The Gexa Simply Low 12 Plan provides customers with a fixed-rate electricity plan for a whole year. This plan guarantees that the electricity rates will remain unchanged for the entire length of the contract. It’s an ideal option for those who prefer predictable electricity costs.
Additionally, customers receive a credit of $115.00 on their bill each billing cycle when their electricity usage is 1,000 kWh or more.
Alternatively, Gexa offers the Simply Low 24-month plan, which has the same offerings as the 12-month plan but locks in your rate for a full two-year term rather than one year.
Gexa Simply Low 12 Plan Overview
- Usage Credit: Whenever a customer’s electricity usage meets or exceeds 1,000 kWh in a billing cycle, they receive a credit of $115.00, which is applied to their bill
- Fixed-rate plan: Fixed-rate plans contribute to consistent billing by minimizing unexpected fluctuations in the payment amounts
- 12-month term length: Throughout this period, your electricity rate will remain stable
- 100% renewable energy: Using wind and solar energy contributes to reducing carbon emissions and helps in environmental preservation
- $150 Early Termination Fee (ETF): Should you choose to relocate, you will not incur any early termination fees
Remember that electricity plans may vary due to market conditions and the decisions of various energy suppliers.
Compare Simply Low 12 to Other Plans
Explore the Gexa Simply Low 12 Plan’s features and compare it with other Gexa energy plans on Home Energy Club. Alternatively, you may enter your Texas ZIP code to quickly find cost-effective energy plans in your area.
| Plan | Current Rate per kWh | Term Length |
|---|---|---|
| Simply Low 12 | 11.7 ¢ | 12 months |
| Eco Saver Plus 12 | 10.5 ¢ | 12 months |
| Eco Saver Plus 24 | 10.6 ¢ | 24 months |
| Energy Saver 24 | 17.2 ¢ | 24 months |
| Eco Saver Lite 12 | 19.7 ¢ | 12 months |
| Eco Saver Premier 12 | 20.1 ¢ | 12 months |
How to Avoid Bill Surprises with The Simply Low 12 Plan
While the Gexa Simply Low 12 Plan offers attractive savings through a $115 usage credit, it’s essential to understand how the plan’s structure affects your monthly costs. The credit only applies when your monthly electricity usage meets or exceeds 1,000 kWh. If your consumption falls even slightly below that threshold, you won’t receive the credit, which can lead to a much higher effective rate per kWh than expected.
To avoid bill surprises:
- Monitor Your Usage: Use Smart Meter Texas or your provider’s online portal to track your monthly kWh consumption. Staying aware of your usage can help you consistently qualify for the bill credit.
- Understand Seasonal Variations: In milder months like spring and fall, your energy use might dip below 1,000 kWh. Consider adjusting usage slightly to meet the threshold if it’s close.
- Check the EFL: Review the Electricity Facts Label to fully understand the pricing structure and any additional fees. Knowing the base rate without the credit can help you anticipate charges in lower-usage months.
- Set Alerts: If available, set up billing or usage alerts to notify you if you’re trending below the credit threshold.
By actively managing your energy usage and staying informed, you can take full advantage of the plan’s savings while minimizing unexpected charges.
Is a Gexa Simply Low 12 Plan Right for Me?
The Gexa Simply Low 12 Plan provides a fixed-rate energy plan, maintaining consistent energy rates day and night for the entirety of your contract.
Reflect on these important aspects of fixed energy plans to determine if this plan suits your requirements:
- Offers a consistent electricity rate throughout the entire year
- Helps in reducing costs when market energy prices increase and lessens the effect of seasonal rate changes
- Consult our comprehensive Electricity Facts Label guide for further details to see if this plan meets the requirements of your home
