Compare All Discount Power Plans, and Rates to Save
Here you can see all the rates offered by Discount Power and compare them head-to-head. If you're trying to get a better idea about each plan's features, you might like our Discount Power Plans and Products page.
Discount Power Electricity Rate Comparison
- Plan Name
- Price
- MRC
The 'Monthly Recurring Charge' is a fee that the provider will add to each of your bills in addition to the electricity/gas usage charges.
- Term
- Type
Compare The Cheapest Discount Power Plans By Region
Discount Power Electricity Plans in Houston
| Company & Plan | Term | Rate |
|---|---|---|
| Discount Power - Wise Buy 24 | 24 month | 13.2¢ |
Discount Power Electricity Plans in Dallas
| Company & Plan | Term | Rate |
|---|---|---|
| Discount Power - Wise Buy 24 | 24 month | 12.7¢ |
Discount Power Electricity Plans in Abilene
| Company & Plan | Term | Rate |
|---|---|---|
| Discount Power - Wise Buy 24 | 24 month | 13.2¢ |
Discount Power Electricity Plans in Corpus Christi
Discount Power's Plans and Rates by TDSP
| AEP-North (Abilene) | 15.7¢ | 13.2¢ | 12.9¢ |
| Centerpoint (Houston) | 15.6¢ | 13.2¢ | 12.9¢ |
| Oncor (Dallas/FW Metro) | 15.1¢ | 12.7¢ | 12.5¢ |
| TNMP (West Texas) | 17.1¢ | 14.3¢ | 13.9¢ |
What Do Discount Power Listed Rates Mean?
The 'average rate' you see on your Discount Power bill and in the advertisements includes several different charges - there are per-kWh energy charges, per-kWh TDSP charges, monthly TDSP fees, monthly administrative fees from the provider, and various other utility fees and taxes. Becuase some of these costs vary with usage while others do not, the 'average rate' you see on your bill will ironically be higher when your usage is lower. That's because the fixed monthly fees are spread over a smaller number of kilowatt-hours (kWh).
ERCOT requires each provider to display the average rate at three different levels of monthly usage: 500 kWh, 1000 kWh, and 2000 kWh. Generally, the average rate will be highest at 500 kWh and lowest at 1000 or 2000 kWh. If the 500, 1000, and 2000 rates are all the same, then your average rate on your bill will not change much. If the rates vary much, then your average rate on your bill will shift up and down depending on how much electricity you use.
Compare Discount Power Rates to Electricity Companies With Similar Rates
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What People Are Asking About Rates for Discount Power
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What is the cheapest electricity plan that Discount Power has?
The cheapest Discount Power plan is Wise Buy 24 with a rate starting at 13.2¢ per kWh. Customers of Discount Power can expect their average bill to fall around $137 per month on this plan. This plan's early termination fee is $295. This is a 24 month plan.
More details on this plan can be found on the Wise Buy 24 plan page or by calling 844-865-2799.
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Where can I order Discount Power electricity?
You can find 1 plan starting at 12.7¢/kWh on our Discount Power plans and products page.
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What do customers think about Discount Power?
- The average customer review in Texas is 1.9. The average Discount Power customer review is 2.2 / 5 stars. For a different take you can go on over to our company ratings page for Discount Power
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Why is my electricity rate higher than when I signed up?
The rate you see when you sign up is the average rate at that exact amount of usage in one billing cycle.
Some companies try to game the system by applying bill credits between certain usage thresholds. It works great if you are within the margins, but as soon as you leave that band you no longer get that bill credit and your rate per kWh can double. The PUC only requires that companies disclose their average rates at 500, 1000, and 2000 kWhs. Companies can get around this by giving you a $50 bill credit if you use between 1000 and 2000 kWhs per billing cycle.
The only way to really know what you're getting into is to read your EFL. A 10¢ rate at all usage amounts may end up being cheaper than that 8¢ rate at 1,000 kWh!
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What are the cheapest natural gas plans that Discount Power has?
- This retailer does not offer any natural gas plans in your area at this time.
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Does Discount Power have no-deposit plans?
- Unfortunately, Discount Power does not offer any non-deposit plans at this time. Popular non-deposit plans from other
reps are:
- Ampra Green Choice from Ampra Energy starting at 18.7¢/kWh.
- Free Weekends from Hello Energy starting at 15.4¢/kWh.
- Hello Easy from Hello Energy starting at 18.9¢/kWh.
- Simple 6 from Payless Power starting at 15.3¢/kWh.
- Premier 12 from Payless Power starting at 15.2¢/kWh.
- Peso Power Up from Peso Power starting at 18.7¢/kWh.
Why Do Discount Power Rates Vary Across the State?
That's a great question - why is power typically cheaper in Dallas than it is in Houston? There are good reasons for those differences.
As electrical systems were built out in the early 20th century, different areas built a variety of generating plants, transmission lines, substations, and infrastructure. As a result, some areas of the state may have newer, more efficient plants, and others might have older, less efficient plants that cost more to operate for each unit of electricity they create. Then there are differences in the voltages and capacity of the transmission lines which cause more variation in the efficiency of the distribution system. Finally, different parts of Texas have different TDSPs (the companies responsible for maintaining electrical distribution infrastructure), which each have their own shareholders, costs, and management.
Ultimately, these regional rate variations are not the fault of Discount Power or any other Retail Electric Provider (REP) and they are certainly not due to anyone trying to cheat or gouge consumers. The decisions the generators and TDSPs have made over many years as the power grid was constructed have resulted in an environment where it might cost 1-3 cents less to create and transmit one kilowatt hour of electricity to a home compared to another region. It just depends on the costs that were incurred to create the infrastructure in that area, how densely populated the area is, along with the decisions that were made over decades about what kinds of power plants to build and where to put them.
© 2023 Texas Electricity Ratings — Rates as of
