Gexa Energy Founding Year History Jun 2026

Gexa Energy’s roots are firmly planted in Houston. The company was , receiving its official license from the Public Utility Commission of Texas that August.

This acquisition changed the company's trajectory in several ways: gexa energy founding year history

While Gexa Energy is widely recognized today as one of the largest retail electricity providers in Texas, its origins are rooted in the deregulation of the Texas electricity market in the early 2000s. Gexa Energy’s roots are firmly planted in Houston

Unlike integrated utilities, Gexa’s founding strategy was to be an company. In its first year, the company’s "product" was not electrons, but risk management and customer service. At the time of the acquisition, Gexa served

FPL Group, a massive energy conglomerate based in Florida, purchased Gexa Energy for approximately $81 million in cash and stock. At the time of the acquisition, Gexa served approximately 100,000 residential and commercial customers in Texas.

In its early years, Gexa distinguished itself through: