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 remained stable over the past 7 days, holding steady at 15.17¢/kWh on average. The market shows healthy competition with 120 available plans ranging from 7.18¢ to 23.58¢ per kWh. Stability can be a good time to compare options, though we’re continuously monitoring trends to catch any movement early.
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 multiple retail providers rather than being assigned one utility. Currently, 120 plans are available with rates ranging from 7.18¢ to 23.58¢ per kWh. The market offers 111 fixed-rate plans and 118 renewable energy options, including 23 that are 100% green energy. Since 58% of Magnolia homes are single-family residences averaging around 1,225 kWh monthly, most residents should compare plans at the 1,000 or 2,000 kWh usage levels to find accurate pricing for their consumption patterns.
Compare All PlansMAY 02, 2026
TOP 6 LOWEST RATES IN MAGNOLIA
APGE
SimpleSaver 14
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
5%
4.5
4Change Energy
Maxx Saver Value 8
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
3%
4.8
Just Energy
Smart Choice – 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
31%
4.5
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
Frontier Utilities
Frontier Saver Plus 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
30%
4.8
COMPARE ELECTRICITY PLANS
Compare electricity plans in Magnolia
Based on 77354 ZIP code. 120 plans available. Rates were updated at 07:34 AM CDT on May 02, 2026.
| Provider | Plan Details | Term | Monthly Bill | Rate per kWh | Action |
|---|---|---|---|---|---|
|
|
SimpleSaver 14 5%
4.5
|
Fixed Rate 14 months Fixed Rate 1000 kWh |
$71.80
Est. monthly bill |
1000 kWh
7.2¢
Price per kWh |
|
|
|
Maxx Saver Value 8 3%
4.8
|
Fixed Rate 8 months Fixed Rate 1000 kWh |
$71.89
Est. monthly bill |
1000 kWh
7.2¢
Price per kWh |
|
|
|
Smart Choice – 12 31%
4.5
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$72.89
Est. monthly bill |
1000 kWh
7.3¢
Price per kWh |
|
|
|
SimpleSaver 12 5%
4.5
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$73.00
Est. monthly bill |
1000 kWh
7.3¢
Price per kWh |
|
|
|
Maxx Saver Value 12 3%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$73.79
Est. monthly bill |
1000 kWh
7.4¢
Price per kWh |
|
|
|
Frontier Saver Plus 12 30%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$73.79
Est. monthly bill |
1000 kWh
7.4¢
Price per kWh |
|
|
Gexa Eco Saver Plus 12 100%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$73.79
Est. monthly bill |
1000 kWh
7.4¢
Price per kWh |
|
|
Bill Credit Bundle 24 20%
3.7
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$73.77
Est. monthly bill |
1000 kWh
7.4¢
Price per kWh |
|
|
Bill Bonus 24 24%
4.0
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$73.77
Est. monthly bill |
1000 kWh
7.4¢
Price per kWh |
|
|
|
SimpleSaver 24 5%
4.5
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$73.80
Est. monthly bill |
1000 kWh
7.4¢
Price per kWh |
|
|
|
Bill Credit Bundle 12 20%
3.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$74.87
Est. monthly bill |
1000 kWh
7.5¢
Price per kWh |
|
|
|
Bill Bonus 12 24%
4.0
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$74.87
Est. monthly bill |
1000 kWh
7.5¢
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, which typically use around 1,225 kWh monthly. At that usage level, APGE's SimpleSaver 14 plan offers rates at 9.4¢/kWh, resulting in approximately $115 per month. The area's apartment residents (25% of housing) use considerably less at around 517 kWh monthly, where the same provider's Rent Simple Saver 14 plan runs about $68/month at 13.2¢/kWh.
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 111 fixed-rate plans with rates locked for your contract term. Prices range from 7.18¢/kWh to above 14.96¢/kWh average, protecting against summer heat-driven price fluctuations.
Variable-rate plans
No variable-rate plans are currently available in Magnolia. These month-to-month options typically fluctuate with wholesale energy costs and don't require long-term commitments, but availability changes based on market conditions.
Renewable energy
Magnolia offers 118 renewable plans, including 23 options with 100% green energy at an average 15.15¢/kWh. The green premium is effectively zero, running just 0.02¢ below the market average rate.
Prepaid plans
Two prepaid electricity options are available in Magnolia, averaging 18.03¢/kWh. These pay-as-you-go plans don't require credit checks or deposits, though rates run higher than standard fixed contracts in the area.
Time-of-use plans
Seven time-of-use plans average 17.66¢/kWh in Magnolia. These rate structures charge different prices by hour, potentially benefiting households that can shift air conditioning and major appliance use to off-peak times.
Free nights & weekends
Free electricity during nights or weekends may benefit Magnolia households running air conditioning overnight in summer or charging electric vehicles. Daytime rates are typically higher to offset the free usage 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 May 2nd, 2026, the lowest electricity rate available in Magnolia is APGE's SimpleSaver 14 plan at 7.18¢/kWh. This rate is significantly below the market average of 15.17¢/kWh, with 120 total plans currently available to Magnolia residents.
Magnolia's hot, humid Texas summers significantly increase cooling costs, with typical single-family homes using around 1225 kWh monthly. Air conditioning can account for the majority of summer usage, making it essential to choose competitive rates and energy-efficient cooling practices during peak seasons.
Since 58% of Magnolia housing consists of single-family homes averaging 1225 kWh monthly usage, residents should select plans optimized for the 2000 kWh tier. This ensures the best rate match for typical consumption patterns and maximizes savings opportunities.
Switch to competitive rates like the 7.18¢/kWh plans available versus the 15.17¢/kWh average. Consider green energy plans, which cost only 0.02¢ more than average with 118 options available. Optimize your thermostat settings during Magnolia's hot summers to reduce consumption.
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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