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 decreased slightly over the past 7 days, with the average rate dropping from 15.55¢ to 15.49¢ per kWh. That’s a modest $0.60/month decrease for an average home using 1000 kWh. With 119 plans available ranging from 7.59¢ to 23.58¢, residents have solid options to compare and consider switching while rates show downward movement.
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 119 available plans across multiple providers. The market offers 109 fixed-rate plans averaging 15.23¢/kWh, with rates spanning 7.59¢ to 23.58¢ per kWh. Notably, 117 renewable energy options are available, including 24 that are 100% green energy, with virtually no price premium over conventional plans. Given that 58% of Magnolia homes are single-family residences averaging 1,225 kWh monthly, most residents should compare plans at the 1,000 or 2,000 kWh usage tiers to find accurate pricing for their consumption level.
Compare All PlansMARCH 29, 2026
TOP 6 LOWEST RATES IN MAGNOLIA
APGE
SimpleSaver 15
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
5%
4.5
4Change Energy
Maxx Saver Value 6
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
3%
4.8
APGE
SimpleSaver 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
5%
4.5
4Change Energy
Maxx Saver Value 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
3%
4.8
4Change Energy
Maxx Saver Value 24
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
3%
4.8
Discount Power
Bill Credit Bundle 24
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
20%
3.7
COMPARE ELECTRICITY PLANS
Compare electricity plans in Magnolia
Based on 77354 ZIP code. 119 plans available. Rates were updated at 07:32 AM CDT on March 29, 2026.
| Provider | Plan Details | Term | Monthly Bill | Rate per kWh | Action |
|---|---|---|---|---|---|
|
|
SimpleSaver 15 5%
4.5
|
Fixed Rate 15 months Fixed Rate 1000 kWh |
$75.90
Est. monthly bill |
1000 kWh
7.6¢
Price per kWh |
|
|
|
Maxx Saver Value 6 3%
4.8
|
Fixed Rate 6 months Fixed Rate 1000 kWh |
$76.00
Est. monthly bill |
1000 kWh
7.6¢
Price per kWh |
|
|
|
SimpleSaver 12 5%
4.5
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$76.00
Est. monthly bill |
1000 kWh
7.6¢
Price per kWh |
|
|
|
Maxx Saver Value 12 3%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$76.87
Est. monthly bill |
1000 kWh
7.7¢
Price per kWh |
|
|
|
Maxx Saver Value 24 3%
4.8
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$76.87
Est. monthly bill |
1000 kWh
7.7¢
Price per kWh |
|
|
|
Bill Credit Bundle 24 20%
3.7
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$76.87
Est. monthly bill |
1000 kWh
7.7¢
Price per kWh |
|
|
Bill Bonus 24 24%
4.0
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$76.87
Est. monthly bill |
1000 kWh
7.7¢
Price per kWh |
|
|
|
SimpleSaver 14 5%
4.5
|
Fixed Rate 14 months Fixed Rate 1000 kWh |
$77.00
Est. monthly bill |
1000 kWh
7.7¢
Price per kWh |
|
|
Frontier Saver Plus 12 30%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$77.79
Est. monthly bill |
1000 kWh
7.8¢
Price per kWh |
|
|
Gexa Eco Saver Plus 12 100%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$77.79
Est. monthly bill |
1000 kWh
7.8¢
Price per kWh |
|
|
Smart Choice – 12 31%
4.4
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$77.89
Est. monthly bill |
1000 kWh
7.8¢
Price per kWh |
|
|
|
Bill Credit Bundle 12 20%
3.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$77.87
Est. monthly bill |
1000 kWh
7.8¢
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 averaging 2,261 square feet, with typical usage around 1,225 kWh per month—residents at this usage level can expect rates near 9.8¢/kWh with plans like APGE SimpleSaver 15, translating to approximately $120 monthly. The area also has a notable apartment population (25% of housing) using significantly less at around 517 kWh monthly, where available plans run closer to 14.1¢/kWh or roughly $73 per month.
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 109 fixed-rate plans with locked pricing throughout the contract term. Rates start at 7.59¢/kWh, with an average of 15.23¢/kWh across available options.
Variable-rate plans
No month-to-month or variable-rate plans are currently available in Magnolia. Residents seeking flexible terms may need to consider short-term fixed contracts or check back for future availability.
Renewable energy
Magnolia offers 117 renewable plans, including 24 with 100% green energy. At an average of 15.46¢/kWh, renewable options cost just 0.03¢ more than the market average.
Prepaid plans
Two prepaid electricity plans are available in Magnolia, averaging 18.43¢/kWh. These no-deposit options let you pay in advance and monitor usage, though rates run above the market average.
Time-of-use plans
Eight time-of-use plans are available in Magnolia, averaging 18.21¢/kWh. These plans charge different rates based on demand periods, potentially benefiting households that can shift usage to off-peak hours.
Free nights & weekends
Free nights and weekends plans offer no-cost electricity during designated hours, which can benefit Magnolia households able to run air conditioning, laundry, and major appliances during those 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 + 4.9993¢/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 March 29th, 2026, the lowest electricity rate in Magnolia is APGE's SimpleSaver 15 at 7.59¢/kWh, significantly below the market average of 15.49¢/kWh. With 119 plans available, Magnolia residents have excellent options for finding competitive rates.
Magnolia's hot, humid Texas summers drive higher electricity usage for air conditioning, with typical single-family homes using around 1225 kWh monthly. Choosing a plan optimized for 2000 kWh usage helps residents manage costs during peak summer months when consumption increases substantially.
Since 58% of Magnolia housing consists of single-family homes averaging 1225 kWh monthly, residents should select plans in the 2000 kWh tier for optimal rates. With 117 green energy plans available at virtually no premium (-0.03¢), eco-friendly options are budget-friendly.
Switch from the market average of 15.49¢/kWh to competitive plans like APGE's SimpleSaver 15 at 7.59¢/kWh. For a typical 1225 kWh monthly usage, this could save approximately $97 per month. Compare all 119 available plans to maximize savings.
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