About Pennywise Power Electricity Service

Frequently Asked Questions About Pennywise Power

Here we have some answers to frequently asked questions about Pennywise Power.

What if I'm interested in buying Pennywise Power's energy plans?

We currently do not offer any Pennywise Power plans at this time.

Other popular plans you can try instead are Payless Power's Premier 12 starting at 15.2¢/kWh or Payless Power's starting at 0¢/kWh just to name a few!

What companies are similar to Pennywise Power?

Some companies that are like Pennywise Power in price range and user ratings are Payless Power and Payless Power.

Here is an overview of these two:

Payless Power:

  • Average Plan Rate: 16.6¢/kWh
  • Plan Types: Pre-paid
  • Cheapest 12 Month Fixed: -
  • Cheapest 24 Month Fixed: -
  • Average User Rating: 3.7/5.0

Payless Power:

  • Average Plan Rate: 16.6¢/kWh
  • Plan Types: Pre-paid
  • Cheapest 12 Month Plan Fixed: -
  • Cheapest 24 Month Plan Fixed: -
  • Average User Rating: 0/5.0

Is Pennywise Power good?

Pennywise Power has a customer rating of 1.6/5.0 stars (this is out of 165 reviews). This score is calculated by averaging the total number of reviews in our website.

What are some good companies in my area?

In , Texas there is:
  1. 4Change Energy 4.1/5.0 with an avg. plan rate of 15.3¢/kWh.
  2. Energy Texas 3.9/5.0 with an avg. plan rate of 12.7¢/kWh.
  3. Chariot Energy 3.5/5.0 with an avg. plan rate of 16.2¢/kWh.
  4. Veteran Energy 3.5/5.0 with an avg. plan rate of 16¢/kWh.
  5. Champion Energy Services 3.5/5.0 with an avg. plan rate of 13.1¢/kWh.
  6. Constellation 3.1/5.0 with an avg. plan rate of 17.3¢/kWh.
  7. TriEagle Energy 2.2/5.0 with an avg. plan rate of 14.3¢/kWh.


What are some cheap electricity plans in my area?

The most affordable electricity plans in , Texas are:

  1. Frontier Saver Plus 24 for 24 months starting at 9.4¢/kWh.
  2. Frontier Saver Plus 12 for 12 months starting at 9.5¢/kWh.
  3. Come & Take It 12 for 12 months starting at 12.3¢/kWh.
  4. TrueClassic 24 for 24 months starting at 12.4¢/kWh.
  5. Bigger Than Texas 24 for 24 months starting at 12.4¢/kWh.

How much do electricity plans cost per month?

The monthly bill will vary by season (with the winter and summer seasons being the more expensive periods) and the size of your home. In 2022 in , Texas, the average electricity plan rate is 0¢/kWh. On average, that means

  • A small home will use around 500kWh of energy times 0¢/kWh totalling $0 per month.
  • An average-sized home will use around 1000kWh of power times 0¢/kWh totalling $0 per month.
  • A large home will use around 2000kWh of power times 0¢/kWh totalling $0 per month.

You can price electricity plans in your area here.

If You're Looking for Pennywise Power

Pennywise Power is not currently available on TexasElectricityRatings.com. If you are shopping for residentail electricity in Texas, these are our recommended plans. Alternatively you can browse all of our Texas electricity plans.

How do I get the Cheapest Pennywise Power Rate?

We've created a step by step guide to help you get the cheapest electricity rate. Plus we've built tools to help analyze your rate. Or you can use our Bill Calculator tool.

Pennywise Power doesn't sell electricity on TexasElectricityRatings.com, instead compare the cheapest electricty plans from the best electricity companies in Texas.

Pennywise Power Rates for Houston

Company & Plan Term Rate
4Change Energy - Maxx Saver Select 24 24 9.4¢
Gexa Energy - Gexa Eco Saver Plus 24 24 9.4¢
Frontier Utilities - Frontier Saver Plus 24 24 9.4¢
4Change Energy - Maxx Saver Select 12 12 9.5¢
Frontier Utilities - Frontier Saver Plus 12 12 9.5¢

Houston - Centerpoint Electricity prices as of 03-31-2023. Compare Houston Electricity Rates.

Pennywise Power Rates for Dallas

Company & Plan Term Rate
4Change Energy - Maxx Saver Select 24 24 8.9¢
Frontier Utilities - Frontier Saver Plus 24 24 8.9¢
Gexa Energy - Gexa Eco Saver Plus 24 24 8.9¢
4Change Energy - Maxx Saver Select 12 12 9.0¢
Frontier Utilities - Frontier Saver Plus 12 12 9.0¢

Dallas - Oncor Electricity prices as of 03-31-2023. Compare Dallas Electricity Rates.

Pennywise Power Rates for Abilene

Company & Plan Term Rate
4Change Energy - Maxx Saver Select 24 24 9.8¢
Frontier Utilities - Frontier Saver Plus 24 24 9.8¢
Gexa Energy - Gexa Eco Saver Plus 24 24 9.8¢
4Change Energy - Maxx Saver Select 12 12 9.9¢
Frontier Utilities - Frontier Saver Plus 12 12 9.9¢

Abilene - AEP North Electricity prices as of 03-31-2023. Compare Abilene Electricity Rates.

