Gexa Energy LP

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.

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

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

• Retail electricity supply
• Fixed rate plans
• Solar buyback
• Commercial energy supply
• Home energy solutions

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Infrastructure, Operations, Marketing or Sales, Technology or R&D, Personnel

Revenue model

1. 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.
2. 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.
3. 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

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core 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

Named customers3 records

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and supporting.

• CenterPoint EnergycoreTechnology or IntegrationTransmission 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 ElectriccoreTechnology or IntegrationTDU 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)coreTechnology or IntegrationTDU 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)coreTechnology or IntegrationTDU 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 & LightcoreTechnology or IntegrationTDU 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 ServicescoreStrategic or Co-development PartnerAffiliate 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 InstallerssupportingImplementation/ SI/ Consulting PartnerLicensed 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

Direct 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

• Xx.com/gexavoice
• YouTubeyoutube.com/channel/UCnj0Gr4nw_inS76gNk44WWA
• Facebookfacebook.com/GexaEnergy
• LinkedInlinkedin.com/company/gexa-energy

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gexa Energy LP