Energy Texas vs Gexa Energy
Quick Verdict
Gexa Energy has 24 years in Texas. Energy Texas has 5. That's not nothing—Gexa Energy survived every grid crisis since 2002.
Experience matters for stability. Price matters for your wallet. Check both on ComparePower.
19-Year Experience Gap
Gexa Energy: 24 years in Texas. Energy Texas: 5 years. Companies don't survive 24 Texas summers by accident.
What Actually Differs
Energy Texas and Gexa Energy deliver the exact same electricity through the exact same wires. The electrons don't care whose logo is on your bill. What differs: the price, the service when something goes wrong, and the fine print in contracts.
Who's Behind These Companies
Energy Texas: Owned by Goldman Sachs (via Rhythm Energy). 5 years in Texas—they've survived enough grid crises to prove they won't fold mid-contract. Based in Houston, Texas.
Gexa Energy: Owned by NextEra Energy (NYSE: NEE). 24 years in Texas—that track record matters when you're signing a multi-year contract. Based in Houston, Texas.
What They Actually Sell
Energy Texas offers fixed-rate, green. They sell "green" plans (mostly accounting—same electrons, but they buy renewable credits).
Gexa Energy offers fixed-rate, variable-rate, green, solar-buyback. They sell "green" plans (mostly accounting—same electrons, but they buy renewable credits).
The Money Part
Energy Texas: Deposit depends on credit—expect $200-400 if your score is below 600.
Gexa Energy: Deposit depends on credit—expect $200-400 if your score is below 600.
The Honest Answer
Both are legitimate. Neither is a scam. The electricity is identical. What matters is: (1) who's cheaper for your actual usage, (2) whether you need to skip a credit check, and (3) if you care about green marketing. Scroll down to "The Verdict" for the quick answer. For actual rates, check ComparePower. Takes 2 minutes.
See how they compare on price
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Category Breakdown
24 years vs 5—19+ more grid crises survived
Both sell green plans—check who has actual renewable generation backing
Rates change constantly. Check ComparePower with your actual usage.
Side-by-Side Comparison
| Feature | Energy Texas | Gexa Energy |
|---|---|---|
| Parent Company | Goldman Sachs (via Rhythm Energy) | NextEra Energy (NYSE: NEE) |
| Years in Texas | 5+ | 24+ |
| Headquarters | Houston, Texas | Houston, Texas |
| Fixed-Rate Plans | ||
| Variable Plans | ||
| Prepaid Options | ||
| Green Energy | ||
| Free Nights/Weekends | ||
| Deposit Required | Conditional | Conditional |
| Credit Check |
Trust & Complaint Data ▼
Trust & Reputation
External ratings comparison
Trust Score is a weighted average: Google (40%), BBB (35%), Trustpilot (25%)
Complaint Comparison
PUCT Data • Jul-Dec 2025
Energy Texas
Gexa Energy
Gexa Energy has 3.3 fewer complaints per 10k customers
The Verdict
- You want 100% green energy with Texas-proud branding instead of Rhythm's tech-startup vibe
- The 30-day Giddy Up Guarantee lets you walk away penalty-free
- Soft credit checks that won't ding your score matter to you
- You want straightforward fixed rates backed by Goldman Sachs money
- You want a company that's survived 24 Texas summers (Energy Texas has 5)
- You want more green plan variety (check if they have actual renewable generation backing)
- You need month-to-month—Energy Texas locks you in for 12 months minimum
Done researching? See actual rates.
Energy Texas or Gexa Energy — find out which one is cheaper at your address.
Frequently Asked Questions
Q: When should I choose Energy Texas over Gexa Energy? ▼
You want 100% green energy with Texas-proud branding instead of Rhythm's tech-startup vibe. The 30-day Giddy Up Guarantee lets you walk away penalty-free. Soft credit checks that won't ding your score matter to you. You want straightforward fixed rates backed by Goldman Sachs money.
Q: When should I choose Gexa Energy over Energy Texas? ▼
You want a company that's survived 24 Texas summers (Energy Texas has 5). You want more green plan variety (check if they have actual renewable generation backing). You need month-to-month—Energy Texas locks you in for 12 months minimum.
Q: What is the main difference between Energy Texas and Gexa Energy? ▼
Gexa Energy leads in track record. Both companies deliver the same electricity through the same grid—the real differences are in pricing, service quality, and available plan types.
Q: Is Energy Texas or Gexa Energy cheaper? ▼
Anyone who answers this without knowing your zip code and usage is lying. The "advertised rate" is calculated at exactly 1,000 kWh—use 800 or 1,200 and the math changes completely. Both companies exploit this. Check ComparePower with your actual usage. Takes 2 minutes, and you'll see real numbers instead of marketing.
Q: Which company has been in Texas longer, Energy Texas or Gexa Energy? ▼
Gexa Energy: 24 years. Energy Texas: 5 years. That 19-year gap matters—Gexa Energy survived the 2011 freeze, the 2021 disaster, and every summer in between. Track records like that don't happen by accident.
Q: Which is better for green energy, Energy Texas or Gexa Energy? ▼
Both sell "green" plans. But "green" in Texas electricity means they buy renewable energy credits—it's accounting, not physics. Your electrons come from the same grid as everyone else. Want to know which has renewable generation backing versus just buying paper credits? Gexa has NextEra (the largest renewable generator in the US) behind them. Most others just buy credits. That's the difference.
Q: What types of plans do Energy Texas and Gexa Energy offer? ▼
Energy Texas: fixed-rate, green. Gexa Energy: fixed-rate, variable-rate, green, solar-buyback. Gexa Energy has more options (4 plan types vs 2). More options = more ways to optimize, but also more ways to pick wrong. If you just want simple fixed-rate power, ignore the complexity. If you have specific needs (EV charging at night, pool pump, work-from-home AC), the right specialty plan can save you $50/month.
Q: Which is better overall, Energy Texas or Gexa Energy? ▼
Same grid. Same wires. Same electrons. The electricity is literally identical—the only differences are price, service, and plan options. Energy Texas wins if you want 100% green energy with texas-proud branding instead of rhythm's tech-startup vibe. Gexa Energy wins if you want competitive rates without gimmicky plan structures. For everyone else? Whoever's cheaper for your usage right now. Check ComparePower—it takes 2 minutes.
More Head-to-Head Matchups
See who wins when Energy Texas and Gexa Energy face other competitors.
Featured In Best-Of Lists
See where Energy Texas and Gexa Energy are featured in our category guides.
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