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 increased slightly over the past 7 days, with the average rate climbing 0.2¢ to 14.88¢/kWh. That’s about a $2/month increase for a typical 1,000 kWh home. With 122 plans available ranging from 6.24¢ to 23.58¢ per kWh, there’s still decent variety in the market, though the upward movement is worth monitoring.
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 122 retail plans across multiple providers. Currently, rates range from 6.24¢ to 23.58¢ per kWh, with an average of 14.88¢/kWh. The market offers 114 fixed-rate plans and 120 renewable energy options, including 24 that are 100% green. Since 58% of Magnolia homes are single-family properties 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 PlansJULY 19, 2026
TOP 6 LOWEST RATES IN MAGNOLIA
Just Energy
Smart Choice – 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
31%
4.5
APGE
SimpleSaver 11
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 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
3%
4.9
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. 122 plans available. Rates were updated at 07:32 AM CDT on July 19, 2026.
| Provider | Plan Details | Term | Monthly Bill | Rate per kWh | Action |
|---|---|---|---|---|---|
|
|
Smart Choice – 12 31%
4.5
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$62.36
Est. monthly bill |
1000 kWh
6.2¢
Price per kWh |
|
|
|
SimpleSaver 11 5%
4.6
|
Fixed Rate 11 months Fixed Rate 1000 kWh |
$64.00
Est. monthly bill |
1000 kWh
6.4¢
Price per kWh |
|
|
|
SimpleSaver 12 5%
4.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$65.00
Est. monthly bill |
1000 kWh
6.5¢
Price per kWh |
|
|
|
Maxx Saver Value 12 3%
4.9
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$69.40
Est. monthly bill |
1000 kWh
6.9¢
Price per kWh |
|
|
|
Frontier Saver Plus 12 30%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$69.40
Est. monthly bill |
1000 kWh
6.9¢
Price per kWh |
|
|
|
Gexa Eco Saver Plus 12 100%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$69.40
Est. monthly bill |
1000 kWh
6.9¢
Price per kWh |
|
|
Bill Credit Bundle 12 20%
3.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$69.87
Est. monthly bill |
1000 kWh
7.0¢
Price per kWh |
|
|
Bill Bonus 12 24%
4.0
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$69.87
Est. monthly bill |
1000 kWh
7.0¢
Price per kWh |
|
|
Rhythm Max Saver 12 100%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$70.02
Est. monthly bill |
1000 kWh
7.0¢
Price per kWh |
|
|
The Lone Saver Plus 12 100%
4.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$70.02
Est. monthly bill |
1000 kWh
7.0¢
Price per kWh |
|
|
|
Bill Credit Bundle 24 20%
3.6
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$70.87
Est. monthly bill |
1000 kWh
7.1¢
Price per kWh |
|
|
|
Bill Bonus 24 24%
4.0
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$70.87
Est. monthly bill |
1000 kWh
7.1¢
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 typical usage around 1,225 kWh per month—residents at this usage level can access rates around 8.4¢/kWh with plans like Just Energy's Smart Choice – 12, translating to approximately $103 monthly. The area also has a notable apartment population (25% of housing), where lower usage around 517 kWh/month qualifies for plans like APGE's Rent Simple Saver 11 at 12.2¢/kWh, or about $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
114 fixed-rate plans available in Magnolia with prices starting at 6.24¢/kWh and averaging 14.65¢/kWh. Your rate remains locked for the contract term, protecting against market fluctuations during hot Texas summers.
Variable-rate plans
No variable-rate plans are currently available in Magnolia. These month-to-month plans typically allow rate changes based on market conditions and offer flexibility without long-term contracts or early termination fees.
Renewable energy
120 renewable plans available in Magnolia, including 24 options with 100% green energy. At an average of 14.84¢/kWh, renewable plans cost just 0.04¢ more than conventional electricity in this market.
Prepaid plans
2 prepaid electricity options available in Magnolia, averaging 18.73¢/kWh. You pay for power before using it, with no credit checks or deposits required. Monitor usage closely during humid summer months.
Time-of-use plans
6 time-of-use plans available at an average of 17.83¢/kWh. Rates vary by time of day, potentially saving money if you shift air conditioning and major appliance use to off-peak hours.
Free nights & weekends
Plans offering no-cost electricity during specific hours, typically nights or weekends. Beneficial for Magnolia residents who can shift heavy consumption like EV charging or pool pumps to 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 + 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 July 19th, 2026, the lowest electricity rate in Magnolia is Just Energy's Smart Choice – 12 plan at 6.24¢/kWh. This is significantly below the market average of 14.88¢/kWh, with 122 total plans currently available to residents.
Magnolia's hot, humid summers significantly increase electricity usage for air conditioning. With most single-family homes using approximately 1,225 kWh monthly, cooling costs can spike during peak summer months. Choosing competitive rates below the 14.88¢/kWh market average helps manage seasonal expenses.
Since 58% of Magnolia housing consists of single-family homes with estimated monthly usage around 1,225 kWh, residents should consider 2000 kWh tier plans for optimal rates. With 120 green energy plans available at virtually no premium (-0.04¢ above average), eco-friendly options are highly accessible.
Compare among 122 available plans to find rates well below the 14.88¢/kWh average. Consider switching to providers like Just Energy offering rates as low as 6.24¢/kWh. Install programmable thermostats and improve insulation to reduce your home's typical 1,225 kWh monthly 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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