4.3 / 5 Featured

Gexa Energy

Gexa skips the TV ads and rewards gimmicks. Same grid, same electricity as Reliant—typically 10-20% cheaper. Here's the truth.

Company Overview

Here’s the truth about Gexa Energy: They’re the smarter play most Texans don’t know about.

While Reliant and TXU spend millions on Texans sponsorships and TV commercials, Gexa skips the marketing circus. Same grid. Same electricity. Same wires to your house. Typically 10-20% cheaper because you’re not funding a billboard on I-45.

Gexa has been in Texas since 2002. They were independent until NextEra Energy (NYSE: NEE) bought them in 2005. Here’s why that matters: NextEra is worth over $150 billion. They’re the world’s largest producer of wind and solar energy. Gexa isn’t some fly-by-night operation—they’ve got deeper pockets than the “big names” you see advertised.

Gexa’s pitch is simple: competitive rates, no gimmicks. No rewards programs with points you’ll forget to redeem. No free nights promos with daytime rates that eat your savings. No fancy app. Just electricity at a price that doesn’t subsidize someone else’s advertising budget.

Where Gexa Operates

Gexa serves deregulated areas of Texas including Houston, Dallas–Fort Worth, Arlington, Corpus Christi, and other areas covered by Oncor, CenterPoint, AEP Texas, and TNMP.

They don’t serve municipal utility areas like Austin or San Antonio.

Plan Types Offered

Gexa keeps things simple compared to larger competitors:

Fixed-Rate Plans Their bread and butter. Lock in a rate for 6-36 months with predictable billing.

Variable-Rate Plans Month-to-month flexibility with rates that change based on market conditions.

Green Energy Plans 100% renewable energy options for environmentally-conscious customers.

What Gexa Doesn’t Offer:

  • Prepaid/pay-as-you-go plans
  • Free nights or free weekends plans
  • Time-of-use pricing
  • Rewards programs

This isn’t a weakness for everyone—it’s a deliberate focus on core value.

Deposit Requirements

Gexa runs credit checks for enrollment. If your credit meets their threshold, no deposit is required. If not, you may need to pay a deposit or provide documentation from a previous electricity provider showing good payment history.

Unlike some competitors, Gexa doesn’t offer a prepaid alternative for customers who want to avoid deposits.

Pricing: The No-BS Approach

Gexa doesn’t spend money on Texans sponsorships or rewards programs. That money goes into keeping rates competitive instead.

What they don’t tell you: They’re not always the absolute cheapest. But they’re consistently in the top tier for value, and you’re not playing games to get there.

Customer Service: The Real Story

Gexa runs lean. That keeps prices down but means less customer service infrastructure.

Worth knowing:

  • Phone support exists but expect longer waits than TXU or Reliant
  • Their website does the basics—bill pay, usage history, that’s about it
  • No live chat. No fancy app. Just functional.

The catch:

  • If you have a complex billing issue, be patient
  • No prepaid escape hatch if you can’t pass the credit check
  • Minimum 6-month contracts—no month-to-month

Gexa works best for people who set up autopay and forget about their electricity company for a year. If you need hand-holding, look at the bigger names.

Checking availability...

Good For

  • You want a solid rate without spending hours comparing gimmicks
  • You don't need prepaid—your credit is fine
  • You'd rather have a lower rate than rewards points you'll never use
  • Corporate stability matters (NextEra isn't going bankrupt)

Avoid If

  • Your credit is rough and you need prepaid—Gexa doesn't have it
  • You want free nights or weekends—not offered
  • You need a month-to-month option with no commitment (6 months minimum)
  • You actually use apps and online tools—theirs are basic

Company Snapshot

Years in Texas
22+
Headquarters
Houston, Texas
Parent Company
NextEra Energy (NYSE: NEE)
Phone
1-866-961-9399
Credit Check
Required
Deposit
conditional

Plan Types

Fixed Rate Variable Rate Green Energy

Service Areas

Houston Dallas Fort Worth Arlington Corpus Christi

Green Energy Options

100% renewable Wind energy

Ways to Avoid Deposit

  • Good credit score
  • Letter of credit from previous provider

Gexa Energy Rankings

See how Gexa Energy stacks up in our category rankings.

Best Electricity Companies for Apartments in Texas #2

12-month plans with $4.95 base charge (not $9.95 like TXU)

Best Electricity Companies in Texas #3

NextEra subsidiary - often 10-15% cheaper than TXU/Reliant on fixed rates

Best Electricity Companies for Apartments in Texas #4

12-month rates that stay competitive even at 500 kWh usage

Best Green Energy Electricity Companies in Texas #4

Parent company NextEra owns 30 GW of actual wind and solar capacity

Best Green Energy Electricity Companies in Texas #3

Parent NextEra operates 30+ GW of wind/solar - real infrastructure, not just RECs

Best Electricity Companies for High Usage in Texas #1

Up to $150 monthly bill credit at 2,000+ kWh usage with 100% renewable energy

Best Electricity Companies for Large Homes in Texas #1

Up to $150 monthly bill credit at 2,000+ kWh keeps effective rates low for 3,000+ sq ft homes

Best Electricity Companies for Low Usage in Texas #1

Eco Saver plans with 500 kWh bill credits — rare low threshold

Best Month-to-Month Electricity in Texas #3

100% green energy with competitive no-contract rates and 60-day satisfaction guarantee

Best Electricity Companies for Renters in Texas #5

Short-term fixed-rate plans (6 months) that align with typical lease lengths, plus straightforward move-out procedures.

Best Electricity Companies for Seniors in Texas #1

55+ plan with 24-month price protection and automatic deposit waiver for 65+

Best Electricity Companies for Small Homes in Texas #4

No-gimmicks fixed rates with consistent pricing across usage levels

Best Electricity Companies for Weekend Warriors in Texas #4

Renewable energy option with weekend-focused time-of-use pricing

Ready to See Gexa Energy's Plans?

Compare plans with live pricing.

See Gexa Energy Plans