Gexa Corp. is a retail electric provider (REP), servicing residential and commercial customers in Texas. Gexa, doing business as Gexa Energy, offers one-year and two-year term contracts to its commercial customers and month-to-month terms to its residential customers. The majority of the Company's customers are located in the Houston and Dallas, Texas – more... markets, although a growing number are located in a variety of other metropolitan and rural areas in south and west Texas, such as Corpus Christi and Lubbock. Gexa utilizes an agreement with TXU Portfolio Management Company LP (TXU PM), an unregulated entity of TXU Energy that buys and sells wholesale power, for the procurement of wholesale energy. As of December 31, 2004, Gexa is also licensed to supply retail electricity power to the Massachusetts electricity market and has submitted applications to become an electricity provider in New York and Maine.
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