Gexa Energy LP
Gexa Energy LP is a Texas retail electricity provider (REP) founded in 2001 in Houston, serving residential, small business, and commercial customers in the ERCOT market under NextEra Energy Services, offering fixed, variable, EV, and solar buyback plans plus home energy solutions.
- Company typePrivate
- Founded2001
- HeadquartersHouston, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What Gexa Energy LP does
Gexa Energy LP is a Texas retail electricity provider (REP) headquartered in Houston, founded in 2001 as one of the original Texas REPs following the state's electricity market deregulation. The company operates under PUCT Certificate #10027 and functions as a wholly-owned subsidiary of NextEra Energy Services, LLC, alongside sibling brands Frontier Utilities and Vanguard Energy Services. Gexa serves residential, small business, commercial, industrial, and multi-family housing customers exclusively within the Texas ERCOT market, transmitting electricity via the regulated TDU infrastructure of CenterPoint Energy, Oncor, AEP Texas (North and Central), TNMP, and Lubbock Power & Light.
The core product is electricity supply organized into a portfolio of plan types — fixed-rate (Gexa 12 & 24, Gexa 55+), variable month-to-month (Gexa Flex), time-of-use (Free 3 Day Weekends 12), EV-specific (Gexa SavEV 24 with free 11PM-5AM charging), and solar buyback (Gexa Solar Export 12). Underlying distribution and customer management is delivered through a self-serve web enrollment platform (newenroll.gexaenergy.com), an iOS/Android mobile app for usage tracking and bill payment, and phone-based inside sales and support. Gexa has expanded adjacent offerings to include rooftop solar (facilitated through third-party licensed installers), battery storage, smart thermostats, EV charging plans, home protection, and demand response programs, while commercial customers are served through dedicated small business, multi-family, and C&I sales channels including electric supply, natural gas supply, energy engineering, load management, and energy brokerage.
Gexa's revenue model is primarily recurring usage-based: per-kWh energy charges plus a fixed monthly base charge, with TDU delivery fees passed through to the customer. The company matches 100% of supplied energy with renewable energy certificates (RECs) sourced from North American renewable generation. To date, Gexa reports serving 1.8 million cumulative unique Texas households since 2001, holds a 4.7/5 Google rating across 28K+ reviews, and operates with 101-250 employees. Engineering solutions and ESCO projects in Texas are conducted through the affiliated entity Gexa Energy Solutions, LLC.
Gexa Energy LP firmographics
Firmographics- Name
- Gexa Energy LP
- Legal name
- Gexa Energy, LP
- Website
- https://gexaenergy.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Gexa Energy LP is a Texas retail electricity provider (REP) founded in 2001 in Houston, serving residential, small business, and commercial customers in the ERCOT market under NextEra Energy Services, offering fixed, variable, EV, and solar buyback plans plus home energy solutions.
- Ownership category
- akta.pro rank
Gexa Energy LP industry classification
Industry- Product category
- Retail Electricity Supply
- NAICS
- Electric Power Transmission, Control, and Distribution (22112)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Retail Supply + DER/Virtual Power Plant Bundles (Solar, Storage, DR) (EUAGABAI)
- akta.pro secondary industry
- Retail Billing, Customer Care & CIS/BSS Operations (for Residential/SMB) (EUAGABAK)
Keywords
Where Gexa Energy LP is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Gexa Energy LP business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Supply Chain, Infrastructure, Operations, Marketing or Sales, Technology or R&D, Personnel
Revenue model
- Retail Electricity Supply: Recurring revenue from electricity supply to residential, small business, and commercial/industrial customers across Texas. Customers select from fixed-rate, variable-rate, time-of-use, and specialized plans. Revenue based on kWh consumption with energy charges, base charges, and pass-through TDU delivery fees.
- Home Solutions: Revenue from rooftop solar referrals (installation by third parties), battery storage, EV charging plans, smart thermostat programs, and home protection services. Solar buyback plans allow customers with solar panels to earn bill credits for excess energy exported to the grid.
