Pennywise Power Review
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Corporate Offices: 1201 Fannin Street, Houston, TX 77002
Pennywise Power is a retail electric provider serving residential and small commercial customers in Texas. NRG Retail owns Pennywise Elecitricty along with other well-known retail electric brands including Reliant, Green Mountain Energy, and Cirro Energy. NRG Retail operates Pennywise as its value brand. As part of the NRG Energy family of companies, Pennywise combines no-frills low rates with the strength of a Fortune 500 parent company.
Pennywise Power provides Texas consumers with essential electricity service. Residential customers seeking price stability can select fixed price electric plans for one or two-year terms. Pennywise may also offer fixed price plans for special term lengths that take advantage of seasonal pricing opportunities. For customers desiring flexibility, Pennywise offers variable rate plans. Variable rate plans allow customers to convert to a fixed price plan or discontinue service without paying an early termination penalty.
Pennywise Power also offers small commercial customers the opportunity to sign up for their no-frills discount electric service. Small businesses can enroll in a 12-month fixed price rate plan. Fixed rate commercial plans make it easier for business owners to budget for their electricity costs.
Customers are encouraged to manage their accounts using the online account portal. For matters not addressable via the account portal, Pennywise maintains a customer care call center available Monday thru Friday from 8 am to 5 pm.
Pennywise Power offers everything Texas electricity customers need without adding on non-essentials. If you are looking for customer reward programs, airline miles, or free thermostats, Pennywise may not be the best choice. However, if you want a great electricity rate without sacrificing quality of service, Pennywise is a provider worth considering.
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