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Gexa Saver Value 12
Gexa Saver Value 12 is a bill credit electricity plan that offers discounts when your monthly usage falls between 500 and 1500 kWh. If you consistently stay within this range, you could save money. However, falling below or exceeding the threshold can result in higher costs.
Let’s review the details to see if this plan makes sense for your home.
Summary
- You must use at least 500 kWh per month to receive a $35 bill credit.
- If your usage is between 1000 and 1500 kWh, the bill credit increases to $50.
- If your usage falls below 500 kWh or exceeds 1500 kWh, you don’t get the bill credit, and your rate increases.
- TDU charges apply separately, and the advertised rate includes the bill credit.
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Is Gexa Saver Value 12 Right for You?
This plan is a good fit if your electricity usage consistently falls between 500 and 1500 kWh monthly.
You’ll benefit from the $35 bill credit at 500–999 kWh or the $50 bill credit at 1000-1500 kWh, lowering your overall electricity costs.
However, if your usage drops below 500 kWh or exceeds 1500 kWh, you won’t receive any bill credit, making this plan more expensive than a standard fixed-rate plan.
This plan could save you money if you track your energy usage closely and stay within the discount range. Otherwise, a fixed-rate plan may be safer to avoid unexpected bill spikes.
What is Gexa Saver Value 12?
Gexa Saver Value 12 is also known as a bill credit plan. With bill credit plans, you get a discount on your electricity bill when you hit a certain usage threshold.
These discounts can stack up to actual savings if you know you will hit the minimum usage required to get the monthly discount.
With Saver Value 12, Gexa Energy offers a $35 discount on your electricity bill when you use between 500 and 999 kWh during a billing cycle.
A $50 discount is offered when your usage is between 1000 and 1500 kWh.
If you know that you always exceed that usage each month, you will receive a bill credit throughout the year.
How does Gexa Saver Value 12 work?
Gexa Saver Value 12 is a bill credit plan. Depending on your usage, you get a $35 or $50 discount on your electricity each month.
It was created to give you discounts on your monthly electricity bill and help keep your electricity bills in control throughout the year.
Gexa Energy also offers a 60-day Happiness Guarantee for new customers.
How do the bill credits work?
- $35 bill credit applies when your usage falls between 500-999 kWh.
- $50 bill credit applies when your usage falls between 1000-1500 kWh.
What happens if I go over 1500 kWh?
If your usage exceeds 1500 kWh, you won’t receive any bill credits and will be charged the full rate.
How much does Gexa Saver Value 12 cost?
At the time of writing, Gexa Energy listed Saver Value 12 at 17.1 cents per kWh for 1000 kWh monthly usage in the Oncor service area, which includes the Dallas-Fort Worth metroplex.
Important: Gexa Energy includes the bill credit discount in the advertised price for the Oncor area. You will only get the advertised rate if you use EXACTLY 1000 kWh each month.
No one uses exactly 1000 kWh every month, and your usage will vary, affecting your pay rate.
If you are considering signing up for Gexa Saver Value 12, use Live Link to shop with your home’s actual usage to see if you will benefit from the bill credit discount.
Average Texan
Are you similar to the average Texan? According to eia.gov, the average Texan pays 13.15 cents per kWh for electricity.
With average usage of 1,132 kWh per month, the average Texas electricity bill would be right around $148.90 each month.
With the weather in Texas swinging each season, your usage and electricity bill can change as quickly as the weather.
Remember that these average numbers are taken from statewide data and that your usage could be drastically different based on the size and age of your home, your appliances, and your electricity usage habits.
Saver Value 12
Compared to the Texas average from last year, Gexa Saver Value 12 is more expensive at 17.1 cents per kWh at 1000 kWh usage.
On the Saver Value 12 plan, you would pay an electricity bill of $199.72 for 1,132 kWh of usage.
That’s 34.13% more than the average Texan paid on electricity bills last year.
Your electricity rate will vary any month you use more or less than 1000 kWh. That means that your bill could be significantly more expensive than the Texas average during months you aren’t hitting the usage threshold for the bill credit.
Other fees
You’ll find a TDU delivery charge alongside your energy charge on your bill.
The TDU charge depends on which company services the area that you live in. The TDU charge for the Oncor area, covering the Dallas-Fort Worth metropolitan area, is currently 4.4 cents per kWh. Oncor also collects a base charge of $3.42 each month.
Gexa Saver Value 12 also has an early termination fee of $150.
Before signing up, shop with your home’s unique usage profile to avoid high bills and the need to end your contract early.
Digging into the Terms of Service, Gexa Energy lists additional fees for late payments, disconnect notices, reconnections, insufficient funds, and extra copies of bills.
If you regularly need to pay your bills late or require additional copies of your bill, you might consider a different electricity plan to avoid these fees.
Pros & Cons of Gexa Saver Value 12
Pros:
✔ Lower effective rate if you stay between 500-1500 kWh
✔ 100% renewable energy
✔ 60-day satisfaction guarantee
✔ Fixed rate for 12 months
Cons:
✘ Must stay between 500-1500 kWh for the discount
✘ Higher rates if you fall below or exceed the range
✘ Usage monitoring required
✘ $150 fee for early termination
Gexa Saver Value 12 Alternatives
The Bottom Line
If your household regularly uses between 500-1500 kWh per month, this plan could offer solid savings.
However, you may pay significantly more than expected if your usage varies.
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.
- Can I enroll for a plan directly on Compare Power?
Yes, Compare Power offers a seamless online enrollment process. You can find and enroll in a plan without leaving our platform.
- 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 do I find the cheapest fixed-rate electricity in Texas?
Finding Texas’s cheapest fixed-rate electricity plan requires more than looking at advertised rates. Here’s how to ensure you’re getting the best deal for your usage:
1. Shop With Your Actual Usage
Texas electricity plans often have pricing based on usage levels (500, 1000, or 2000 kWh). The best way to get the lowest rate is to shop using your energy habits with Live Link™.
2. Compare More Than Just the Rate
A plan with the lowest advertised rate isn’t always the cheapest when you factor in:
- Bill credits or tiered pricing (which can increase or decrease your actual cost)
- Delivery charges from your utility (which apply no matter which provider you choose)
- Contract length (longer terms may offer more price stability)
- Early termination fees (if you switch before your contract ends)
3. Check for Hidden Fees
Some plans have hidden fees or pricing gimmicks that only benefit specific usage levels. Reading the Electricity Facts Label (EFL) helps you understand precisely what you’ll pay.
4. Lock in Your Rate at the Right Time
Electricity prices fluctuate based on demand, with lower rates often available in spring and fall when demand is lower. If your contract ends, compare rates early to avoid paying a higher variable rate.
5. Use a Comparison Tool
Instead of searching provider websites individually, use a tool like Compare Power to see real-time rates for your home and lock in the lowest fixed-rate plan available.
By shopping based on your actual usage and comparing all costs—not just the advertised rate—you’ll find the cheapest fixed-rate electricity plan that truly works for you.
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