Reviews

If you’re reading this review odds are you’ve seen Gexa advertise their latest plan, the BOGO, and are wondering if this is a good plan for your household.

We’ll break down the Gexa BOGO plan and explain the details so that you are informed about what this plan is all about. Ultimately we’re here to help you find your best electricity plan for your Texas home.

This plan review is for the Gexa BOGO 12 plan.

Any product or company names, marks or logos shown on this page are the property of their respective owners. ComparePower is an independent marketplace offering free electricity pricing comparisons for consumers.

Time to read: about 4 min

Sections in this guide:
Click on a section to navigate directly to it:

  1. What is Gexa BOGO?
  2. Gexa BOGO in Dallas (Oncor)
  3. Gexa BOGO in Houston (Centerpoint)
  4. Conclusion: Key Facts and Takeaways

 

What is Gexa BOGO?

Now that summer temperatures have officially descended on Texas for the next few months you probably have found yourself turning on your A/C to keep your home cool and comfortable.

However, central air conditioning uses a lot of energy – up to 30 percent of your monthly bill during the hot summer months. That’s why Gexa created the BOGO plan, which stands for ‘Buy One Get One’.

As the name implies, with this plan if you buy one kilowatt-hour you get one kilowatt-hour for free. Said another way, you get 50% off of your “energy charges” every month. If you use 1,000 kWh in energy charges, you’ll only pay for 500 kWh. Sounds great, right?

We thought so too, which is why we decided to take a deeper look at this plan’s Electricity Facts Label (EFL) to uncover the details and show you the real math and cost of this plan.

 

Gexa BOGO plan in Dallas (Oncor)

According to the Gexa Bogo EFL, Gexa charges Oncor Electric Delivery customers an average price of 10.6 cents per kWh for 2000 kWh of monthly usage.

Gexa BOGO EFL for Oncor Electric Delivery in Dallas-Fort Worth

Oncor Electric Delivery serves the Dallas area, which includes Fort Worth, Plano, Arlington, Frisco, Allen, and several other surrounding suburbs.

We’ve included a complete cost breakdown of the Gexa Bogo plan for Dallas-Fort worth metroplex residents as a function of usage in the conclusions section below.

 

Gexa BOGO plan in Houston (CenterPoint Energy)

According to the Gexa BOGO EFL, Gexa charges Houston residents (CenterPoint Energy service area) an average price of 11.8 cents/kWh for 2000 kWh of monthly usage.

Gexa BOGO EFL for CenterPoint Energy in Houston Metro

Centerpoint serves Houston area residents including surrounding suburbs such as Katy, The Woodlands, Humble, Kingwood, and several other greater Houston area suburbs.

We’ve included the complete cost breakdown of the Gexa Bogo plan for Houston Metro residents as a function of usage in the conclusions section below.

 

Conclusion: Key Facts and Takeaways

Free energy is great, but is Gexa BOGO the right plan for you and will you be saving money by signing up for the Gexa BOGO plan?

The simple answer is it depends on your usage. Here’s why…

The only way to really know which plan is right for you in Texas is to know your monthly kWh electricity usage. Or better yet, if you’re switching providers, your historical (kWh) usage for the previous 12-months.

For illustrative purposes, take a look at how the effective rate ($/kWh) varies with monthly usage (kWh) for the Gexa BOGO plan:

Gexa BOGO Cost Breakdown Oncor Delivery (Dallas-Fort Worth Metro)

Gexa BOGO Cost Breakdown: Oncor Delivery Company (Dallas-Fort Worth Metro service area)*

 

Gexa BOGO Cost Breakdown

Gexa BOGO Cost Breakdown: CenterPoint Energy (Houston Metro service area)*

 

*Calculations are based on the plan EFLs posted on GexaEnergy.com as of 3/14/2018. Costs exclude taxes and non-recurring fees.

As illustrated in the cost breakdown above, the key to avoid overpaying is knowing your expected usage and comparing monthly costs for each plan based on that usage amount.

Although electricity is a commodity, it is not priced linearly like other commodities you purchase day to day. Let’s use gasoline as an example to drive this point home.

With gasoline, the “price per gallon” you see on the sign is the price you pay no matter how many gallons you pump.

$3 per gallon. Pump 10 gallons, pay $30. Simple.

Electricity in Texas is not as simple as buying gasoline. The advertised “price per kWh” is based on a specific, exact monthly usage (usually 2000 kWh).

And, each plan has a different calculation for how your monthly bill is determined.

Your effective “price per kWh” can only be determined by calculating your monthly bill, then dividing that monthly bill by your usage.

