Pennywise Power™ | Rates, Plans, Code | 833-556-6491

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Are you looking to sign up for electricity power from Pennywise Power? Please note that Pennywise Power and Discount Power were merged by NRG Energy under the Discount Power brand.

Pennywise Power is now Discount Power, so you should visit our Discount Power page. 

Call a Pennywise Power/Discount Power operator directly at 833-556-6491.


Pennywise Power Plans & Rates (now Discount Power)

2 Pennywise Power (Discount Power) Plans & Rates in Texas

Plan Name Plan Length Rate
Discount Power - Wise Buy Complete 1212 Months9.9 ¢/kWh
Discount Power - Wise Buy 2424 Months11.2 ¢/kWh
  • These rates are for Oncor service areas.
  • Pricing shown is based on an exact usage of 1000 kWh.

2 Pennywise Power (Discount Power) Plans & Rates in Houston

Plan Name Plan Length Rate
Discount Power - Wise Buy Complete 1212 Months10.9 ¢/kWh
Discount Power - Wise Buy 2424 Months11.1 ¢/kWh
  • These rates are for Oncor service areas.
  • Pricing shown is based on an exact usage of 1000 kWh.

2 Pennywise Power (Discount Power) Plans & Rates in Dallas and Fort Worth

Plan Name Plan Length Rate
Discount Power - Wise Buy Complete 1212 Months9.9 ¢/kWh
Discount Power - Wise Buy 2424 Months11.2 ¢/kWh
  • These rates are for Oncor service areas.
  • Pricing shown is based on an exact usage of 1000 kWh.

Compare Texas electricity rates vetted to prevent billing surprises

About Pennywise Power (now Discount Power)

Visit our Discount Power page for details on Discount Power/Pennywise electricity rates, plans and reviews, and other key information. Below you’ll find a summary of information on Pennywise.

The Pennywise brand of electricity was transitioned to Discount Power when NRG Energy acquired Discount and consolidated the brands. NRG Energy is a major electric company and has a family of trusted brands, including Discount Power, Reliant Energy, Cirro Energy, and Green Mountain Energy.

Go to our Discount Power page for full details on Discount/Pennywise. Check our promo codes page to see if there is a Pennywise Power promo code to receive a discount off Discount/Pennywise regular rates.

Check out our profiles of the most established  electric companies in Texas and consider Discount’s sister companies owned by NRG.

Pennywise Power Business Information

Pennywise Power, which is now Discount Power, has its Texas headquarters in the following location:

910 Louisiana St 3rd floor, Houston, TX 77002, United States

You can reach their corporate headquarters at +1 877-455-4674

If you want to sign up for a plan you can either enroll online or call 833-556-6491.

Pennywise Power Reviews & Ratings

Because the electricity company Pennywise assumed the name of Discount Power, you’ll find more current information by reading recent Discount Power reviews at the electric company’s Better Business Bureau page and Google page.

We combine data collected with our Home Energy Club/Amazon customer rating survey to produce a rating score for each energy provider, such as Pennywise/Discount Power.

Pennywise/Discount Power Rating Score: 4.3/5

Pennywise/Discount Power BBB Rating: A 

Pennywise/Discount Power Customer Ratings

Pennywise/Discount Power has relatively good ratings on the reviewed categories. The provider received a score of over 4.5 on one of the five reviewed categories.

Pennywise/Discount Power Customer Reviews


Pennywise Power Bill Pay

Go to the Pennywise Power bill pay page, which is now the Discount Energy bill pay page. To pay your bill, call the Discount Power phone number 833-556-6491 or go to the Discount Power login.

Report a Pennywise Power Outage

Pennywise power outages should be reported to the Transmission and Delivery Utility (TDU or TDSP) in your part of Texas. For phone numbers, here’s our Texas power outage phone directory.

Pennywise Power Frequently Asked Questions

Where to compare Pennywise Power plans, rates, reviews?

Compare Pennywise Power (now Discount Power) plans, energy rates and verified customer reviews on We carefully vet each energy plan to help protect you from tricky gimmicks that cause bill surprises and leverage our bargaining power with top energy companies in Texas to provide you special low discount rates. Enter your zip code on Home Energy Club to compare rates in your area. There’s never a membership fee.

Where are Pennywise Power promo codes for discount rates?

Go to the Pennywise Power profile page (now Discount Power) on to determine if they provide promo codes which give you instant rate discounts when you view plans and enroll. You’ll find valuable promo codes which deliver special discounted rates from many major electric companies in Texas on our site.

Is Pennywise Power a good company?

To determine whether Pennywise Power is a good company, we suggest that you check reviews posted by their customers at You’ll find Pennywise ratings and reviews from an assortment of trusted independent sources, such as the BBB, Texas Public Utility Commission, and review sites such as Yelp and Google.

On Google, Pennywise has over 850 verified reviews and a 4-star rating. Pennywise is accredited by the Better Business Bureau, where it has an “A” rating. To check reviews of over 40 electric companies in Texas, go to Home Energy Club and click on the “Reviews” link in the menu.

How can I pay my Pennywise Power bills?

Visit for full information about Pennywise Power. You have several options for Pennywise bill pay (Pennywise is now Discount Power):

  • Automatic Pennywise bill payments (now Discount Power bill payments) without any late fees through your Pennywise Power/Discount Power login
  • Phone bill payment through an automated system by calling Pennywise Power/Discount Power phone number at 833-556-6491
  • One-time bill payment through your Pennywise Power online account, which takes you to Discount Power page
  • App bill payment using Prism mobile app

Who owns Pennywise Power?

NRG Energy, one of the largest electric companies in the country, owns Pennywise Power (now called Discount Power), as well as Reliant Energy, Cirro Energy, Green Mountain Energy, Stream Energy and XOOM Energy. To view plans and rates from NRG companies, go to

Did Pennywise change its name to Discount Power?

The Pennywise Power and Discount Power brands merged when NRG Energy acquired the Discount Power group. Now the Texas electric company Pennywise Power is sold under the brand name of Discount Power. See more details on Home Energy Club.

How can I cancel Pennywise Power without an early termination fee?

If you are canceling service with Pennywise/Discount Power, compare other electric companies and special discount rates at Whether you have to pay a Pennywise Power early termination fee depends on the reason for terminating service and the plan type. If a customer ends their variable rate, month-to-month electricity plan, they generally do not have to pay a penalty. If you wish to terminate a fixed-rate, term plan early, a Pennywise Power cancellation fee may apply unless you are moving from your home.

Does Pennywise Power require a deposit?

Pennywise Power (now Discount Power) may require a deposit when enrolling in its plans, as the company does not provide “no credit check” electricity. If you have a satisfactory credit score and meet other eligibility criteria, Pennywise Power will waive your deposit when you enroll. You’ll find no-deposit prepaid plans from Pennywise’s sister company, Reliant Energy.

How to contact Pennywise Power?

Contact the Pennywise Power/Discount Power support team Monday through Friday, during their business hours, by calling customer service at 833-556-6491.

You can send Pennywise Power email to, and send postal mail to Discount Power, P.O. Box 2229, Houston, TX 77252-2229. For key website links and more information, go to the Pennywise profile page at