ELECTRICITY RATES IN MAGNOLIA
Magnolia Electricity Rates and Plans
Shop and compare energy plans from top electricity providers in Magnolia, Texas.
MAGNOLIA
ENERGY COMPANIES & RATES IN MAGNOLIA
Magnolia Electricity Guide
Magnolia electricity prices have increased by 0.9¢ over the past 7 days for an average 1000 kWh home. That’s roughly a $9/month increase, which is notable. With 112 plans available ranging from 7.1¢ to 21.9¢ per kWh, the market remains competitive, but this upward trend is worth monitoring if you’re considering switching plans.
7-DAY MARKET TRENDS
Electricity pricing trends in Magnolia
Track how electricity rates have changed over the past week.
Average Pricing for an Average Home (1000 kWh)
These rates are from the CenterPoint Energy utility region, which Magnolia is geographically located in.
ENERGY RATES IN MAGNOLIA
Today’s lowest electricity rates in Magnolia
Magnolia residents benefit from Texas’s deregulated electricity market, allowing them to choose from 112 available plans across multiple providers. The market offers 106 fixed-rate plans averaging 14.98¢/kWh, with rates spanning 7.1¢ to 21.9¢ per kWh. With 58% of Magnolia homes being single-family residences averaging 1,225 kWh monthly, most residents should compare plans at the 1,000 or 2,000 kWh usage tiers for accurate pricing. Notably, 110 renewable energy options are available—including 19 plans offering 100% green energy—at virtually no premium over conventional electricity. Residents can also consider 2 prepaid and 4 time-of-use plans depending on their preferences.
Compare All PlansSEPTEMBER 08, 2026
TOP 6 LOWEST RATES IN MAGNOLIA
APGE
SimpleSaver 10
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
5%
4.7
4Change Energy
Maxx Saver Value 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
3%
4.9
APGE
SimpleSaver 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
5%
4.7
Discount Power
Bill Credit Bundle 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
20%
3.6
Discount Power
Bill Credit Bundle 24
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
20%
3.6
Frontier Utilities
Frontier Saver Plus 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
30%
4.7
COMPARE ELECTRICITY PLANS
Compare electricity plans in Magnolia
Based on 77354 ZIP code. 112 plans available. Rates were updated at 07:34 AM CDT on September 08, 2026.
| Provider | Plan Details | Term | Monthly Bill | Rate per kWh | Action |
|---|---|---|---|---|---|
|
|
SimpleSaver 10 5%
4.7
|
Fixed Rate 10 months Fixed Rate 1000 kWh |
$71.00
Est. monthly bill |
1000 kWh
7.1¢
Price per kWh |
|
|
|
Maxx Saver Value 12 3%
4.9
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$72.00
Est. monthly bill |
1000 kWh
7.2¢
Price per kWh |
|
|
|
SimpleSaver 12 5%
4.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$72.00
Est. monthly bill |
1000 kWh
7.2¢
Price per kWh |
|
|
|
Bill Credit Bundle 12 20%
3.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$72.83
Est. monthly bill |
1000 kWh
7.3¢
Price per kWh |
|
|
|
Bill Credit Bundle 24 20%
3.6
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$72.83
Est. monthly bill |
1000 kWh
7.3¢
Price per kWh |
|
|
|
Frontier Saver Plus 12 30%
4.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$72.93
Est. monthly bill |
1000 kWh
7.3¢
Price per kWh |
|
|
Gexa Saver Plus 12 30%
4.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$72.93
Est. monthly bill |
1000 kWh
7.3¢
Price per kWh |
|
|
|
Gexa Eco Saver Plus 12 100%
4.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$72.93
Est. monthly bill |
1000 kWh
7.3¢
Price per kWh |
|
|
Bill Bonus 12 24%
4.0
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$72.98
Est. monthly bill |
1000 kWh
7.3¢
Price per kWh |
|
|
Rhythm Max Saver 12 100%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$74.31
Est. monthly bill |
1000 kWh
7.4¢
Price per kWh |
|
|
The Lone Saver Plus 12 100%
4.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$74.31
Est. monthly bill |
1000 kWh
7.4¢
Price per kWh |
|
|
|
Maxx Saver Value 8 3%
4.9
|
Fixed Rate 8 months Fixed Rate 1000 kWh |
$75.57
Est. monthly bill |
1000 kWh
7.6¢
Price per kWh |
ELECTRICITY RATES BY HOUSING IN MAGNOLIA
Find the right plan for your home
Magnolia's housing is dominated by single-family homes at approximately 2,261 square feet, with typical usage around 1,225 kWh monthly. At this usage level, APGE's SimpleSaver 10 offers rates at 9.3¢/kWh, translating to roughly $114 per month. The 25% of residents in larger apartment complexes use considerably less at 517 kWh monthly, where Just Energy's Simple Value 24 plan provides 12.8¢/kWh rates for approximately $66 monthly.
