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 15.26¢/kWh for an average 1,000 kWh home. The market shows 120 available plans ranging from 7.3¢ to 23.58¢ per kWh. Stability is generally positive for consumers, though we continue monitoring trends to catch any shifts 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 120 available plans across multiple providers. The market offers 111 fixed-rate plans averaging 15.05¢/kWh, with rates spanning 7.3¢ to 23.58¢ per kWh. Since 58% of Magnolia homes are single-family residences averaging 1,225 kWh monthly, most residents should compare plans at the 1000 or 2000 kWh usage tiers for accurate pricing. Notably, 118 renewable energy options are available—23 offering 100% green energy—with virtually no price premium over conventional plans. Time-of-use and prepaid plans provide additional alternatives for specific household needs.
Compare All PlansAPRIL 15, 2026
TOP 6 LOWEST RATES IN MAGNOLIA
APGE
SimpleSaver 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
5%
4.5
APGE
SimpleSaver 15
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
5%
4.5
Just Energy
Smart Choice – 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
31%
4.4
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
Gexa Energy
Gexa Eco Saver Plus 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
100%
4.8
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 April 15, 2026.
| Provider | Plan Details | Term | Monthly Bill | Rate per kWh | Action |
|---|---|---|---|---|---|
|
|
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 |
|
|
|
SimpleSaver 15 5%
4.5
|
Fixed Rate 15 months Fixed Rate 1000 kWh |
$73.00
Est. monthly bill |
1000 kWh
7.3¢
Price per kWh |
|
|
|
Smart Choice – 12 31%
4.4
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$73.89
Est. monthly bill |
1000 kWh
7.4¢
Price per kWh |
|
|
|
Maxx Saver Value 12 3%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$74.79
Est. monthly bill |
1000 kWh
7.5¢
Price per kWh |
|
|
|
Frontier Saver Plus 12 30%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$74.79
Est. monthly bill |
1000 kWh
7.5¢
Price per kWh |
|
|
|
Gexa Eco Saver Plus 12 100%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$74.79
Est. monthly bill |
1000 kWh
7.5¢
Price per kWh |
|
|
Bill Credit Bundle 24 20%
3.6
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$74.87
Est. monthly bill |
1000 kWh
7.5¢
Price per kWh |
|
|
Bill Bonus 24 24%
4.0
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$74.87
Est. monthly bill |
1000 kWh
7.5¢
Price per kWh |
|
|
|
SimpleSaver 24 5%
4.5
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$75.00
Est. monthly bill |
1000 kWh
7.5¢
Price per kWh |
|
|
|
Bill Credit Bundle 12 20%
3.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$75.87
Est. monthly bill |
1000 kWh
7.6¢
Price per kWh |
|
|
|
Bill Bonus 12 24%
4.0
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$75.87
Est. monthly bill |
1000 kWh
7.6¢
Price per kWh |
|
|
|
Maxx Saver Value 6 3%
4.8
|
Fixed Rate 6 months Fixed Rate 1000 kWh |
$76.00
Est. monthly bill |
1000 kWh
7.6¢
Price per kWh |
ELECTRICITY RATES BY HOUSING IN MAGNOLIA
Find the right plan for your home
Magnolia's housing is predominantly single-family homes averaging 2,261 square feet with estimated monthly usage around 1,225 kWh, where APGE's SimpleSaver 12 currently offers the lowest rate at 9.5¢/kWh (~$116/month). About a quarter of residents live in larger apartment complexes with significantly lower consumption around 517 kWh/month, for which Energy Texas's Texas Bright 12 provides the best value at 13.6¢/kWh (~$70/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 your electricity rate for the contract term. Magnolia residents can choose from 111 fixed-rate plans, with rates starting at 7.3¢/kWh and averaging 15.05¢/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 the market offers 120 other plan options for residents.
Renewable energy
Power your home with wind and solar energy. Magnolia offers 118 renewable plans, including 23 that are 100% green. Average pricing is 15.24¢/kWh, just 0.02¢ above the market average.
Prepaid plans
Pay for electricity before you use it, with no deposit or credit check required. Two prepaid options are available in Magnolia, averaging 17.88¢/kWh for residents seeking flexible payment arrangements.
Time-of-use plans
Rates vary by time of day, rewarding off-peak usage. Seven time-of-use plans are available in Magnolia at an average of 17.87¢/kWh, beneficial for those with flexible electricity consumption schedules.
Free nights & weekends
Free electricity during specific overnight hours or weekend periods, with higher rates during peak times. These plans suit Magnolia households that can shift significant usage to qualifying 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 + 4.9993¢/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 April 15th, 2026, the lowest electricity rate in Magnolia is APGE's SimpleSaver 12 at 7.3¢/kWh, significantly below the market average of 15.26¢/kWh. With 120 plans available, residents can save substantially by comparing options.
Magnolia's hot, humid summers significantly increase cooling costs, with typical single-family homes using approximately 1,225 kWh monthly. Air conditioning often comprises 50-60% of summer bills. Choosing plans with competitive rates at higher usage tiers helps offset seasonal spikes.
Since 58% of Magnolia housing consists of single-family homes averaging 1,225 kWh monthly, residents should choose plans optimized for the 2000 kWh tier. This ensures the best rates during peak summer months when usage increases substantially.
Compare all 120 available plans to find rates near 7.3¢/kWh rather than paying the 15.26¢/kWh average. Consider the 118 green energy plans available, which cost virtually the same (-0.02¢ premium) while supporting renewable energy.
Great choice!
