Aspects of a method and system for reducing transceiver power via a variable number of channels are provided. In this regard, utilization and/or availability of network and/or device resources may be determined and a configuration of channels utilized for transmitting data may be determined based on the determined utilization and/or availability of resources. Accordingly, the number of channels over which data is communicated may be altered based on determined thresholds for the utilization and/or availability of resources. Moreover, the configuration of channels utilized for communicating data may be dynamically altered by monitoring changes to the utilization and/or availability of resources. For example, the number of channels may be altered based on available bandwidth on one or more channels, based on capacity and/or available space of one or more buffers, and/or based on available power or desired power consumption of a transmitter.