The Gexa Energy Saver 24 plan offers a fixed electricity rate for 24 months, providing long-term price stability. This plan is ideal for those who want to lock in their energy rate and avoid the volatility of the market for two years.
Key Details:
- Fixed Rate: The energy charge is set at 14.45¢ per kWh, which ensures your rate won’t change for the duration of the 24-month contract. This stability can be a great advantage if you're looking to protect yourself from potential energy price hikes.
- TDU Charges: In addition to the energy rate, standard TDU delivery charges apply—$4.39 per billing cycle plus 3.8264¢ per kWh. These are consistent charges that cover the cost of delivering electricity to your home.
- Average Cost: Depending on your usage, the average cost per kWh ranges from 18.5¢ to 19.2¢, making it a reasonably priced option for long-term planners.
Considerations:
- Early Termination Fee: If you cancel before the end of the 24-month term, there’s a $295 fee, unless you’re moving and provide proof.
- Paperless Billing: This plan requires electronic billing, so ensure you maintain a valid email address.
Overall, the Gexa Energy Saver 24 is a solid choice for those who prioritize stability and want to avoid the hassle of shopping for new rates every year.