Are you a Texan looking to choose the best electricity provider for your home? We understand the importance of making an informed decision when it comes to your energy needs. In this article, we'll compare two popular energy providers in Texas: Gexa Energy and Champion Energy. However, before we delve into the details, let's introduce you to BKV Energy (or BKVE for short), your honest and transparent alternative.
BKV Energy is all about energy made fair. In every aspect, we strive to bring honesty and simplicity to the communities and the people we serve. At BKV Energy, customers don't have to pick between cleaner or more affordable. They have the power to choose both. We give customers the knowledge to make informed decisions about their energy bill AND their energy company.
Now, let's compare Gexa Energy and Champion Energy in various aspects:
BKV Energy's mission, as you've just read, is centered around bringing fairness, honesty, and simplicity back to energy for Texans. We believe in giving you the power to choose without gimmicks.
BKV Energy, while newer to the scene, serves all of Texas with a commitment to transparent pricing and clear terms. Learn more >
Both Gexa and Champion Energy offer a variety of plans, some of which employ gimmicks to entice customers. These gimmicks can sometimes end up costing you more in the long run due to hidden fees and seasonal pricing changes.
In contrast, BKV Energy offers simple, no-gimmick plans, including Simple Fixed Rate, Solar Buyback, and 100% Renewable Energy plans.
Pricing in your actual area may differ, but for comparison sake we look at pricing in the Houston area:
In contrast, BKV Energy offers the Bluebonnet 13 plan, a simple (no gimmicks) plan priced at 13.9¢ cents per kWh based on an average of 2,000 kWh usage per month.
In conclusion, while Gexa Energy and Champion Energy are popular choices for electricity providers in Texas; they often use gimmick-laden plans that can end up costing you more in the long run. In contrast, BKV Energy strives to bring honesty and simplicity to the communities and people it serves, offering transparent pricing, clear terms, and no hidden fees or surprise charges. Make the right choice for your energy needs and choose BKV Energy for a fair and honest energy experience.
As of 11/21/24, we’ve collected the full list of 2 currently available Gexa Energy plans and 3 Champion Energy plans and listed their rates, terms, and the type of gimmick or standard plan each falls into. These plans are based on an average monthly usage of 2,000 kWh, or what you might use for a typical residential home.
BKV’s lowest rate plan is 13.9¢ per kWh for the Bluebonnet 13 plan - a 100% Renewable no-gimmicks plan.
Compare that to the lowest rate plan from Gexa Energy which is currently the plan at 14.0¢ per kWh for a term of 12 months. This plan falls into the following categories: Base Fee (gimmick), Bill Credits (gimmick). And also check that against Champion Energy lowest rate plan, the plan at 14.0¢ per kWh - a Base Fee (gimmick), Bill Credits (gimmick) type of plan. Gimmick plans may lead to prices not being what you expect in the long run.
The average rate among all Gexa Energy plans is currently 14.8¢ per kWh, including all term lengths available. The average rate among all Champion Energy plans is currently 14.0¢ per kWh, including all term lengths available.
Check out the tables below to compare Gexa Energy vs Champion Energy plans and rates for different standard electric contract terms:
| Providers | Plans | Plan Term | Plan Type(s) | Est. Price Per kWh |
|---|---|---|---|---|
BKV Energy |
Bluebonnet 12 (EFL) | 12 Months | Simple Fixed Rate | 14¢/kWh |
BKV Energy |
Bluebonnet Green 12 (EFL) | 12 Months | Full Renewable , Simple Fixed Rate | 14.2¢/kWh |
| Champion Energy | Green Energy-12 (EFL) | 12 Months | Full Renewable , Simple Fixed Rate | 14.4¢/kWh |
