Read this review to learn about the Gexa Energy BOGO plan.
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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:
- What is Gexa BOGO?
- Gexa BOGO in Dallas (Oncor)
- Gexa BOGO in Houston (Centerpoint)
- 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.
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.
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:
*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.
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