There are four different Gexa Energy plans that each make sense for different home sizes.
Best Gexa Energy plan for a small home – Gexa Saver Deluxe 12
The Gexa Saver Deluxe 12 plan is the best deal for homes that use around 1000 kWh of electricity per month. The average electricity rate for this plan is 8.2¢ per kWh. This plan is cheapest at exactly the 1000 kWh level.
Note: All rates discussed in this review are current as of the time of writing. They apply to the Centerpoint delivery area which includes Houston and surrounding areas. Texas electricity rates change daily. To see today’s rates for Gexa and other electric companies near you enter your zip code above.
The Gexa Saver Deluxe 12 plan is a “bill credit” plan. Bill credit plans offer credits on your energy bill of various amounts depending on how much power you use. This allows electricity providers to target plans to specific sized customers. In the case of the Gexa Saver Deluxe 12 plan, there is a credit of $100 that applies once you surpass 1000 kWh of electricity for a billing cycle.
It is important to note that the credit disappears at the 2000 kWh level. This makes the plan the best Gexa plan for those who use slightly over 1000 kWh. But it isn’t ideal for larger homes. The plan comes with an energy charge of 13.17¢ per kWh plus a TDU Delivery Charge of 4.6397¢. Added together that comes to 17.8¢.
The $100 bill credit is what allows the average rate to drop to 8.2¢ at exactly 1000 kWh. As soon has your usage hits 2000 kWh the bill credit disappears causing your average rate to jump. That means this plan isn’t the best one Gexa offers for larger homes.
Best Gexa Energy Plan for larger homes – Gexa Superb Saver 12
The best Gexa plan for larger homes is a similar plan with different threshold levels for the bill credits. It is designed to benefit those who use more than 1500 kWh per billing cycle but less than 2500 kWh.
The Gexa Superb Saver 12 plan has the following structure. (Check our electricity rate listings for up to date pricing.)
$50 bill credit for usage levels between 1500 kWh and 1999 kWh
$100 bill credit for usage levels between 2000 kWh and 2500 kWh
No bill credit below 1500 kWh or above 2000 kWh
The energy charge is 9.05¢ (plus the standard TDU delivery charge of 4.6397¢)
There is a fixed monthly fee of $35 per month (plus the standard fixed TDU delivery charge of $4.39)
As you can see, this plan is more complicated than the first plan. There are a lot of components to the pricing but the end result is an average electricity rate of 10.7¢ at 2000 kWh. This makes the Gexa Superb Saver 12 the lowest rate Gexa plan for larger homes as long as they don’t use more than 2500 kWh.
Best Gexa Energy Plan for 3000 kWh and above – Gexa Energy Saver 36 with Free Emerson Sensi Touch smart thermostats
The Gexa Energy Saver 36 plan is an option for customers who live in larger homes who use a lot of electricity. Gexa doesn’t publish average electricity rates for 3000 kWh but a little math tells us that the this plan is Gexa’s best deal for people who use 3000 kWh and above.
This plan doesn’t come with any usage credits. This means there are no pricing cliffs or sudden price spikes depending on where your usage falls in a given month. The plan has the lowest energy charge of all the Gexa plans. Currently it is 8.86¢ per kWh (plus TDU charges). The result is a plan whose pricing remains consistent.
Customers who enroll in this 36 month plan receive up to 2 smart thermostats with installation included. This is a $550 value according to Gexa. Smart thermostats provide the added benefit of making your homes energy usage more efficient. This results in lower overall utility bills.
Best Gexa Energy Plan for an apartment – Gexa Saver Value 12
The Gexa Saver Value 12 plan is the ideal Gexa plan for people who live in apartments or people who use between 500 kWh and 1000 kWh. The energy charge is high compared to some of the other Gexa plans. But the bill credits are targeted to benefit those who use electricity. There is a $35 credit between 500-1000kWh and a $50 credit between 1000-1500 kWh.