Gexa Energy vs Discount Power
The Verdict
- Green energy matters and you want it from a real renewable generator
- You'd rather pay slightly more for Fortune 200 backing
- You're signing a 12+ month contract and want stability
- You like knowing NextEra isn't going anywhere
- You want the absolute cheapest rate in Texas
- You need prepaid to skip the deposit requirement
- You don't care who owns your electricity company
- Green energy isn't on your priority list
Category Breakdown
Discount Power runs 10-15% cheaper on basic plans
NextEra is worth $150B; Discount Power is independent
Gexa offers real renewable; Discount Power doesn't
Discount Power has prepaid; Gexa doesn't
Side-by-Side Comparison
| Feature | Gexa Energy | Discount Power |
|---|---|---|
| Parent Company | NextEra Energy | Independent |
| Typical Rates | Competitive | Budget |
| Prepaid Options | ||
| Green Energy |
Overview
Does it even matter?
Same wires. Same grid. Same electrons. You’ve already figured out that TXU and Reliant charge brand premiums. Smart. Now you’re deciding between two budget options with different backup plans.
Here’s what separates them: Discount Power often has the lowest rates in Texas. That’s the whole pitch. No marketing budget, no stadium sponsorships, just cheap electricity.
Gexa is owned by NextEra, a $150 billion Fortune 500 company—the largest renewable energy producer in America. They could charge TXU prices if they wanted. Instead, they compete on value while offering actual green energy options.
The real question: Is 10-15% savings worth giving up Fortune 500 stability and green energy? For many Texans, yes. Discount Power’s 18-year track record is fine. But if wholesale prices spike, Gexa has a $150 billion safety net.
The Stability Question
Gexa: NextEra Energy owns them. NextEra is worth $150 billion and generates more renewable power than any company on Earth. They’re not folding.
Discount Power: Independent company, no Fortune 500 parent. They’ve operated since 2006 without issues—but if wholesale prices spike or something goes wrong, there’s no giant corporation absorbing the hit.
Is this a real risk? Probably not for most people. But some Texans remember providers that disappeared during price spikes.
Key Differences
Green Energy: Gexa’s green plans come from a parent that actually generates renewable power. Discount Power doesn’t offer green options—if that matters to you, decision made.
Prepaid: Discount Power has prepaid for customers avoiding deposits. Gexa doesn’t.
Price: Discount Power typically runs 10-15% cheaper. At 1,000 kWh/month, that’s $15-25/month, or $180-300/year.
The Verdict
Discount Power wins if price is everything. Gexa wins if you want green energy or corporate backing.
Choose Discount Power if you want the lowest rate and don’t care about green energy or parent company size. The 18-year track record is fine.
Choose Gexa if you want renewable energy that means something, or if Fortune 200 backing helps you sleep at night.
The real question: Is $200/year savings worth giving up green energy and NextEra’s corporate stability? For many Texans, yes. For some, no.
Related Pages
Company Profiles
Best-For Categories
- Best Cheap Electricity — Discount Power ranked #2 for budget rates
- Best Green Energy Companies — Gexa featured for NextEra-backed renewables
- Best No-Deposit Options — Discount Power ranked #2 for low deposits
- Best for Apartments — Discount Power ranked #2 for 6-month contracts
- Best for Low Usage — Gexa ranked #1 for 500 kWh bill credits
- Best for High Usage — Gexa ranked #1 for 2,000+ kWh bill credits
Related Comparisons
Company Snapshots
Gexa Energy
- Parent Company
- NextEra Energy (NYSE: NEE)
- Years in Texas
- 22+
- Headquarters
- Houston, Texas
- Deposit Required
- conditional
Discount Power
- Parent Company
- US Retailers LLC
- Years in Texas
- 18+
- Headquarters
- Houston, Texas
- Deposit Required
- conditional
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Why This Page Exists
This page helps you decide between Gexa Energy and Discount Power based on who they are — not just today's prices. Prices change. Company quality doesn't.