Gexa offered a plan advertised as “9.9¢/kWh” but buried in the EFL (Electricity Facts Label) was a $15–$20 monthly base charge plus a high delivery fee. For low-usage customers (e.g., 500 kWh/month), the effective rate was actually 14.5¢/kWh—much higher than competitors like TXU or Reliant.
Gexa Energy is a retail electricity provider (REP) in Texas, not a power generator. This means they do not own power plants, transmission lines, or wind farms. Instead, they buy wholesale electricity from the ERCOT grid and package it into retail plans (fixed-rate, variable-rate, free nights, etc.) for homes and businesses.
Safe for fixed-rate plans; dangerous for anything indexed or variable; avoid for solar unless you like chasing credits.
Gexa offered a plan advertised as “9.9¢/kWh” but buried in the EFL (Electricity Facts Label) was a $15–$20 monthly base charge plus a high delivery fee. For low-usage customers (e.g., 500 kWh/month), the effective rate was actually 14.5¢/kWh—much higher than competitors like TXU or Reliant.
Gexa Energy is a retail electricity provider (REP) in Texas, not a power generator. This means they do not own power plants, transmission lines, or wind farms. Instead, they buy wholesale electricity from the ERCOT grid and package it into retail plans (fixed-rate, variable-rate, free nights, etc.) for homes and businesses.
Safe for fixed-rate plans; dangerous for anything indexed or variable; avoid for solar unless you like chasing credits.
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