| Gexa Energy | Gexa Light Saver 12 (EFL) | 12 Months | Bullseye (Gimmick Plan) , Base Fee (Gimmick Plan) | 14.7¢/kWh |
| Champion Energy | Free Weekends-12 (EFL) | 12 Months | Free Weekends (Gimmick Plan) | 15.4¢/kWh |
| Gexa Energy | Gexa 12 (EFL) | 12 Months | Full Renewable , Simple Fixed Rate | 15.4¢/kWh |
| Gexa Energy | Gexa SavEV 12 (EFL) | 12 Months | Full Renewable | 16.4¢/kWh |
| Gexa Energy | Gexa Energy Saver 12 (EFL) | 12 Months | Full Renewable , Simple Fixed Rate | 16.7¢/kWh |
| Gexa Energy | Gexa Straight Saver 12 (EFL) | 12 Months | Full Renewable , Simple Fixed Rate | 18.4¢/kWh |
| Gexa Energy | Free 3 Day Weekends 12 (EFL) | 12 Months | Base Fee (Gimmick Plan) , Free Weekends (Gimmick Plan) | 18.9¢/kWh |
| Providers | Plans | Plan Term | Plan Type(s) | Est. Price Per kWh |
|---|---|---|---|---|
BKV Energy |
Bluebonnet 24 (EFL) | 24 Months | Simple Fixed Rate | 14¢/kWh |
BKV Energy |
Bluebonnet Green 24 (EFL) | 24 Months | Full Renewable , Simple Fixed Rate | 14.3¢/kWh |
| Champion Energy | Champ Saver 24 (EFL) | 24 Months | Simple Fixed Rate | 14.1¢/kWh |
| Champion Energy | Champ Silver-24 (EFL) | 24 Months | 14.2¢/kWh | |
| Champion Energy | Champ Saver-24 (EFL) | 24 Months | Simple Fixed Rate | 14.2¢/kWh |
| Champion Energy | Free Weekends-24 (EFL) | 24 Months | Free Weekends (Gimmick Plan) | 14.4¢/kWh |
| Champion Energy | Green Energy-24 (EFL) | 24 Months | Full Renewable | 14.5¢/kWh |
| Champion Energy | Green Energy 24 (EFL) | 24 Months | Full Renewable , Simple Fixed Rate | 14.8¢/kWh |
| Gexa Energy | Gexa 24 - 55+ (EFL) | 24 Months | Full Renewable , Simple Fixed Rate | 14.9¢/kWh |
| Gexa Energy | Gexa 24 (EFL) | 24 Months | Full Renewable , Simple Fixed Rate | 15.2¢/kWh |
| Gexa Energy | Gexa Energy Saver 24 (EFL) | 24 Months | Full Renewable , Simple Fixed Rate | 16.2¢/kWh |
| Gexa Energy | Gexa Straight Saver 24 (EFL) | 24 Months | Full Renewable , Simple Fixed Rate | 16.4¢/kWh |
| Gexa Energy | Gexa SavEV 24 (EFL) | 24 Months | Full Renewable | 16.4¢/kWh |
| Gexa Energy | Gexa Saver Freedom 24 (EFL) | 24 Months | Full Renewable , Simple Fixed Rate | 17.9¢/kWh |
| Providers | Plans | Plan Term | Plan Type(s) | Est. Price Per kWh |
|---|---|---|---|---|
BKV Energy |
Bluebonnet 36 (EFL) | 36 Months | Simple Fixed Rate | 14¢/kWh |
BKV Energy |
Bluebonnet Green 36 (EFL) | 36 Months | Full Renewable , Simple Fixed Rate | 14.3¢/kWh |
| Gexa Energy | Gexa Saver Freedom 36 (EFL) | 36 Months | Full Renewable , Simple Fixed Rate | 17.7¢/kWh |
*Rates and plans may vary, make sure to check the Gexa Energy and Champion Energy websites for the latest information
Many providers offer plans that seem cheap when you enroll, but end up costing a lot more later on.
If you don’t consider changes in your home’s seasonal usage, you could end up paying more…much more.
A simple fixed rate plan is most often the safest bet. We can help you choose the right one!
Before you select an electricity plan, it’s important to understand more about how the different types of plans offered by providers like Gexa and Champion work. First, you need to know how to identify a Gimmicky Plan.
Standard electricity plans are those you can trust to offer just what they say, without tricks that mislead you about the ultimate price you’ll pay on your electrical bill. However, many providers use “Gimmicky” plans to grab your attention. The prices seem very cheap at first glance, but when you dive a bit deeper you may end up paying much more than you’d expect!
Examples of standard plans include Simple Fixed Rate, Variable Rate, Solar Buyback, and 100% Renewable Energy plans - but only if they don’t come with certain gimmicks attached. Gimmicky plans typically include “Bullseye” Plans, plans with a Base Fee, EV Charging plans, plans that offer Bill Credits, and Free Nights or Free Weekends.
