Gexa Energy vs Octopus Energy: Texas Electricity Head-to-Head
Gexa Energy offers 64 plans starting at 7.0c/kWh while Octopus Energy has 37 plans from 9.9c/kWh across all 6 Texas TDU service areas. Here is how their rates, terms, renewable options, and fees compare.
Rate Curve Comparison
Lowest average rate across all usage levels (8.8c/kWh vs 9.9c/kWh). Consistent pricing regardless of how much electricity you use.
Shows the best available all-in rate from each provider at 500, 1,000, and 2,000 kWh usage levels. The best plan may differ at each tier.
Best Plan Per Term Length
Plan Type Breakdown
Gexa Energy
Octopus Energy
Cancellation Fee Comparison
Gexa Energy
Octopus Energy
Renewable Energy Deep Dive
Gexa Energy
Octopus Energy
Full Plan Tables
Which Provider Fits You Better?
Looking for the Lowest Rate?
Better fit: Gexa Energy
Gexa Energy has the lower advertised rate at 7.0c/kWh (1,000 kWh usage), compared to 9.9c/kWh.
Want a Long-Term Price Lock?
Better fit: Octopus Energy
Octopus Energy has the better option for locking in a rate on a 24-month contract.
Going Green?
Better fit: Gexa Energy
Gexa Energy offers more 100% renewable plans (54 vs 35).
Need Flexibility?
Better fit: Octopus Energy
Octopus Energy has more flexible cancellation terms, including short-term or lower-commitment plans.
These rates are based on 1,000 kWh average usage. Your actual savings depend on YOUR usage pattern.
WattTrim analyzes your real Smart Meter data to find the plan that saves you the most - across all providers, not just these two.
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Trim My BillFrequently Asked Questions
Is Gexa Energy cheaper than Octopus Energy?
Based on current plan data, Gexa Energy has the lower advertised rate, offering plans starting at 7.0c/kWh compared to 9.9c/kWh from the other provider at 1,000 kWh of usage. Your actual cost depends on your usage pattern and the specific plan you choose.
Does Gexa Energy offer renewable energy plans compared to Octopus Energy?
Gexa Energy offers 54 plans (84% of its lineup) at 100% renewable energy, while Octopus Energy offers 35 plans (95% of its lineup).
What are the cancellation fees for Gexa Energy vs Octopus Energy?
Gexa Energy charges $150 - $150 (mixed fee types) on its tracked plans, while Octopus Energy charges $150 - $250 (mixed fee types) on its tracked plans. Always review the Electricity Facts Label (EFL) for the exact fee structure before enrolling.
Which provider has more plan options in Texas, Gexa Energy or Octopus Energy?
Gexa Energy currently offers more plan options across the Texas TDU areas we track, with 64 plans compared to 37.
Can I switch from Gexa Energy to Octopus Energy?
Yes. Texas is a deregulated electricity market, so you can switch retail electric providers at any time. If you are still under contract with your current provider, check for an early termination fee before switching. New service with either provider typically starts within 1 to 5 business days of enrollment.