Gexa provides niche options like the SavEV plan for free nighttime electric vehicle charging and Solar Buyback plans for homes with solar panels. Explore Our Texas Energy Plans | Residential
Upon contract end, Gexa may shift customers to month-to-month variable rates , which can be substantially higher than fixed-term offers (e.g., jumping from 12¢ to 21¢ per kWh). gexa energy texas
Gexa is a wholly-owned subsidiary of NRG Energy , one of the largest power generators in the US (owner of plants like WA Parish and Limestone). NRG acquired Gexa in 2011 from its previous owner, the Spanish renewable giant Acciona . Gexa provides niche options like the SavEV plan
The Texas legislature passed Senate Bill 3 (2021), which effectively banned REPs from offering plans that expose residential customers to unlimited wholesale prices. Gexa quietly exited the indexed plan business. NRG acquired Gexa in 2011 from its previous
Many Gexa plans are marketed as 100% green, sourcing power from wind and solar to appeal to environmentally conscious consumers.