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, down 0.1¢ per kWh on average. That’s about a $1/month savings for a typical 1000 kWh home. With 113 plans available ranging from 5.89¢ to 22.07¢ per kWh, the market remains competitive. If you’ve been considering switching providers, a downward trend is typically a reasonable time to lock in a rate.
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 113 available plans across multiple providers. The market offers 106 fixed-rate plans averaging 13.89¢/kWh, with rates spanning 5.89¢ to 22.07¢ per kWh. Notably, 111 renewable energy options are available—including 19 that are 100% green—at virtually no 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 PlansAUGUST 23, 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
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%
3.7
Discount Power
Bill Credit Bundle 24
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
20%
3.7
Frontier Utilities
Frontier Saver Plus 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
30%
4.7
Gexa Energy
Gexa 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. 113 plans available. Rates were updated at 07:36 AM CDT on August 23, 2026.
| Provider | Plan Details | Term | Monthly Bill | Rate per kWh | Action |
|---|---|---|---|---|---|
|
|
SimpleSaver 10 5%
4.7
|
Fixed Rate 10 months Fixed Rate 1000 kWh |
$58.90
Est. monthly bill |
1000 kWh
5.9¢
Price per kWh |
|
|
|
SimpleSaver 12 5%
4.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$59.00
Est. monthly bill |
1000 kWh
5.9¢
Price per kWh |
|
|
|
Bill Credit Bundle 12 20%
3.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$60.22
Est. monthly bill |
1000 kWh
6.0¢
Price per kWh |
|
|
|
Bill Credit Bundle 24 20%
3.7
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$60.22
Est. monthly bill |
1000 kWh
6.0¢
Price per kWh |
|
|
|
Frontier Saver Plus 12 30%
4.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$60.31
Est. monthly bill |
1000 kWh
6.0¢
Price per kWh |
|
|
|
Gexa Saver Plus 12 30%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$60.31
Est. monthly bill |
1000 kWh
6.0¢
Price per kWh |
|
|
|
Gexa Eco Saver Plus 12 100%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$60.31
Est. monthly bill |
1000 kWh
6.0¢
Price per kWh |
|
|
Bill Bonus 12 24%
4.0
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$60.33
Est. monthly bill |
1000 kWh
6.0¢
Price per kWh |
|
|
|
Bill Bonus 24 24%
4.0
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$60.33
Est. monthly bill |
1000 kWh
6.0¢
Price per kWh |
|
|
Maxx Saver Value 12 3%
4.9
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$60.35
Est. monthly bill |
1000 kWh
6.0¢
Price per kWh |
|
|
Rhythm Max Saver 12 100%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$60.79
Est. monthly bill |
1000 kWh
6.1¢
Price per kWh |
|
|
The Lone Saver Plus 12 100%
4.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$60.79
Est. monthly bill |
1000 kWh
6.1¢
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 58%, averaging around 2,261 square feet and using approximately 1,225 kWh monthly—at this usage level, APGE's SimpleSaver 10 offers rates at 8.1¢/kWh (about $99/month). The area also has a notable apartment population (25% in buildings with 10+ units) averaging 517 kWh monthly, where the same provider's Rent Simple Saver 10 plan runs 11.7¢/kWh (around $60/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
106 fixed-rate plans available in Magnolia with rates from 5.89¢ to over 20¢ per kWh. Your rate stays constant throughout the contract term, typically 6-36 months, protecting against price fluctuations during hot Texas summers.
Variable-rate plans
No variable-rate plans currently available in Magnolia. These month-to-month plans typically allow rate changes based on market conditions and offer flexibility without long-term commitments or early termination fees.
Renewable energy
111 renewable plans available in Magnolia, including 19 that are 100% green energy. Average pricing at 14.03¢ per kWh is nearly identical to conventional plans, making clean energy accessible without premium costs.
Prepaid plans
2 prepaid electricity options in Magnolia averaging 18.26¢ per kWh. Pay for power before using it with no deposit or credit check required. Monitor usage daily to manage costs during Magnolia's warm climate months.
Time-of-use plans
5 time-of-use plans available in Magnolia at an average 15.74¢ per kWh. Rates vary by time of day, rewarding households that can shift air conditioning and major appliance usage to off-peak hours.
Free nights & weekends
Plans offering free electricity during specific nighttime or weekend hours. Beneficial for Magnolia households running air conditioning overnight or charging electric vehicles, though daytime rates are typically higher to offset 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 + 4.9811¢/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 August 23rd, 2026, the lowest electricity rate in Magnolia is APGE's SimpleSaver 10 at 5.89¢/kWh, significantly below the market average of 14.05¢/kWh. With 113 plans available, Magnolia residents have excellent options for competitive pricing and potential savings.
Magnolia's hot, humid Texas summers drive higher electricity usage, with typical single-family homes consuming around 1225 kWh monthly due to air conditioning demands. Choosing plans rated for 2000 kWh usage ensures you get the best rates during peak cooling months when consumption increases.
Since 58% of Magnolia housing consists of single-family homes with average usage around 1225 kWh monthly, residents should choose plans optimized for the 2000 kWh tier. This ensures competitive pricing that matches typical household consumption patterns in Magnolia's predominantly residential community.
Switch to a competitive rate like the 5.89¢/kWh SimpleSaver 10 plan instead of paying the 14.05¢/kWh market average. Additionally, consider one of Magnolia's 111 green energy plans, which cost virtually the same (just -0.02¢ premium) while supporting renewable energy.
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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