Texas Retail Provider Surpasses 100,000 RCEs, $50 Million in Revenues; Sets Growth Plans

Houston, Texas-based Discount Power announced that it crossed the 50,000 customer threshold earlier this month and that its Residential Customer Equivalent count crossed the 100,000 mark.

Furthermore, the company announced that its revenues for 2015 were greater than $50 million and projects these to double in 2016.

Volterra Energy LLC acquired Discount Power in March 2014. The company has reached 50,000 customers and 100,000 RCEs, growing from 800 customers and 2,250 RCEs at the time of the acquisition.

A second brand, Power Express, was launched in early 2015 and a third brand, Volterra Energy, is slated to be launched in March of this year.

In 2016, Discount Power will be launching in new market segments in Texas, in addition to introducing new products and initiatives in current segments. Discount Power additionally plans to expand into new retail energy markets in the near future.

Discount Power said that it has, "taken on a no-nonsense, customer service-oriented approach that focuses on consumer wants and needs, which includes providing low rates without hidden and deceptive language and top-notch customer relations," citing its plans with no minimum usage fee