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TXU Energy vs Pennywise Power: Why Pennywise Is Gone

Reviewed by Enri Zhulati ·

Pennywise Power No Longer Exists

Pennywise Power was absorbed by NRG Energy into Discount Power. The brand no longer exists and is not accepting new customers. If you were a Pennywise customer, your account was migrated to Discount Power.

If you landed here comparing options, TXU Energy is still actively enrolling customers.


At a Glance

FactorTXU EnergyPennywise Power
StatusActiveAbsorbed into Discount Power
Parent CompanyVistra CorpWas NRG Energy
Years in Texas24Was 18 before absorption
Green PlansYes (+ solar buyback)Never offered
On ComparePowerYesNo

Bottom Line: This is no longer a real comparison. Pennywise was retired by NRG. TXU Energy (Vistra Corp) remains the most recognized electricity brand in Texas — completely independent from NRG’s brand consolidation.


What Happened to Pennywise Power?

Pennywise Power was NRG’s budget brand. Basic fixed-rate plans, low prices, no frills. NRG decided to streamline and merged Pennywise into Discount Power. Pennywise customers were migrated to Discount Power accounts.

TXU Energy is unaffected. TXU is owned by Vistra Corp — a completely separate Fortune 500 company from NRG. NRG’s brand decisions have zero impact on TXU.

Why TXU Energy Is Still Here

TXU Energy is the most established residential electricity brand in Texas, backed by Vistra Corp. They have operated for 24 years through every market disruption Texas has seen.

What TXU Energy offers:

  • Every plan type: fixed, variable, time-of-use, free nights, free weekends, green, solar buyback
  • 24/7 customer support — one of the few providers that offers round-the-clock service
  • 24 years of continuous Texas operations
  • Vistra Corp backing — Fortune 500, independent from NRG
  • Strong mobile app and online account management
  • Service across all major Texas TDU areas

TXU charges premium rates. If you chose Pennywise for budget pricing, TXU is a different product entirely — premium service at premium prices.

If You Were a Pennywise Customer

Your account was migrated to Discount Power — still NRG, still budget pricing. Check your current rate.

TXU is a significant upgrade in service quality and plan options but costs meaningfully more. For Vistra-backed budget rates, check 4Change Energy — Vistra’s budget brand comparable to what Pennywise was under NRG.

The Verdict

Choose TXU Energy if you want the most established brand in Texas electricity with 24/7 support, every plan type, and Vistra Corp’s Fortune 500 stability — independent from NRG.

Looking for Pennywise’s successor? Discount Power is the NRG budget brand that replaced it, or compare current rates on ComparePower.

Company Profiles

See how they compare on price

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Category Breakdown

Availability
TXU Energy

TXU is actively enrolling; Pennywise was absorbed by NRG into Discount Power

Customer Service
TXU Energy

TXU offers 24/7 support; Pennywise had bare-bones service before absorption

Plan Variety
TXU Energy

TXU offers every plan type; Pennywise had basic fixed-rate only

Corporate Stability
TXU Energy

Vistra Corp (Fortune 500) -- independent from NRG's brand consolidation

Trust & Complaint Data

Trust & Reputation

External ratings comparison

Source
TXU Energy
Pennywise Power
BBB Rating
A+
BBB Accredited
View Profile
Winner
Not Rated
Not Accredited
View Profile
Google Reviews
4.7
9K+ reviews
Winner
4.0
800+ reviews
Trustpilot
4.8
Excellent
2658 reviews
View Profile
Winner
No data
Trust Score(weighted)
4.8
out of 5.0
Winner
4.0
out of 5.0

Trust Score is a weighted average: Google (40%), BBB (35%), Trustpilot (25%)

Complaint Comparison

PUCT Data • Jul-Dec 2025

TXU Energy

2.9per 10k
Below avg
Top: Billing

Pennywise Power

7.1per 10k
Above avg
Top: Billing

TXU Energy has 4.2 fewer complaints per 10k customers

The Verdict

Choose TXU Energy if...
  • You want 24/7 customer support from a provider with 24 years of Texas operations
  • Vistra Corp (Fortune 500) backing gives you unquestionable financial stability
  • You need free nights, time-of-use, green, or solar buyback plan options
  • Brand recognition and the most established Texas electricity name matter to you
Choose Pennywise Power if...
  • This comparison is historical only -- Pennywise Power was absorbed into Discount Power by NRG
  • Pennywise Power no longer exists as a separate brand
  • You cannot sign up for Pennywise Power -- they are no longer enrolling
  • If you were a Pennywise customer, you were moved to Discount Power

Done researching? See actual rates.

TXU Energy or Pennywise Power — find out which one is cheaper at your address.

Or call (877) 418-2140

Frequently Asked Questions

Q: When should I choose TXU Energy over Pennywise Power?
A:

You want 24/7 customer support from a provider with 24 years of Texas operations. Vistra Corp (Fortune 500) backing gives you unquestionable financial stability. You need free nights, time-of-use, green, or solar buyback plan options. Brand recognition and the most established Texas electricity name matter to you.

Q: When should I choose Pennywise Power over TXU Energy?
A:

This comparison is historical only -- Pennywise Power was absorbed into Discount Power by NRG. Pennywise Power no longer exists as a separate brand. You cannot sign up for Pennywise Power -- they are no longer enrolling. If you were a Pennywise customer, you were moved to Discount Power.

Q: What is the main difference between TXU Energy and Pennywise Power?
A:

TXU Energy leads in availability, customer service, plan variety, corporate stability. Both companies deliver the same electricity through the same grid—the real differences are in pricing, service quality, and available plan types.