Advertised “price per kWh” can be misleading because it’s based on a specific usage like 2000 kWh. It’s best to shop based on the total bill for your home’s expected usage.

How do you do that when the math is complex, and every plan is a little different?

ComparePower has already done all this complicated math for you.

If you’re switching providers, we help you find and compile your historical usage. If you’re moving to a new home we help you determine your anticipated monthly kWh usage. Then we show you the best plans and their total monthly cost for your specific usage.

 

Sign up for the BOGO plan

If you determine Gexa Bogo is the best plan based on your usage call Gexa Energy to enroll directly: 855-639-8210

In addition to receiving 50% off your energy charges you’ll get:

  • A straightforward, competitive contract and pricing to meet your needs.
  • Friendly and helpful customer care, right here in Texas.
  • 60-Day Happiness Guarantee.

 

Still not sure if Gexa BOGO is right for you? Don’t sweat it. If you’re not happy with the Gexa BOGO Plan for any reason, just call Gexa Energy within 60 days of your service activation date, change to another Gexa Energy plan, and get the early cancellation fee waived on your first plan.

Enter your zip code to compare the Gexa BOGO plan with other plans on ComparePower:

 

Additional energy plan reviews you may be interested in reading:

TXU Reviewed: Free Nights & Weekends Anything but Free? Let's explore whether TXU as an energy supplier for your home is a good idea.

TXU Reviewed: Free Nights & Weekends Anything but Free? Let’s explore whether TXU as an energy supplier for your home is a good idea.

Let’s take a closer look at TXU.  As one of the longest standing energy companies in Texas, TXU has seen better days.

In recent months, the utility company has been discussing a potential bankruptcy filing in order to clear $32 billion of debt from its books.

Since selling out to a handful of massive corporations (like Goldman Sachs) in 2007, the company has tried its hardest to create a new company image, even changing names to the Energy Future Holdings Corporation.

But there’s a reason the company still struggles. With consistently negative reviews and a notoriously bad customer service program, most of TXU’s promises are too good to be true.

It’s time to reevaluate the real costs of “cheap electricity” from the struggling corporation.

Deal or Delusion?

One reason that customers are consistently drawn to the energy giant is the countless promotions they offer.

Between cash-back loyalty reward programs, self-adjusting “energy-saver” plans, and promotional discounts, customers are drawn like moths to a flame by the savings they assume they’re getting.

But they all get burnt. Taking a closer look at each program shows that the only people getting any benefit from these “deals” are the salesmen who invented them.

“Total Satisfaction Guarantee”

The power to choose your energy provider in Texas is what keeps the deregulated market geared towards the interests of the buyers.

With so many choices, energy companies have to compete for customer loyalty. Leaving one provider for another is a common way to get the best bang for your buck, and TXU knows that its customers are aware of this. They capitalize on this freedom, making energy deals more attractive by saying the customer can choose to drop it at any time.

“Free Nights” or “Free Weekends” end up being anything but free, despite the phrasing the company uses.  The rates you pay for the time it’s not free can add up quickly, and in many cases end up averaging out to be much higher than a no-gimmick plan offered by another provider.

Another examples is their Energy Auto-saver plan, where the cost of electricity is guaranteed below a specific rate.  So when energy prices drop, you save money and if they increase, you’re safe at the initial rate.  According to the company website, total satisfaction is guaranteed and customers can switch for free if unsatisfied.

But according to actual customer experiences in Corpus Christi, leaving this already pricey plan can be shockingly expensive.

On top of the expensive service rate, the hefty cancellation fee, and the inconvenience of dealing with a careless corporation, customers had to repay the hundreds of dollars they saved through the plan! The fine print reveals that it’s only free to leave before your first bill. So much for “guaranteed satisfaction.”

Simply put: ignore the gimmicks.

The only way to guarantee satisfaction is to get informed and find the perfect plan for you, where it’s clear exactly what you’re signing up for.

The power to choose gives every individual the freedom to make their own decision, and one company is helping consumers do just that.

People visit ComparePower to instantly compare electric plans with our unbiased shopping tool that presents all the information you need to make an informed choice.

With easy to use charts for comparison, you can compare any plans you want side-by-side. ComparePower sorts everything for you and puts the most crucial information all in one place.

With just your zip code and a few clicks, you can easily find the perfect energy plan from the hundreds being offered.

Don’t waste your time at a site that’s trying to sell you a specific product – ComparePower is honest and unbiased. Get informed on all the options and fine print, and guarantee satisfaction for yourself.