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Gexa Saver Premium 12
Gexa Saver Premium 12 is a bill-credit electricity plan that rewards you with a $100 discount when you use 2000 kWh each month. However, if your usage falls below that threshold, your rate could increase significantly.
We break down the actual costs, potential savings, and risks so you can decide if this plan is right for your home.
Key Takeaways
- You must use at least 2000 kWh per month to receive the $100 bill credit.
- If your usage is above or below 2000 kWh, your rate increases.
- The advertised rate includes the bill credit, so there’s no additional discount on your bill.
- Fixed-rate plans may provide more stable pricing if your usage fluctuates.
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Is Gexa Saver Premium 12 Right for You?
If your home regularly uses at least 2000 kWh per month, this plan could help you lower your electricity costs with its $100 bill credit. However, you must hit that usage threshold to see the advertised rate—falling short means paying significantly more.
Bill credit plans work best when you understand your energy habits and have at least a year of usage history to compare. If your usage is inconsistent or typically below 2000 kWh, a fixed-rate plan may be a better option to avoid unexpectedly high bills.
Before committing, check your actual energy usage on Compare Power to see how this plan compares to other options. Comparing rates side by side ensures you get the best deal for your home’s needs.
What is Gexa Saver Premium 12?
Gexa Saver Premium 12 is a bill credit electricity plan, meaning you receive a discount on your bill when you meet a specific usage threshold.
This plan provides a $100 bill credit each month you use at least 2000 kWh, helping lower your effective rate. However, if your usage falls below 2000 kWh, you won’t receive the discount, and your rate will be significantly higher.
For homes that consistently use 2000 kWh or more, this plan can offer real savings. If your usage fluctuates, you may want to consider a fixed-rate plan to avoid unexpected high costs.
How Does Gexa Saver Premium 12 Work?
Gexa Saver Premium 12 is a bill credit plan, meaning you receive a $100 discount on your electricity bill each month if your usage reaches at least 2000 kWh.
This plan is designed to lower electricity costs if you consistently hit the 2000 kWh threshold. If your usage falls short, you won’t receive the bill credit, and your effective rate will be much higher.
Gexa Energy also offers a 60-day Happiness Guarantee for new customers, allowing you to switch to a different Gexa plan if this one doesn’t work for you.
Bill Credit Details
- $100 discount applies when you use 2000 kWh or more per billing cycle
- The advertised rate includes this discount—if you don’t hit 2000 kWh, your rate will be higher
- You are still responsible for Transmission and Distribution Utility (TDU) charges, which are not affected by the bill credit
This plan can provide solid savings for high-usage homes, but a different plan may be a better fit if your electricity consumption is below 2000 kWh per month.
How Much Does Gexa Saver Premium 12 Cost?
At the time of writing, Gexa Saver Premium 12 is listed at 20.1 cents per kWh at 1000 kWh usage in the Oncor service area, which includes Dallas-Fort Worth.
Important: The advertised rate includes a $100 bill credit but only applies if you use at least 2000 kWh monthly. If your usage falls below this threshold, you will not receive the bill credit, and your actual cost per kWh will be higher.
Your Bill Based on Usage
| Usage | Estimated Monthly Bill | Effective Rate per kWh |
|---|---|---|
| 1000 kWh | $201.00 | 20.1¢ |
| 2000 kWh | $270.00 (with $100 credit) | 13.5¢ |
If you use 2000 kWh or more, you’ll see a lower effective rate, but if your usage falls below 2000 kWh, this plan may be more expensive than a standard fixed-rate plan.
How Does This Compare to the Texas Average?
| Plan | Rate (1,132 kWh) | Monthly Bill (1,132 kWh) | Rate at 2000 kWh | Monthly Bill (2000 kWh) |
|---|---|---|---|---|
| Texas Average (Latest Data) | 14.51¢ | $164.25 | 14.51¢ | $290.20 |
| Gexa Saver Premium 12 | 20.1¢ | $227.42 | 13.5¢ (with bill credit) | $270.00 |
This plan is more expensive than the Texas average if you don’t reach the 2000 kWh threshold.
Other Fees to Consider
- TDU Charges – Oncor’s delivery rate is currently 4.4 cents per kWh, with a $3.42 monthly base charge.
- Early Termination Fee – $150 if you cancel before the contract ends.
- Additional Fees – Late payments, disconnection notices, reconnection fees, and extra copies of bills may apply.
Gexa Saver Premium 12 Alternatives
Get discounts on your electricity bills throughout the year. We’ve rounded up our best bill credit usage discount energy plans so you can quickly find the best energy deals for your usage.
Should You Choose This Plan?
This plan can offer savings if your household regularly uses 2000 kWh or more. However, if your usage is inconsistent or below 2000 kWh, you may pay significantly more than other fixed-rate plans. Always compare rates based on your actual usage before making a decision.
Frequently Asked Questions
- Is Gexa Energy a reliable electricity provider?
Gexa Energy is a well-established electricity provider in Texas, known for offering competitive rates and bill credit plans. They are a subsidiary of NextEra Energy, one of the largest renewable energy companies in the U.S.
Gexa offers a variety of plans, including fixed-rate and 100% renewable energy options.
If reliability is your concern, Gexa operates under the same Transmission and Distribution Utilities (TDU) as other providers, meaning power delivery and reliability are the same regardless of the provider you choose. Your only difference will be rates, customer service, and billing policies.
- Are bill credit plans worth it?
Bill credit plans can be worth it, but only if your electricity usage consistently meets the required threshold to earn the credit.
If your usage fluctuates or falls below the required amount, these plans can cost significantly more than a standard fixed-rate plan.
When a Bill Credit Plan Might Work for You
- You have predictable, high energy usage – If your household regularly uses at least the required kWh (e.g., 1000 or 2000 kWh per month), you can consistently receive the bill credit and lower your effective rate.
- You live in a large home or have high energy needs – Homes with multiple residents, pools, or electric heating/cooling systems may benefit from the credit if they use enough energy.
- You track your usage closely – If you can monitor your energy consumption to ensure you hit the credit threshold each month, you can maximize savings.
When a Bill Credit Plan Can Cost You More
- Your usage is inconsistent – If you fall below the credit threshold even once, you lose the discount and pay a much higher rate.
- You use less energy than required – If your home’s energy use is lower than the bill credit threshold, you won’t benefit from the discount and could end up paying higher per-kWh rates.
- You don’t want to micromanage your electricity use – Unlike a fixed-rate plan, where your rate stays constant, bill credit plans require active monitoring to make sure you’re hitting the credit each month.
Key Takeaway
Bill credit plans only work if you consistently meet the required usage threshold. If you don’t, a fixed-rate plan is usually a safer and more predictable option.
Before choosing a bill credit plan, compare rates based on your actual energy usage with Live Link™ to see if it’s the best deal for you.
- Is the bill credit applied as a refund or a discount?
The bill credit is applied directly to your electricity bill as a discount. You won’t see a separate refund—your total charges will be reduced by $100 if you meet the usage requirement.
- How does Gexa’s 60-Day Happiness Guarantee work?
Gexa offers a 60-day period where new customers can switch to another Gexa plan without penalty. However, this does not allow you to cancel the contract completely—you must switch to another Gexa Energy plan.
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