The Texas legislature passed Senate Bill 3 (2021), which effectively banned REPs from offering plans that expose residential customers to unlimited wholesale prices. Gexa quietly exited the indexed plan business.
Gexa is a wholly-owned subsidiary of NRG Energy , one of the largest power generators in the US (owner of plants like WA Parish and Limestone). NRG acquired Gexa in 2011 from its previous owner, the Spanish renewable giant Acciona . gexa energy texas