Single-family homes
58% of homes in the city
Large apartments (10+ units)
25% of homes in the city
Mobile homes
14% of homes in the city
Source: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates 2023, Table B25024 — Units in Structure. Magnolia, TX (1,380 total housing units). Energy estimates based on EIA Residential Energy Consumption Survey (RECS), West South Central region.
TYPES OF ENERGY PLANS
Electricity plan types available in Magnolia
Fixed-rate plans
Magnolia residents can choose from 106 fixed-rate plans with pricing locked for your contract term. Rates start at 7.1¢/kWh and average 14.98¢/kWh, providing budget stability during hot Texas summers.
Variable-rate plans
No month-to-month plans are currently available in Magnolia. These plans typically fluctuate with wholesale electricity costs and offer no long-term rate protection, though they provide contract flexibility when available.
Renewable energy
Magnolia offers 110 renewable plans, including 19 that are 100% green energy sourced from wind and solar. The average rate is 15.06¢/kWh, nearly matching conventional plan pricing at just 0.01¢ premium.
Prepaid plans
Two prepaid electricity options are available in Magnolia, averaging 19.09¢/kWh. These plans require no deposit or credit check, with customers paying for electricity before use through a pay-as-you-go system.
Time-of-use plans
Four time-of-use plans average 15.47¢/kWh in Magnolia. These plans charge different rates based on time of day, potentially benefiting households that can shift air conditioning and major usage to off-peak hours.
Free nights & weekends
These plans offer no-cost electricity during specific overnight or weekend hours. They can benefit Magnolia households able to run appliances, charge devices, and adjust thermostat schedules outside standard daytime weekday periods.
HOW TO CHOOSE
Choosing an electric company in Magnolia.
When looking for your retail electricity provider and choosing an electric plan, there’s a number of factors to keep in mind. You’ll be able to choose a plan that’s best for you if you understand your energy usage and what’s important to you in a provider. Below are a series of tips to help you make the best decision for your household.
Report an Outage
Call 1-800-332-7143. Text “OUT” to 50123. Report online.
TDU Delivery Charges
$4.90/month base charge + 6.413¢/kWh delivery rate. These charges from CenterPoint Energy are included in every electricity plan.
FREQUENTLY ASKED QUESTIONS
Common questions about energy in Magnolia
As of September 8th, 2026, the lowest electricity rate in Magnolia is APGE's SimpleSaver 10 at 7.1¢/kWh. This is significantly below the market average of 15.07¢/kWh. With 112 plans available, comparing options can help you find substantial savings for your home.
Magnolia's hot, humid Texas summers drive high cooling costs, with typical homes using approximately 1,225 kWh monthly. Air conditioning accounts for the largest portion of summer bills. Choosing plans optimized for higher usage during peak summer months can help manage costs during the hottest seasons.
Since 58% of Magnolia housing consists of single-family homes averaging 1,225 kWh monthly, residents should select plans in the 2000 kWh tier for optimal pricing. This tier typically offers the best per-kWh rates for typical household consumption patterns in the area.
Start by comparing all 112 available plans to find rates below the 15.07¢/kWh market average. Consider the 110 green energy plans available, which cost only 0.01¢ less than average. Improving insulation and upgrading to efficient AC systems significantly reduces summer cooling costs.
NEARBY METROS
Compare electricity rates in cities near Magnolia
Magnolia shoppers often compare plans in nearby Texas metros — rates, providers, and plan types can differ just a few miles away.
Great choice!
