Gexa Energy's Usage Credit Electricity Plans
Gexa’s Best Bill Credit Plans
Gexa Energy offers multiple bill credit electricity plans so you can find one that fits your needs.
Gexa Simply Low 12 & 24
Available in 12- and 24-month contracts, this plan offers a Usage Credit of $100 for each billing cycle when your usage is above or equal to 1,000 kWh. The Gexa Simply Low plans are ideal for medium to large homes.
Gexa Basic Plus 12
With this 12-month plan, a Usage Credit of $50 will be included for each billing cycle when your usage is above or equal to 500 kWh. This plan is typically best for small to medium homes.
Gexa Premium Plus 12
With this 12-month plan, a Usage Credit of $125 will be included for each billing cycle when your usage is above or equal to 2,000 kWh. This usage credit plan works best for large homes.
Benefits of Usage Credit Electricity Plans
Thinking about a usage credit plan? Maintain consistent energy usage and unlock real savings.
1.
| Fixed monthly credits: Hit a usage threshold in a month (e.g., 1,000 kWh) and earn $50 or $100 credit applied to your bill. |
2.
| Competitive value compared to fixed-rate plans: At common usage levels like 1,000 or 2,000 kWh, these plans can offer some of the most attractive average prices. |
3.
| Helpful during summer spikes: Credits can reduce the impact of higher usage during hot Texas months, when air conditioning demand is often highest. |
Who Is a Usage Credit Plan Right For?
Best For
Great fit for larger homes: Households with medium-to-high, steady electricity use may benefit from usage credits that can help offset monthly costs.
Best for customers who know their usage: You know your electricity usage, and it meets the plan's usage threshold at least 4 months out of the year.
Strong fit for consistent usage: Steady medium-to-high monthly consumption can make it easier to earn credits and keep energy costs more predictable.
Not Ideal For
Less ideal for low-usage households: If your monthly electricity usage often falls below the plan’s usage threshold, you may not receive the bill credit and may not see the full value of the plan.
Not ideal if your usage changes significantly month to month: Customers with highly variable electricity usage may qualify for credits in some months but not others, which can make monthly costs less predictable.
Less ideal if you don’t know your electricity usage: Usage credit plans work best when you understand your typical monthly kWh usage and can choose a plan with a threshold that matches your household’s energy habits.
Reasons Why Gexa Energy Should Be Your Electricity Provider
Exceptional customer service
Flexible plans with competitive prices
No hidden fees
What Is Usage Credit Electricity?
With a usage credit electricity plan, you can receive credits on your energy bills if you meet certain electricity usage criteria. These plans have the ability to offer you real savings, but it’s important to understand their details so you can make the most out of the available options.
How Do Usage Credit Electricity Plans Work?
Usage credit electricity plans allow you to receive a direct dollar credit from your retail energy provider (REP) to your monthly bill. The REP will offer a pre-determined monthly credit based on the amount of electricity you use in a billing cycle. For example, if you use 1,000 kWh per month, the provider may apply a credit to your bill, such as $50 or $100.
In any given month, if you don’t meet the usage criteria, you will miss that credit and you will pay a higher amount for the electricity you used
Factors to Consider When Choosing a Bill Credit Electricity Plan
When determining whether a bill/usage credit electricity plan is right for you, consider the following factors:
Your Energy Consumption: Take a look at your typical energy consumption (at least the last 12 months) and whether it aligns well with a usage credit plan. This is the most important step.
Credit Amount: Consider the amount of credit the plan offers and how much electricity you need to use to qualify for it.
Contract Length: You’ll want to determine whether you can commit to the contract length in order to avoid any early termination fees that may apply if you decide to end the contract early.
FAQs About Usage Credit Electricity Plans
The energy usage criteria for Gexa’s usage credit plans varies by plan option. For instance, for the Gexa Simply Low and Gexa Energy Plans, you need to use 1,000 kWh or more. For the Gexa Basic Plus 12 plan, your usage must be above or equal to 500 kWh. For the Gexa Premium Plus 12 plan, your usage must be 2,000 kWh or above. It’s always good to refer to the EFL for the specific plan you’re considering.
The most important factor to consider before signing up for a usage credit plan is understanding your actual electricity usage. You can do that by looking at your past 12 bills. After that, look into the plan details. Find a usage credit plan that aligns more closely with your usage. We recommend that you meet the usage threshold at least 4 months out of the year in order to see the most benefits.
In addition to usage credit electricity plans, Gexa offers fixed-rate and variable-price energy plans. Gexa also offers special plans for those who own electric vehicles or solar panels. Get started today by browsing and shopping each of the plans available in your area.
If you don’t meet the usage threshold for a billing period, you usually won’t receive the bill credit for that month. Your bill is calculated using the plan’s regular charges, including energy charges, delivery charges, and any applicable fees. Because usage credit plans require that you meet a specific usage level, review your past electricity use before enrolling and choose a plan with a threshold you expect to meet consistently.
Bill credits can apply every month, but only when you meet the plan’s usage requirements for that billing period. For example, if a plan offers a credit when you use at least 1,000 kWh in a month, you would need to meet or exceed that usage level during the billing cycle to receive the credit. Credit amounts, thresholds, and eligibility rules vary by plan, so always review the Electricity Facts Label, or EFL, before enrolling.
No. Your usage credit amount depends on the specific plan you choose. For usage credit plans, the credit amount and usage requirement are typically outlined in the plan’s Electricity Facts Label and contract documents. Different Gexa Energy plans may offer different credit amounts, thresholds, or contract terms. Be sure to review the EFL for the plan available in your area so you understand exactly how the credit works before signing up.
Gexa Energy purchases renewable energy credits (RECs) from renewable generation resources throughout North America to match 100% of the energy sold under your electric plan. The RECs Gexa purchases represent the renewable attributes of power generated from a variety of renewable energy sources, including, but not limited to, the sun, wind, geothermal, hydroelectric, wave or tidal energy, and biomass or biomass-based waste products, including landfill gas.