- Demand Response and Energy Optimization: Programs that automatically optimize customer energy usage, particularly valuable during peak demand periods. May include incentives for reducing consumption during high-demand events.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Monthly | Default Variable Product for small commercial customers |
| Usage-based | Monthly | Multi-Family Housing Common Areas Variable Product |
| Subscription | Multi-year contract | Fixed Rate Plans (Gexa 12 & 24) |
| Subscription | Multi-year contract | Time-of-Use Plans (Free 3 Day Weekends 12) |
| Usage-based | Monthly | Variable Plans (Gexa Flex Plan) |
| Subscription | Multi-year contract | EV Plans (Gexa SavEV 24) |
| Subscription | Multi-year contract | Solar Buyback Plan (Gexa Solar Export 12) |
| Subscription | Multi-year contract | 55+ Plan |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels7 records
Gexa Energy LP product offering
Product offeringCore offering
Gexa Energy, LP is a Texas Retail Electricity Provider (REP) that sells electricity supply to residential, small business, and commercial/industrial customers across the ERCOT market under PUCT Certificate #10027. Customers choose from fixed-rate, variable-rate, time-of-use, EV, solar buyback, and budget-protection plans, with delivery handled by partner TDUs and consumption billed in kWh plus monthly base and pass-through TDU charges. The company also offers integrated home solutions (rooftop solar referrals, battery storage, smart thermostats, home protection, EV charging plans) and commercial services (electric supply, natural gas supply, energy engineering, load management, energy brokerage).
Product overview
Gexa Energy LP is a Texas retail electricity provider offering a portfolio of residential and commercial energy products and services. The core offering consists of electricity supply plans across multiple contract types: fixed-rate plans (Gexa 12 & 24, Gexa 55+), variable plans (Gexa Flex Plan), time-of-use plans (Free 3 Day Weekends 12), EV-specific plans (Gexa SavEV 24), and solar buyback plans (Gexa Solar Export 12). The company also provides home energy solutions including rooftop solar (through third-party installers), battery storage, smart thermostats, and EV charging infrastructure. For business customers, Gexa offers small business electricity, commercial and industrial electric and natural gas supply, energy engineering, load management, and energy brokerage services. All customers can access the Gexa Energy Mobile App for account management, usage tracking, and bill payment. The company operates under NextEra Energy's umbrella and holds PUCT Certificate #10027, serving Texas since 2001.
Differentiator
Problem solved
Functional benefit
Brands
- Texans Serving Texans: Company tagline emphasizing local Texas roots and commitment to Texas customers
Quantifiable outcome
- 1.8M homes served since 2001
- +3 more outcomes
Companies that use Gexa Energy LP
Customer profileNamed customers3 records
Segments7 records
Ideal customer profiles3 records
Gexa Energy LP technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Gexa Energy LP partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and supporting.
- CenterPoint EnergycoreTransmission and Distribution Utility (TDU) partner that transmits and delivers electricity to Gexa customers' homes and businesses along poles and wires. CenterPoint Energy outage number: (800) 332-7143. Current variable price for multi-family common areas: $0.239/kWh effective 12-08-24.
- Oncor ElectriccoreTDU partner for electricity transmission and distribution. Oncor outage number: (888) 313-4747. Current variable price for multi-family common areas: $0.2526/kWh effective 12-08-24.
- AEP Texas (North & Central)coreTDU partner for AEP North and Central Texas regions. AEP North & Central outage number: (866) 223-8508. Multi-family common area prices: AEP Central $0.2574/kWh, AEP North $0.2533/kWh effective 12-08-24.
- Texas-New Mexico Power (TNMP)coreTDU partner for electricity transmission and distribution. TNMP outage number: (888) 866-7456. Multi-family common area price: $0.2612/kWh effective 12-08-24.
- Lubbock Power & LightcoreTDU partner for Lubbock, Texas service area. Lubbock Power & Light outage number: (806) 775-2509. Multi-family common area price: $0.2571/kWh effective 12-08-24.
- NextEra Energy ServicescoreAffiliate brand for commodity services in Northeast, Texas, Florida, and Illinois markets. Gexa Energy is part of the NextEra Energy family of companies. NextEra Energy Resources is cited as a major energy company with solar, wind, and battery storage projects.
- Third-Party Solar InstallerssupportingLicensed third-party solar installers provide rooftop solar installation services. Gexa facilitates solar consultations and coordinates installation but does not directly perform solar installation. Gexa Energy makes no warranties regarding system installation or performance.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
Gexa Energy LP competitors and assessment
Company assessmentDirect peers
- Reliant Energy: One of the largest retail electricity providers in Texas serving residential and commercial customers with a similar product mix of fixed, variable, and time-of-use plans; directly comparable given the same ERCOT market and overlapping target customer segments.
