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 by 0.1¢ over the past 7 days for an average 1,000 kWh home, moving from 15.07¢ to 14.99¢ per kWh. Across Greater Houston, 113 plans are available, with rates ranging from 7.1¢ to 22.02¢. That spread reflects differences in term length and plan type. Small moves like this are worth watching, but no one has a crystal ball for rates.
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 live in a deregulated electricity market, which means you choose your retail electricity provider while your local utility continues to deliver power and maintain the lines. Right now 113 plans are available, including 106 fixed-rate plans, 111 renewable energy plans with 22 offering 100% green power, 5 time-of-use plans, and 2 prepaid options. Fixed-rate plans average 14.76¢ per kWh, and no variable-rate plans are offered. Since 58% of Magnolia homes are single-family houses using about 1,225 kWh per month, that usage tier should guide your comparisons, with rates measured against the 14.92¢ market average.
Compare All PlansOCTOBER 22, 2026
TOP 6 LOWEST RATES IN MAGNOLIA
APGE
SimpleSaver 9
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%
3.6
Discount Power
Bill Credit Bundle 24
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
20%
3.6
Cirro Energy
Bill Bonus 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
24%
4.0
Cirro Energy
Bill Bonus 24
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
24%
4.0
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 October 22, 2026.
| Provider | Plan Details | Term | Monthly Bill | Rate per kWh | Action |
|---|---|---|---|---|---|
|
|
SimpleSaver 9 5%
4.7
|
Fixed Rate 9 months Fixed Rate 1000 kWh |
$71.00
Est. monthly bill |
1000 kWh
7.1¢
Price per kWh |
|
|
|
SimpleSaver 12 5%
4.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$72.00
Est. monthly bill |
1000 kWh
7.2¢
Price per kWh |
|
|
|
Bill Credit Bundle 12 20%
3.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$72.66
Est. monthly bill |
1000 kWh
7.3¢
Price per kWh |
|
|
|
Bill Credit Bundle 24 20%
3.6
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$72.66
Est. monthly bill |
1000 kWh
7.3¢
Price per kWh |
|
|
|
Bill Bonus 12 24%
4.0
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$72.70
Est. monthly bill |
1000 kWh
7.3¢
Price per kWh |
|
|
|
Bill Bonus 24 24%
4.0
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$72.70
Est. monthly bill |
1000 kWh
7.3¢
Price per kWh |
|
|
Frontier Saver Plus 12 30%
4.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$72.83
Est. monthly bill |
1000 kWh
7.3¢
Price per kWh |
|
|
Gexa Saver Plus 12 30%
4.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$72.83
Est. monthly bill |
1000 kWh
7.3¢
Price per kWh |
|
|
|
Gexa Eco Saver Plus 12 100%
4.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$72.83
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 |
$72.92
Est. monthly bill |
1000 kWh
7.3¢
Price per kWh |
|
|
|
Maxx Saver Value 8 3%
4.9
|
Fixed Rate 8 months Fixed Rate 1000 kWh |
$73.20
Est. monthly bill |
1000 kWh
7.3¢
Price per kWh |
|
|
|
SimpleSaver 24 5%
4.7
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$78.00
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 dominant housing type is single-family homes, making up 58% of local housing with an estimated size of about 2,261 sq ft and typical usage near 1,225 kWh per month; at that level, APGE SimpleSaver 9 at 9.3¢/kWh comes to roughly $114 per month. For the 25% of residents in large apartment complexes (10+ units), estimated usage is about 517 kWh per month, where APGE Rent Simple Saver 9 at 12.1¢/kWh runs roughly $63 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 has 106 fixed-rate plans, with rates locking in for the contract term. Listed prices range from a low of 7.1¢/kWh to an average of 14.76¢/kWh, giving stable bills during the long, hot summers common in Montgomery County.
Variable-rate plans
Magnolia lists zero variable-rate or month-to-month plans, so no available option passes wholesale price swings directly to customers. Such plans would expose households to higher bills during Gulf Coast summer demand peaks.
Renewable energy
Of Magnolia's 111 renewable energy plans, 22 are 100% green, with an average rate of 14.9¢/kWh. The green premium is -0.02¢ against the market average, so renewable supply adds essentially no cost. Humid Magnolia summers make steady supply a practical consideration.
Prepaid plans
Magnolia has 2 prepaid plans averaging 19.51¢/kWh, above all other plan types in this market. Prepaid plans require payment before service use, which helps households track spending during Magnolia's air-conditioning-heavy summer months.
Time-of-use plans
Magnolia's 5 time-of-use plans average 16.41¢/kWh, pricing electricity differently by hour of day. Peak rates typically apply on weekday late afternoons, when Texas heat drives air conditioning demand and households use the most power.
Free nights & weekends
Free nights and weekends plans set specified hours at no per-kWh energy charge, rewarding households that move laundry, dishwashing, or EV charging into those windows. Magnolia households with flexible schedules can use these plans to offset summer cooling costs.
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 + 6.5333¢/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 Oct 22nd, 2026, the cheapest electricity rate in Magnolia is APGE's SimpleSaver 9 at 7.1¢/kWh, well below the market average of 14.92¢/kWh. With 113 plans available, comparing options can help you find the best fit for your household.
Magnolia's hot, humid summers push air conditioning use sharply higher, which often drives the largest share of residential electricity consumption. Because cooling demand peaks in July and August, bills can climb noticeably during those months. Choosing a plan with favorable summer rates can help manage costs.
Since single-family homes make up 58% of Magnolia housing and most use about 1225 kWh monthly, a 2000 kWh tier plan is recommended. With 111 of 113 plans offering green energy at just 0.02¢ above average, eco-friendly options are widely available.
Compare plans using the 113 options available, and consider switching to a lower-rate plan such as APGE's SimpleSaver 9 at 7.1¢/kWh. Raise your thermostat a few degrees in summer, use ceiling fans, and run appliances during off-peak hours to reduce kWh 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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