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9/24/08
Gexa Energy Announces Payment Policies to Help Hurricane Victims |
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8/22/08
Gexa Energy Introduces Deferred Payment Program for Low-Income Residential Customers |
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5/30/08
Have You Been Sent to an Electricity "Provider of Last Resort?"
Current Retail Electric Providers Taking Steps to Help Customers Understand Options |
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5/20/08
Rising Electricity Costs Have You Concerned?
Understanding Options Critical As Summer Months Approach |
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5/19/08
Gexa Energy Names Allison Wall as Vice President, Residential Marketing
and Customer Care, Adds Victor Howard as Senior Director of Marketing |
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4/21/08
Gexa Energy Signs Agreement With SaveOnEnergy.com |
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3/5/08
Gexa Energy Names Bruce McCracken Manager, Market Development for Maine and Massachusetts |
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10/4/07
Faces in the Crowd / Local man, co-workers rally behind cancer fight / Jack Cruz will race across 2,000 miles in Mexico |
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10/1/07
Gexa Energy to Supply City of Dallas With Renewable, Wind-generated Power |
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9/24/07
Braeburn Valley Resident Wins Free Electricity For a Year From Gexa Energy |
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9/10/07
Gexa Energy Breaks Down Price Barrier For “Green” Power |
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8/13/07
Arlington Resident Wins Free Electricity For a Year From Gexa Energy |
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5/28/07
Supercuts Signs Electricity Purchase Agreement With Gexa Energy |
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4/27/07
Gexa Energy Lowers Rates For Month-To-Month And One-Year Electricity Service In Corpus Christi, Harlingen |
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4/27/07
Gexa Energy Lowers Rates For Month-To-Month And One-Year Electricity Service In Midland And Odessa |
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4/27/07
Gexa Energy Lowers Rates For Month-To-Month And One-Year Electricity Service In Houston And Dallas |
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4/13/07
Gexa Energy Signs Electricity Purchase Agreements With Tarantino Properties, Alliance Residential Management |
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3/20/07
Gexa Energy To Power Texas Parks & Wildlife’s First “All-Green” Facility In Northeast Houston |
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3/15/07
Mark Ianni Named President Of Gexa Energy |
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3/5/07
Bellaire Little League Introduces Fundraising Effort With Gexa Energy |
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2/13/07
In-House Energy Audit Can Help Businesses Manage Summer Electricity Costs |
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2/1/07
Gexa Energy, Sheltering Arms Senior Services, Announce Fund To Help Low-Income Seniors Pay Their Gexa Energy Electricity Bills |
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9/1/06
Expert Advises on Risks of "Timing" Wholesale Energy Markets |
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RISING ELECTRICITY COSTS HAVE YOU CONCERNED?
Understanding Options Critical As Summer Months Approach
HOUSTON, TX - May 20, 2008
Summer temperatures and the rising cost of fuel used to create power – namely oil and natural gas – have many consumers
wondering just how high their summer electricity bills might climb.
It’s a sobering thought that has many families thinking ahead and doing their homework to shop the market and identify
the retail electric provider, rate and terms that best suit their summer budget.
“An informed consumer is a good consumer for us,” says Victor Howard, Gexa Energy’s Senior Director, Marketing. “Evaluating
electricity products and terms does take time, but the benefit over the summer and beyond can be significant.”
Residential electricity products are typically categorized as fixed-rate or variable-rate products, based on how
often the price changes. Furthermore, residential electricity products may be sold as “month to month,” meaning the
consumer can change companies or plans at any time; or “contract,” meaning the consumer agrees to receive service
from the provider or plan for a certain period of time. Most fixed rate products require a contract.
Fixed-Rate Contract: With a fixed-rate contract, customers can lock into the same energy commodity rate during a
specified period. Products such as Gexa Energy’s Gexa Guaranteed 12-month, fixed-rate plan protects consumers from
rising electricity costs by securing the same energy commodity rate for a full year, regardless of changes in fuel
costs or how much energy one uses.
“Always check a provider’s Terms of Services and Electricity Facts Label to make sure its fixed rate is indeed a
fixed rate,” advises Howard. “Some providers may adjust their fixed rate according to seasonality.”
Variable Rate: Variable electricity rates can go up or down, depending on changes in the wholesale electricity market.
With variable rate plans, consumers will benefit when market prices fall, but they also will pay more if prices spike
due to natural disasters or sudden changes in the wholesale pricing of electricity. Most variable rate plans do not
require a contract.
Additionally, retail electricity providers may offer a balanced billing payment option that can help qualified consumers
manage their budget through the summer and all year long. Gexa Energy’s Budget Billing payment option allows customer
to pay the same amount each month. The monthly amount is based on the average of one’s electricity usage from the past
12 months.
“A fixed rate product such as Gexa Energy’s Gexa Guaranteed, combined with a balanced billing option, is a great choice
for consumers concerned about rising electricity prices and managing their monthly costs,” says Howard. “This combination
allows our customers to lock in their electricity commodity rate to avoid surprises due to spikes in the market price
of electricity, as well as averaging out seasonal bill increases due to higher electricity usage during the hot summer months.” |
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There are more ways to pay your bill than ever before - Pay by mail,
phone, online, cash or even automatically.
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If you ever have a question about your bill or your account,
please call and we’ll be glad to help.
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Gexa Energy gives you great rates, great service and more - for less.
Make the switch and start saving.
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