Gexa Energy vs Stream Energy
Quick Verdict
Same wires. Same grid. Same electrons flowing to your house. The only real difference? Who sends you the bill and what they charge.
Since there's no major differentiator, this comes down to price. Check ComparePower for current rates.
Complaint Comparison
PUCT Data • Jul-Dec 2025
Gexa Energy
Stream Energy
Gexa Energy has 6.1 fewer complaints per 10k customers
Trust & Reputation
External ratings comparison
Trust Score is a weighted average: Google (40%), BBB (35%), Trustpilot (25%)
The Verdict
- You want more green plan variety (check if they have actual renewable generation backing)
- 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
- You already have a Stream associate you trust
- You want to earn money referring friends (the MLM model)
- You prefer a Dallas-based company
Category Breakdown
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 | Gexa Energy | Stream Energy |
|---|---|---|
| Parent Company | NextEra Energy (NYSE: NEE) | Stream Energy (MLM) |
| Years in Texas | 22+ | 20+ |
| Headquarters | Houston, Texas | Dallas, Texas |
| Fixed-Rate Plans | ||
| Variable Plans | ||
| Prepaid Options | ||
| Green Energy | ||
| Free Nights/Weekends | ||
| Deposit Required | Conditional | Conditional |
| Credit Check |
What Actually Differs
Gexa Energy and Stream 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
Gexa Energy: Owned by NextEra Energy (NYSE: NEE). 22 years in Texas—they've survived enough grid crises to prove they won't fold mid-contract. Based in Houston, Texas.
Stream Energy: Owned by Stream Energy (MLM). 20 years in Texas—that track record matters when you're signing a multi-year contract. Based in Dallas, Texas.
What They Actually Sell
Gexa Energy offers fixed-rate, variable-rate, green. They sell "green" plans (mostly accounting—same electrons, but they buy renewable credits).
Stream Energy offers fixed-rate, variable-rate, green. They sell "green" plans (mostly accounting—same electrons, but they buy renewable credits).
The Money Part
Gexa Energy: Deposit depends on credit—expect $200-400 if your score is below 600.
Stream 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 up to the "Choose if..." sections—they'll tell you which one fits your situation. For actual rates, check ComparePower. Takes 2 minutes.
Company Snapshots
Gexa Energy
- Parent Company
- NextEra Energy (NYSE: NEE)
- Years in Texas
- 22+
- Headquarters
- Houston, Texas
- Deposit Required
- conditional
Stream Energy
- Parent Company
- Stream Energy (MLM)
- Years in Texas
- 20+
- Headquarters
- Dallas, Texas
- Deposit Required
- conditional
More Head-to-Head Matchups
See who wins when Gexa Energy and Stream Energy face other competitors.
Featured In Best-Of Lists
See where Gexa Energy and Stream Energy are featured in our category guides.
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"I like that it searched multiple companies for me. So I don't have to search one by one. Saves time."
— Lacy L., Texas
See Current Rates
Compare current plans from both companies.
Frequently Asked Questions
Q: When should I choose Gexa Energy over Stream Energy? ▼
You want more green plan variety (check if they have actual renewable generation backing). 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.
Q: When should I choose Stream Energy over Gexa Energy? ▼
You already have a Stream associate you trust. You want to earn money referring friends (the MLM model). You prefer a Dallas-based company.
Q: What is the main difference between Gexa Energy and Stream Energy? ▼
Both Gexa Energy and Stream Energy deliver identical electricity through the same Texas grid. The real differences are pricing structure, customer service reputation, and available plan options. Check your actual rates at ComparePower.
Q: Is Gexa Energy or Stream 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, Gexa Energy or Stream Energy? ▼
Gexa Energy: 22 years. Stream Energy: 20 years. Similar track records. Both have survived enough Texas summers to prove they won't fold mid-contract.
Q: Which is better for green energy, Gexa Energy or Stream 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 Gexa Energy and Stream Energy offer? ▼
Gexa Energy: fixed-rate, variable-rate, green. Stream Energy: fixed-rate, variable-rate, green. Similar variety. Both have enough options for most situations.
Q: Which is better overall, Gexa Energy or Stream Energy? ▼
Same grid. Same wires. Same electrons. The electricity is literally identical—the only differences are price, service, and plan options. Gexa Energy wins if you want a solid rate without spending hours comparing gimmicks. Stream Energy wins if you already have a stream associate you trust. For everyone else? Whoever's cheaper for your usage right now. Check ComparePower—it takes 2 minutes.