Secure Choice 3 rates through time
Frequently Asked Questions About Secure Choice 3
What is the term length for the Secure Choice 3 plan?
- The Secure Choice 3 electricity plan has a term length of 3 months. If you switch to another provider within that period, you may be charged a cancellation fee.
What is the cancellation fee for the Secure Choice 3 plan?
- The cancellation fee for this plan is $100.
Is Secure Choice 3 a good electricity plan?
Major Energy offers plans that range in price from 10.89¢ to 13.99¢ depending on the term length and where you are located in Texas.
Secure Choice 3 is a Fixed Rate plan. This means that the amount that Gexa Energy charges you for each additional unit of electricity (the energy charge) is consistent no matter how much you use. You can see a breakdown of these other monthly charges on the Secure Choice 3 Electricity Facts Label (EFL). However, the overall 'average rate' shown on your bill may still vary slightly because there are charges on your bill that are applied regardless of usage. Fixed Rate plans generally offer the least amount of surprise on your bills, because if you use more electricity you pay more on your bill, and your average rate will not change much from month to month.
Secure Choice 3 Electricity Facts Label
All plans have an associated Electricity Facts Label (EFL), read this plans EFL here.
An EFL contains all the important, must-know information about an electricity plan such as the rate per kilowatt hour, TDSP fees, cancellation fees, renewable content, and more. Read more about Understanding Your EFL here.
A preview of this plans EFL document is provided here for informational purposes. You should read the up-to-date EFL for Major Energy Secure Choice 3.