Discount Power

About Discount Power

Discount Power is a retail power marketer operating in 11 different states in the United States including Texas, Pennsylvania, Illinois, Ohio, and New Jersey. In addition, this coverage territory includes 6213 cities within these states. Electricity suppliers must regularly report their customer counts to government agencies. Recently the supplier listed a total of 402,757 customers receiving electricity from the company. Exactly 343,523 of these are residential properties and 59,234 are commercial properties. Discount Power's average residential electricity rate per kilowatt hour is 14.41 cents per kilowatt hour, which is, fortunately, 11.14% less than the average nationwide rate of 16.22 cents. There were a total of 8,738,034 megawatt hours sold to retail consumers in 2023 by the supplier. During the same timeframe, the supplier purchased 9,306,937 megawatt hours through wholesale channels. In 2023, the supplier made a total of $1,118,524,600 from business activities relating to the sale and transfer of electricity. All of which came from retail sales to end users.

The nationwide average monthly residential electric bill is $143.38, while the Discount Power average is 39.31% higher at $199.74 per month. Discount Power is the 2689th ranked company in the nation for average monthly bill amount. The provider is not associated with any electricity generation plants and all of the power that they sell to their customers must be purchased from other suppliers.