A Deposit
| State | Who Bills? | Supplier Deposit Required | Utility Company Deposit Required |
|---|---|---|---|
| Connecticut | Utility Company | No | Yes |
| Delaware | Utility Company | No | Yes |
| Georgia | Supplier | Yes | No |
| Illinois | Utility Company | No | Yes |
| Maine | Utility Company | No | Yes |
| Maryland | Utility Company | No | Yes |
| Massachusetts | Utility Company | No | Yes |
| New Hampshire | Utility Company | No | Yes |
| New Jersey | Utility Company | No | Yes |
| New York | Utility Company | No | Yes |
| Ohio | Utility Company | No | Yes |
| Pennsylvania | Utility Company | No | Yes |
| Rhode Island | Utility Company | No | Yes |
| Texas | Supplier | Yes | No |
| Washington D.C. | Utility Company | No | Yes |
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