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 edged up 0.1¢ over the past 7 days, moving from a 14.84¢ weekly average to 14.96¢/kWh for an average 1,000 kWh home. That works out to roughly $1 more per month. Across the Greater Houston service territory, 116 plans currently range from 7.1¢ to 22.02¢ per kWh, so term length and plan type make a real difference. We’ll keep tracking the trend.
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
Texas deregulation lets Magnolia residents choose their own electricity provider and plan instead of receiving one by default. Currently 116 plans are available, priced from 7.1¢ to 22.02¢ per kWh with an average of 14.96¢. The mix includes 109 fixed-rate plans, 114 renewable options (22 of them 100% green), 5 time-of-use plans, and 2 prepaid plans, with no variable-rate plans offered. Because 58% of Magnolia homes are single-family residences using about 1,225 kWh per month, most households should compare plans at that usage level, since the per-kWh rate alone does not show total monthly cost.
Compare All PlansOCTOBER 24, 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. 116 plans available. Rates were updated at 07:32 AM CDT on October 24, 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
Single-family homes make up 58% of Magnolia's housing stock, with an estimated size of about 2,261 sq ft and typical usage near 1,225 kWh per month, where APGE's SimpleSaver 9 plan at 9.3¢/kWh works out to roughly $114 monthly. Large apartment complexes (10+ units), which account for about 25% of housing, typically use around 517 kWh per month, and at that level Just Energy's Simple Value – 24 plan at 11.7¢/kWh comes to roughly $61 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 109 fixed-rate plans, with the cheapest at 7.1¢/kWh and an average of 14.81¢/kWh. Rates stay constant for the contract term, which helps households plan budgets through hot summer months when air conditioning drives usage.
Variable-rate plans
No variable-rate or month-to-month plans are currently offered in Magnolia, so the listed average of 0¢/kWh reflects no listings. Residents wanting no-contract flexibility must choose among fixed-rate or prepaid options instead.
Renewable energy
Magnolia lists 114 renewable energy plans, 22 of which are 100% green, averaging 14.95¢/kWh. Green premium sits at -0.01¢ relative to the market average, so renewable pricing closely tracks conventional fixed-rate costs in this area.
Prepaid plans
Two prepaid plans are available in Magnolia, averaging 19.51¢/kWh, higher than any other plan type average in the market data. Service requires payment before usage, which may suit households wanting spending control during hot summer air conditioning demand.
Time-of-use plans
Five time-of-use plans in Magnolia average 16.41¢/kWh and vary prices by hour, with peak rates typically during late afternoon and evening. Households that shift laundry, dishwashing, or EV charging away from those hours can offset higher peak-period costs.
Free nights & weekends
Free nights and weekends plans set certain hours at no energy charge, with other hours billed at standard rates. Magnolia's summer heat often drives daytime cooling loads outside free windows, so savings depend on when air conditioning runs.
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 24th, 2026, the cheapest electricity rate in Magnolia is APGE's SimpleSaver 9 plan at 7.1¢/kWh, well below the market average of 14.96¢/kWh. With 116 plans available, comparing options can help you find savings that match your household's needs.
Magnolia's hot, humid summers drive heavy air conditioning use, which is typically the biggest factor in higher electricity costs. Mild winters add less demand, but heating still matters on cold snaps. Choosing a plan with a rate that suits summer usage can help keep bills steady year-round.
Single-family homes make up 58% of Magnolia housing, and most use around 1225 kWh monthly. A plan with a 2000 kWh tier fits this usage well. With 114 of 116 plans offering green energy at roughly 0.01¢ below average, you can choose clean power without paying a premium.
Start by comparing plans, since switching from the average 14.96¢/kWh to a lower rate like 7.1¢/kWh can cut costs significantly on roughly 1225 kWh monthly. Also, set your thermostat a few degrees higher in summer, use smart power strips, and run appliances during off-peak hours.
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.
Great choice!