Let’s see how Champion Energy and Gexa Energy plans stack up, and what types each company offers currently…
| Provider / Type of Plan | GEXA | CHAMPION | BKVE |
|---|---|---|---|
|
100% Renewable
A plan that only uses renewable sources. |
15 Plans:
Gexa offers 15 Full Renewable plans with no gimmicks:
|
3 Plans:
Champion offers 3 Full Renewable plans with no gimmicks:
|
3 Plans:
BKV Energy offers 3 Full Renewable plans with no gimmicks: |
| Simple Fixed Rate
A Simple Fixed Rate plan is a fixed rate plan that has no other gimmicks associated with it (see Gimmick Plans below). |
13 Plans:
Gexa offers 13 Simple Fixed Rate plans with no gimmicks:
|
9 Plans:
Champion offers 9 Simple Fixed Rate plans with no gimmicks:
|
7 Plans:
BKV Energy offers 7 Simple Fixed Rate plans with no gimmicks: |
|
Solar Buyback
When the electricity company credits you for the excess energy your solar panels generate. |
Gexa does not currently offer Solar Buyback plans. | 4 Plans:
Champion offers 4 Solar Buyback plans with no gimmicks:
|
BKV Energy may be offering Solar Buyback plans in the future - if it’s best for our customers! Check Out BKVE Plans |
|
Variable Rate
The price you pay per kilowatt-hour for electricity may be determined by the market or other factors considered by the retail energy supplier. Since the market cost of electricity changes frequently, your rates could too. |
1 Plans:
Gexa offers 1 Variable Rate plans with no gimmicks:
|
Champion does not currently offer Variable Rate plans. |
BKV Energy doesn’t offer Variable Rate plans because changing market conditions can lead to extremely volatile energy bills. To help you save, we only offer simple fixed rate plans. Check Out BKVE Plans |
| Provider / Type of Plan | GEXA | CHAMPION | BKVE |
|---|---|---|---|
|
EV Charging
EV charging plans are gimmicky because while you're receiving lower cost or free energy at night to charge your vehicle, your kWh rate during the day is higher than average. 70% of your energy consumption occurs during the daytime, so your bill is higher even with those free hours. Learn More |
Gexa does not have plans with a EV Charging currently. | Champion does not have plans with a EV Charging currently. | No Gimmicks
BKV Energy does not offer gimmicky EV charging plans because most homeowners will end up spending more on electricity thanks to elevated daytime kWh rates, even with the free or reduced overnight prices. Check Out BKVE Plans |
|
Base Fee
Base fee plans are gimmicky because they add an extra charge to your bill regardless of how much energy you consume throughout the month. Learn More |
2 Plans:
Gexa has 2 plans that use the Base Fee gimmick.
|
Champion does not have plans with a Base Fee currently. |
No Gimmicks
BKV Energy plans don't include base fees because instead of adding an extra fee to your bill, we only charge for the energy you actually consume. Check Out BKVE Plans |
|
Bill Credit
Bill credit plans are gimmicky because they tease a reward when you use a specific amount of energy. When you don't hit the mark, your rates go up significantly making your bill much higher. Learn More |
Gexa does not have plans with a Bill Credit currently. | Champion does not have plans with a Bill Credit currently. |
No Gimmicks
BKV Energy does not offer plans with bill credits because we prefer to offer a simple fixed rate instead. Most gimmicky bill credit plans come with higher kWh rates so you end up with a higher bill even with the credit applied. Check Out BKVE Plans |
|
Bullseye
Bullseye plans lead with a low average price, but higher prices are hidden in the EFL. That means if you use the wrong amount of energy, your bill can skyrocket. |
1 Plans:
Gexa has 1 plans that use the Bullseye gimmick.
|
Champion does not have plans with a Bullseye currently. |
No Gimmicks
BKV Energy does not offer gimmicky bullseye plans because we prefer to offer a simple fixed plan where your kWh rate remains steady at all usage levels. Check Out BKVE Plans |
|
Free Nights
Free nights plans are gimmicky because your daytime rate can be 5 to 10 cents higher per kWh compared to a simple fixed rate plan. This creates much higher energy bills during the summer in Texas. Learn More |
Gexa does not have plans with a Free Nights currently. | Champion does not have plans with a Free Nights currently. |
No Gimmicks
BKV Energy does not offer gimmicky free nights plans because most Texans end up spending more on electricity thanks to elevated daytime kWh rates, even with the free overnight prices. Check Out BKVE Plans |
|
Free Weekends
Free weekends plans are gimmicky because they increase your price per kWh during the week to make up for your free usage over the weekend. Plus, the window of time your energy is "free" might be shorter than you expect. Learn More |
1 Plans:
Gexa has 1 plans that use the Free Weekends gimmick.
|
2 Plans:
Champion has 2 plans that use the Free Weekends gimmick.
|
No Gimmicks
BKV Energy does not offer gimmicky free weekends plans because most Texans end up spending more on energy due to elevated weekday kWh rates, even with free weekends. Check Out BKVE Plans |
"There are a ton of ways that these electricity companies can trick people. BKV Energy was among the clearest, and easiest to digest. This is the type of company I want to do business with."
