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 0.1¢ to 14.78¢/kWh. That translates to about a $1/month savings for a typical home using 1,000 kWh. With 122 plans available ranging from 6.24¢ to 23.58¢ per kWh, the market remains competitive. While we can’t predict future movements, stable-to-declining rates are generally favorable for switching.
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 122 available plans ranging from 6.24¢ to 23.58¢ per kWh. The market offers 114 fixed-rate plans and 120 renewable energy options, with 24 plans providing 100% green energy. Since 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. Additionally, 6 time-of-use plans and 2 prepaid options provide alternatives to standard billing structures, giving households flexibility to match their consumption patterns and preferences.
Compare All PlansJULY 25, 2026
TOP 6 LOWEST RATES IN MAGNOLIA
Just Energy
Smart Choice – 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
31%
4.5
APGE
SimpleSaver 11
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
5%
4.6
4Change Energy
Maxx Saver Value 8
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%
4.6
Rhythm Energy
Rhythm Max Saver 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
100%
4.8
Energy Texas
The Lone Saver Plus 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
100%
4.6
COMPARE ELECTRICITY PLANS
Compare electricity plans in Magnolia
Based on 77354 ZIP code. 122 plans available. Rates were updated at 07:32 AM CDT on July 25, 2026.
| Provider | Plan Details | Term | Monthly Bill | Rate per kWh | Action |
|---|---|---|---|---|---|
|
|
Smart Choice – 12 31%
4.5
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$62.36
Est. monthly bill |
1000 kWh
6.2¢
Price per kWh |
|
|
|
SimpleSaver 11 5%
4.6
|
Fixed Rate 11 months Fixed Rate 1000 kWh |
$64.00
Est. monthly bill |
1000 kWh
6.4¢
Price per kWh |
|
|
|
Maxx Saver Value 8 3%
4.9
|
Fixed Rate 8 months Fixed Rate 1000 kWh |
$65.00
Est. monthly bill |
1000 kWh
6.5¢
Price per kWh |
|
|
|
SimpleSaver 12 5%
4.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$65.00
Est. monthly bill |
1000 kWh
6.5¢
Price per kWh |
|
|
|
Rhythm Max Saver 12 100%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$65.98
Est. monthly bill |
1000 kWh
6.6¢
Price per kWh |
|
|
|
The Lone Saver Plus 12 100%
4.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$65.98
Est. monthly bill |
1000 kWh
6.6¢
Price per kWh |
|
|
|
Maxx Saver Value 12 3%
4.9
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$66.40
Est. monthly bill |
1000 kWh
6.6¢
Price per kWh |
|
|
Frontier Saver Plus 12 30%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$67.80
Est. monthly bill |
1000 kWh
6.8¢
Price per kWh |
|
|
Gexa Eco Saver Plus 12 100%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$67.80
Est. monthly bill |
1000 kWh
6.8¢
Price per kWh |
|
|
Bill Credit Bundle 12 20%
3.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$67.87
Est. monthly bill |
1000 kWh
6.8¢
Price per kWh |
|
|
|
Bill Credit Bundle 24 20%
3.6
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$67.87
Est. monthly bill |
1000 kWh
6.8¢
Price per kWh |
|
|
Bill Bonus 12 24%
4.0
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$67.87
Est. monthly bill |
1000 kWh
6.8¢
Price per kWh |
ELECTRICITY RATES BY HOUSING IN MAGNOLIA
Find the right plan for your home
Magnolia's housing is predominantly single-family homes at an estimated 2,261 square feet, with typical usage around 1,225 kWh monthly. At this usage level, Just Energy's Smart Choice – 12 plan offers rates at 8.4¢/kWh, resulting in approximately $103 monthly. The area's large apartment complexes (25% of housing) use significantly less at around 517 kWh monthly, where APGE's Rent Simple Saver 11 at 12.1¢/kWh costs about $63 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 114 fixed-rate plans with locked pricing throughout the contract term. Rates start at 6.24¢/kWh, with the market average at 14.55¢/kWh. These plans protect against price fluctuations during hot Texas summers.
Variable-rate plans
No variable-rate or month-to-month plans are currently available in Magnolia. These plans typically offer flexible terms without early termination fees, but pricing changes monthly based on market conditions and wholesale electricity costs.
Renewable energy
Magnolia has 120 renewable energy plans available, including 24 options with 100% green energy. The average rate is 14.75¢/kWh, just 0.03¢ above the market average, making clean energy accessible for environmentally conscious residents.
Prepaid plans
Two prepaid electricity options are available in Magnolia at an average rate of 18.73¢/kWh. These plans require no credit check or deposit, with customers paying for electricity before use and monitoring consumption in real-time.
Time-of-use plans
Six time-of-use plans are offered in Magnolia, averaging 17.83¢/kWh. These plans charge different rates based on the time of day, potentially benefiting households that can shift air conditioning and major appliance use to off-peak hours.
Free nights & weekends
Free nights and weekends plans offer no-cost electricity during specific hours, typically evenings and weekends. These plans suit Magnolia households with flexible schedules who can run appliances, charge vehicles, and cool homes during free 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 + 5.1461¢/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 July 25th, 2026, the lowest electricity rate in Magnolia is Just Energy's Smart Choice – 12 plan at 6.24¢/kWh. This is significantly below the market average of 14.78¢/kWh, with 122 total plans available for comparison.
Magnolia's hot, humid summers significantly increase cooling costs, with typical homes using around 1225 kWh monthly. Air conditioning drives peak usage during summer months, making it essential to compare rates among the 122 available plans to minimize expenses during high-consumption periods.
Since 58% of Magnolia housing consists of single-family homes averaging 1225 kWh monthly usage, residents should choose plans in the 2000 kWh tier for optimal rates. With 120 green energy plans available at virtually no premium (-0.03¢), eco-friendly options are highly accessible.
Switch to competitive plans like Just Energy's 6.24¢/kWh rate instead of paying the 14.78¢ average. Improve home insulation, use programmable thermostats, and consider green energy plans that cost essentially the same as traditional options in Magnolia's competitive market.
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.
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