Gexa Energy - Gexa Free 3 Day Weekends 12 Plan Details
Green Energy:
This product is 100% renewable
Term Length:
12 Months
Energy Facts Label
The Gexa Free 3 Day Weekends 12 plan is an innovative electricity plan designed to offer free electricity during weekends, making it ideal for households that can shift a significant portion of their energy usage to Fridays, Saturdays, and Sundays. Here's a closer look at how this plan works and what you should consider before signing up.
How the Plan Works:
The Gexa Free 3 Day Weekends 12 is a 12-month, fixed-rate electricity plan that differentiates between weekdays and weekends. During the weekdays, Monday through Thursday, electricity usage is charged at a higher rate. However, from 12:00 AM on Friday to 12:00 AM on Monday, you won’t be charged for the energy you use, effectively giving you free electricity during this period.
Energy and Delivery Charges:
- Weekday Energy Charge: During the weekdays, you’ll be charged 29¢ per kWh, which is significantly higher than standard rates. This high weekday rate is balanced by the free weekend usage, making it crucial to manage when you use most of your electricity.
- Weekend Energy Charge: From Friday through Sunday, the energy charge drops to 0¢ per kWh, meaning any electricity consumed during this time is free.
- Base and Delivery Charges: Alongside the energy charges, there is a base charge of $9.95 per billing cycle. Additionally, TDU (Transmission and Distribution Utility) delivery charges apply, with a flat fee of $4.39 per billing cycle plus 3.8264¢ per kWh during weekdays. Importantly, there are no delivery charges for electricity used over the weekend.
Average Costs:Given the plan’s structure, your average cost per kWh depends heavily on how much of your energy usage you can shift to the weekends. For instance, if you use 1,000 kWh per month and 44% of that usage occurs during the weekend, the average price per kWh is about 19.8¢. If more of your usage happens during the weekdays, your average cost will be higher.
Key Considerations:
- Shifting Usage: To maximize savings, it’s essential to shift as much electricity usage as possible to the weekend. This might include running major appliances, charging electric vehicles, or scheduling energy-intensive activities for Friday through Sunday.
- High Weekday Rates: The weekday energy rate of 29¢ per kWh is significantly higher than most standard plans, so if you can’t adjust your usage patterns, this plan might end up being more expensive.
- Early Termination Fee: If you decide to cancel the plan before the 12-month term is up, there’s a $150 early termination fee unless you’re moving and provide proof.
- Price Adjustments: Although the energy rate is fixed, your bill could change due to fluctuations in TDU charges or other regulatory fees.
Best for Weekend Energy Users:
The Gexa Free 3 Day Weekends 12 plan is perfect for those who can adapt their lifestyle to use more electricity on the weekends. If you’re someone who’s home more on weekends or can schedule activities like laundry, cooking, and charging your devices during this time, this plan could offer substantial savings. However, if your electricity use is consistent throughout the week and you can’t make the switch, you might want to explore other options that offer more balanced rates.