- M.K.
"Great customer service and look forward to being a long time customer. Saved over $200 a month transferring from Reliant."
- B.J.
"Great electric company. They are very fair and honest with their pricing. Most providers have tricky price structures that make it hard to know what your bill will be. But with BKV Energy you know exactly what you will get. Highly recommend!"
- N.T.
"Informative website, seamless sign-up, and excellent customer service. I'm thrilled we locked in such a good rate for an extended period of time. I'm looking forward to saving extra money this summer."
- E.F.
While Gexa and Champion offer estimated 2000 kWh plans for Houston for as much as 13.9¢ kWh, BKVE has 12, 24 and 36 month plans for as low as 14.1¢ kWh - and no gimmicks!
What better way to compare companies than a simple side-by-side dust up of Gexa and Champion. Gexa is headquartered in Houston and Champion’s central offices are in Houston. Gexa has about 1.4 million customers, with Champion at around 2 million customers. Headed by CEO Brian Landrum, Gexa was founded in 2002. Champion’s chief executive is Michael Sullivan, and the company was founded in the year 2005.
| Champion Energy | Gexa Energy |
|---|---|
| 1500 Rankin Road, Suite 200, Houston, 77073 | 601 Travis St, Suite 1400, Houston, 77002 |
| CUSTOMERS: 2 million customers |
CUSTOMERS: 1.4 million customers |
| FOUNDED: 2005 |
FOUNDED: 2002 |
| CEO: Michael Sullivan |
CEO: Brian Landrum |
| COVERAGE AREAS: Houston, Dallas, Fort Worth, Midland, Corpus Christi, and many more |
COVERAGE AREAS: Houston, Dallas, Fort Worth, Sugar Land, Irving, Plano, Katy, Corpus Christi, Laredo, McAllen, Midland, Odessa, Waco, Victoria, Temple, Killeen, College Station, Bryan, and more |
| PUCT NUMBER: 10098 |
PUCT NUMBER: 10027 |
| COMPANY BIO: Champion Energy Services, renowned for being the fastest-growing retail electric provider in the nation and the largest never affiliated with a utility, was founded to offer competitive electricity rates and exceptional customer care. The company is headquartered in Houston, Texas, and serves as a retail subsidiary of Calpine, America's largest generator of electricity from natural gas and geothermal resources. Champion Energy is known for its focus on customer interests, offering competitive prices, straightforward billing, and round-the-clock customer care. They currently serve residential, governmental, commercial, and industrial customers in deregulated electric energy markets across various states, including Texas. In Texas, Champion Energy provides customized electricity plans and highly responsive energy advisors, targeting commercial, industrial, and public sector customers. The company is appreciated for its commitment to creating greater value for customers, balancing power supply with sales to minimize significant risks, and operating with a focus on sustainable and responsible power generation. Their customer service can be reached at 877.653.5090. For more information, you can visit their website at https://www.championenergyservices.com/About. |
COMPANY BIO: Gexa Energy, a retail electricity provider headquartered in Houston, Texas, has been a significant player in the energy market since its inception. Approved by the Public Utility Commission of Texas in 2001, Gexa Energy entered the Texas deregulated electricity market in 2002 and has since been servicing both residential and commercial customers across various cities, including Houston, Dallas, Fort Worth, and Corpus Christi. In 2005, the company was acquired by NextEra Energy, Inc., operating as a subsidiary. Notably, Gexa Energy made a significant shift towards sustainability in August 2019 by announcing that all of its residential plans would be powered by 100% renewable energy. Regarding its leadership, Gexa Energy's President is Brian Landrum. Gexa Energy is located at 601 Travis Street, Suite 1400, Houston, Texas 77002. For customer support, they can be contacted at (713) 470-0400 or toll-free at (866) 961-9399. In summary, Gexa Energy stands out as a significant provider in the Texas energy sector, with a clear emphasis on renewable energy and a broad service area across the state. Their leadership and commitment to customer service further establish them as a key player in the Texas energy market. |