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 around 15¢/kWh for average usage. With 120 plans available in the Greater Houston service territory and rates spanning from 6.8¢ to 23.58¢ per kWh, the market offers options across different term lengths and plan types. Stability is generally favorable for consumers comparing options.
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 over 120 plans across multiple providers. The market offers 113 fixed-rate plans averaging 14.84¢/kWh, with rates spanning 6.8¢ to 23.58¢ per kWh. Notably, 118 renewable energy options are available—including 25 that are 100% green—with essentially no price premium over conventional plans. 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 levels to find accurate pricing for their consumption patterns.
Compare All PlansJUNE 16, 2026
TOP 6 LOWEST RATES IN MAGNOLIA
APGE
SimpleSaver 13
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
5%
4.6
APGE
SimpleSaver 12
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
4Change Energy
Maxx Saver Value 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
3%
4.9
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. 120 plans available. Rates were updated at 07:36 AM CDT on June 16, 2026.
| Provider | Plan Details | Term | Monthly Bill | Rate per kWh | Action |
|---|---|---|---|---|---|
|
|
SimpleSaver 13 5%
4.6
|
Fixed Rate 13 months Fixed Rate 1000 kWh |
$68.00
Est. monthly bill |
1000 kWh
6.8¢
Price per kWh |
|
|
|
SimpleSaver 12 5%
4.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$72.00
Est. monthly bill |
1000 kWh
7.2¢
Price per kWh |
|
|
|
Maxx Saver Value 8 3%
4.9
|
Fixed Rate 8 months Fixed Rate 1000 kWh |
$73.36
Est. monthly bill |
1000 kWh
7.3¢
Price per kWh |
|
|
|
Maxx Saver Value 12 3%
4.9
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$73.40
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 |
$73.71
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 |
$73.71
Est. monthly bill |
1000 kWh
7.4¢
Price per kWh |
|
|
|
SimpleSaver 8 5%
4.6
|
Fixed Rate 8 months Fixed Rate 1000 kWh |
$74.00
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 |
$74.36
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 |
$74.36
Est. monthly bill |
1000 kWh
7.4¢
Price per kWh |
|
|
Bill Credit Bundle 24 20%
3.6
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$74.77
Est. monthly bill |
1000 kWh
7.5¢
Price per kWh |
|
|
Bill Bonus 24 24%
4.0
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$74.77
Est. monthly bill |
1000 kWh
7.5¢
Price per kWh |
|
|
|
Maxx Saver Value 24 3%
4.9
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$75.00
Est. monthly bill |
1000 kWh
7.5¢
Price per kWh |
ELECTRICITY RATES BY HOUSING IN MAGNOLIA
Find the right plan for your home
Most Magnolia residents live in single-family homes averaging 2,261 square feet with typical usage around 1,225 kWh per month, where APGE's SimpleSaver 13 currently offers the lowest rate at 9.0¢/kWh (approximately $110/month). About a quarter of residents live in larger apartment complexes with average usage near 517 kWh monthly, where the same provider's Rent Simple Saver 13 plan is most competitive at 12.8¢/kWh (approximately $66/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
Lock in a consistent rate for your contract term. Magnolia residents can choose from 113 fixed-rate plans, with rates starting at 6.8¢/kWh and averaging 14.84¢/kWh across available options.
Variable-rate plans
Month-to-month plans with rates that fluctuate based on market conditions. Currently, no variable-rate plans are available in Magnolia, though this changes as providers update their offerings throughout the year.
Renewable energy
Power sourced from wind and solar resources. Magnolia has 118 renewable plans available, including 25 that are 100% green energy. These average 15.03¢/kWh, essentially matching conventional plan pricing.
Prepaid plans
Pay for electricity before using it, with no deposit or credit check required. Two prepaid options serve Magnolia at an average of 19.08¢/kWh, offering flexibility for those preferring pay-as-you-go service.
Time-of-use plans
Rates vary by time of day, rewarding off-peak usage. Five time-of-use plans are available in Magnolia at an average of 18.15¢/kWh, beneficial for households that can shift consumption away from peak hours.
Free nights & weekends
No electricity charges during designated off-peak periods, though daytime rates are higher. These plans suit Magnolia households running AC overnight during hot Texas summers or charging EVs during free hours.
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 June 16th, 2026, the lowest electricity rate available in Magnolia is APGE's SimpleSaver 13 at 6.8¢/kWh. This is significantly below the market average of 15.05¢/kWh, offering substantial savings for residents who choose this plan from among 120 available options.
Magnolia's hot, humid summers significantly increase cooling costs, with typical single-family homes using approximately 1,225 kWh monthly. High summer usage can push bills higher, making it essential to choose competitive rates. The market average of 15.05¢/kWh means managing consumption during peak cooling months is crucial.
Since 58% of Magnolia housing consists of single-family homes averaging 1,225 kWh monthly, residents should select plans optimized for the 2000 kWh tier. This ensures the best rates for typical usage. With 118 green energy plans available at virtually no premium (-0.02¢), eco-friendly options are highly affordable.
Compare all 120 available plans to find rates like APGE's 6.8¢/kWh option, which saves significantly versus the 15.05¢/kWh average. Install a programmable thermostat, improve insulation, and consider green energy plans that cost essentially the same as conventional options while reducing environmental impact.
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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