Pennywise Power Rates for Corpus Christi

Company & Plan Term Rate
4Change Energy - Maxx Saver Select 24 24 9.7¢
Gexa Energy - Gexa Eco Saver Plus 24 24 9.7¢
Frontier Utilities - Frontier Saver Plus 24 24 9.7¢
4Change Energy - Maxx Saver Select 12 12 9.8¢
Frontier Utilities - Frontier Saver Plus 12 12 9.8¢

Corpus Christi - AEP Central Electricity prices as of 03-31-2023. Compare Corpus Christi Electricity Rates.

News Articles About Pennywise Power

NRG Buying Discount Power, Power Express, & Volterra Energy

Posted on
 Volterra Energy Holdings customers need to read what they can expect from NRG's buyout before their contracts end!
Volterra Energy Holdings customers —read what to expect from NRG's buyout before your contracts end!
Now is a great time to shop for a new Texas electricity provider!

NRG Buys VEH Brands and Customers

NRG energy, the biggest electricity seller in Texas and parent company of Houston-based Reliant Energy, is reported to have agreed to purchase the customers and brand assets of the three retailers owned by Houston-based Volterra Energy Holdings LLC (VEH).

Will NRG's Deal Affect My Electricity?

According to EnergyChoiceMatters.Com, NRG will be acquiring Discount Power, Power Express, and Volterra for an undisclosed amount. Customers will come under NRG control in November 2018. Power Express customers began transitioning to Cirro Energy in August. Volterra customers will begin transitioning to join Cirro Energy in November. Discount Power customers will be transitioned to Pennywise Power, however, Pennywise Power will change its name to Discount Power in early 2019. NRG promises to honor all VEH contract pricing plans and that the change-over should be seamless for customers. Still, VEH customers using autopay to pay their monthly Texas electric bill will need to notify their banks and set up a new autopay once they receive a new account number from either Cirro or Pennywise/Discount Power. Customers with questions about their accounts should contact their VEH provider company to learn more:

Can I Switch From My Discount Power, Power Express, or Volterra Energy Contract?

YES!!!  Since NRG has announced that they are honoring the current contract plans, it's safe to say that you have the power to choose a new provider. The best course is to wait until your current contract is nearing its end. You will receive two reminders via mail about when your contract will end and what your options are. Use that information to allow you to switch to a low priced fixed-rate electricity plan without having to pay a cancellation fee.

How Big is This Deal for NRG?

NRG has not announced how many of VEH customers will be affected. This past August, VEH announced it served "close to 225,000 residential customer equivalents in the state of Texas." NRG's purchase of VEH's assets follows this past June strategic acquisition of XOOM Energy for $208 million. XOOM is an electricity and natural gas provider with over 300,000 customers, primarily on the U.S. east coast. Volterra was launched in Houston in late 2013 and started serving customers in March 2014. Volterra acquired Discount (Power) in March 2014. In 2017, VEH created Volterra Energy focused on contributing to one of its 10 partnered nonprofits for each new customer that signs up. This past August, Inc. Magazine’s annual 5000 lists named Discount Power Texas as the #1 fastest growing Texas-based retail energy provider. With VEH changing hands, it's a sure bet that not all of their customers will want to sign with another NRG provider. Electricity customers in Texas can always find the best plans that fit their family's needs by shopping at https://www.texaselectricityratings.com.    

Three Most Popular 12 Month Fixed Plans For Houston Electricity

Posted on
Find the plan with the cheapest fixed rate plan for your family.
Shop and compare the most popular Houston electricity plans.
See how they fit your needs with our plan comparision tools!

What are the most popular Houston electricity plans right now?

When it comes to power plans, knowing what is popular with other Houston electricity customers can help you narrow down the retail electricity providers and electricity plans you want to give serious consideration. Most Texas residential electricity customers use an average of about1,000 kWh of electricity each month. Using that figure as a comparison point, you can evaluate the most popular Houston electricity plans to see which might fit your needs.

Three Texas Power Plans, Different Price Points

Your first instinct is to think the most popular Houston power plans are the cheapest, but that isn’t the case. Yes, the Gexa True Saver Green 12 plan from Gexa Energy and the 12 Month Usage Bill Credit plan from Constellation plans are the cheapest. However, you can find less expensive plans like the also popular Wise Buy 12 from Pennywise Power. The Gexa True Saver Green 12 plan is the least expensive plan available at 1,000 kWh usage. The average price per kWh is a remarkably low 7.8 cents. However, the price is significantly higher when usuage is less than 500 kWh or above 1750 kWh. The reason is twofold. First, the energy charge is actually 13 cents per kWh. Second, a $100 bill credit kicks in when customers use 700 kWh or more in a billing cycle. For Houston electricity customers who use at least 700 kWh but just little more in a month, this is a great plan to consider. Coming in second place on price is the 12 Month Usage Bill Credit plan. Its 9.2 cents per kWh is significantly higher than the first plan but still lower than the rest of the competition. This plan has two bill credits for different usage levels. One kicks in at 1,000 kWh and another at 2,000 kWh. This makes it less than optimal for low usage customers but still a viable option for high usage Houstonians. The Wise Buy 12 plan offers 1,000 kWh users an average price of 10.5 cents. At this usage, the $9.95 monthly usage charge disappears. No matter the usage, the plan’s straightforward electricity pricing formula is one any customer can understand.

Power Your Houston Home

If none of these plans seem right for you, try Texas Electricity Rating’s Plan Picker 3000 tool. You tell it what is important to you in an electricity plan, and it returns a handful of plans suited to your preferences. Shop for Texas electricity to see how much you can save on powering your Houston home.

Zip Codes with the Cheapest Pennywise Power Rates in Texas