- TXU Energy: Largest retail electricity provider in Texas, owned by Vistra; offers residential and commercial plans across ERCOT with comparable plan structures and a similar focus on bundled energy solutions and customer service.
- Direct Energy: Multi-state retail electricity provider and natural gas supplier serving residential, small business, and commercial customers with similar plan types and large-scale digital enrollment; comparable on customer base, product structure, and cross-sell into home solutions.
- Green Mountain Energy: Shell-subsidiary Texas retail electricity provider with a renewable energy focus and 100% renewable matching, serving residential and small business customers in ERCOT; directly comparable to Gexa's renewable positioning and product portfolio.
- Frontier Utilities: Sister NextEra company operating as a Texas retail electricity provider; shares parent company with Gexa, operates in the same ERCOT market, and serves residential and small commercial customers with similar plan structures.
- Ambit Energy: Texas-focused retail electricity provider now operating under Vistra; serves residential and small business customers with comparable fixed and variable rate plans and direct-to-consumer sales model in ERCOT.
- ENGIE Resources: Multi-state competitive electricity and natural gas supplier serving commercial and industrial customers with similar energy procurement, engineering, and load management service offerings to Gexa's C&I segment.
Broad incumbents
- Constellation Energy: Largest U.S. competitive electricity supplier with broad portfolio across generation, retail electricity, and C&I energy services; comparable on commercial supply and DER offerings but operates at much larger scale across multiple markets.
- Vistra Energy: Owner of TXU Energy, Ambit Energy, and other Texas retail brands; one of the largest competitive power retailers in the U.S. and a major retail electricity provider in ERCOT, directly comparable at the parent-portfolio level.
- Shell Energy North America: Competitive retail electricity and natural gas supplier serving commercial, industrial, and institutional customers; comparable to Gexa's C&I and natural gas supply offerings, with a broader multi-state footprint.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Gexa Energy LP social profiles
Digital presenceGexa Energy LP financial estimates
Financial estimateRevenue estimate
Valuation estimate
Gexa Energy LP leadership team
Management profileNumber of profiles
Gexa Energy LP subsidiaries and ownership
Company hierarchySubsidiaries1 record
Gexa Energy LP funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Gexa Energy LP M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Gexa Energy LP
What does Gexa Energy LP do?
Gexa Energy, LP is a Texas Retail Electricity Provider (REP) that sells electricity supply to residential, small business, and commercial/industrial customers across the ERCOT market under PUCT Certificate #10027. Customers choose from fixed-rate, variable-rate, time-of-use, EV, solar buyback, and budget-protection plans, with delivery handled by partner TDUs and consumption billed in kWh plus monthly base and pass-through TDU charges. The company also offers integrated home solutions (rooftop solar referrals, battery storage, smart thermostats, home protection, EV charging plans) and commercial services (electric supply, natural gas supply, energy engineering, load management, energy brokerage).
Is Gexa Energy LP a public or private company?
Gexa Energy LP is a private company. It is classified as corporate owned and is currently operating.
When was Gexa Energy LP founded?
Gexa Energy LP was founded in 2001. It employs 101 to 250 people.
Where is Gexa Energy LP based?
Gexa Energy LP is headquartered in Houston, United States, in the North America region.
How does Gexa Energy LP make money?
Three revenue lines are on record. Retail Electricity Supply is the primary driver. The others are home Solutions and demand Response and Energy Optimization.
Who are Gexa Energy LP's main competitors?
Direct peers on record are Reliant Energy, TXU Energy, Direct Energy, Green Mountain Energy, Frontier Utilities, Ambit Energy and ENGIE Resources. Broad incumbents are Constellation Energy, Vistra Energy and Shell Energy North America.
Does Gexa Energy LP have an API?
No public API is recorded for Gexa Energy LP.
What industry is Gexa Energy LP in?
Gexa Energy LP's product category is Retail Electricity Supply. Its primary akta.pro industry code is EUAGABAI, Retail Supply + DER/Virtual Power Plant Bundles (Solar, Storage, DR), with a secondary code of EUAGABAK, Retail Billing, Customer Care & CIS/BSS Operations (for Residential/SMB). Its NAICS code is 22112 and its SIC code is 4911.