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 relatively stable over the past 7 days, with the average rate holding steady at 15.2¢/kWh. Residents have 118 plans to choose from, with rates ranging from 7.18¢ to 23.58¢ per kWh. The slight 0.1¢ decrease translates to about $1/month in savings for an average 1,000 kWh household—not dramatic, but a positive sign in a competitive Greater Houston market.
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 118 available plans across multiple providers. The market offers 109 fixed-rate plans averaging 15.0¢/kWh, with rates ranging from 7.18¢ to 23.58¢ per kWh. For the 58% of residents living in single-family homes, comparing plans at the 1,000-2,000 kWh usage tier is recommended. Renewable energy is widely accessible, with 116 green options available—23 offering 100% renewable energy at virtually no premium over conventional plans. Additional choices include 7 time-of-use plans and 2 prepaid options for flexible billing preferences.
Compare All PlansMAY 15, 2026
TOP 6 LOWEST RATES IN MAGNOLIA
APGE
SimpleSaver 14
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
5%
4.5
4Change Energy
Maxx Saver Value 8
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
3%
4.8
Just Energy
Smart Choice – 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
31%
4.5
APGE
SimpleSaver 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
5%
4.5
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
COMPARE ELECTRICITY PLANS
Compare electricity plans in Magnolia
Based on 77354 ZIP code. 118 plans available. Rates were updated at 07:32 AM CDT on May 15, 2026.
| Provider | Plan Details | Term | Monthly Bill | Rate per kWh | Action |
|---|---|---|---|---|---|
|
|
SimpleSaver 14 5%
4.5
|
Fixed Rate 14 months Fixed Rate 1000 kWh |
$71.80
Est. monthly bill |
1000 kWh
7.2¢
Price per kWh |
|
|
|
Maxx Saver Value 8 3%
4.8
|
Fixed Rate 8 months Fixed Rate 1000 kWh |
$71.89
Est. monthly bill |
1000 kWh
7.2¢
Price per kWh |
|
|
|
Smart Choice – 12 31%
4.5
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$72.89
Est. monthly bill |
1000 kWh
7.3¢
Price per kWh |
|
|
|
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 |
|
|
|
Maxx Saver Value 12 3%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$73.79
Est. monthly bill |
1000 kWh
7.4¢
Price per kWh |
|
|
|
Frontier Saver Plus 12 30%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$73.79
Est. monthly bill |
1000 kWh
7.4¢
Price per kWh |
|
|
Gexa Eco Saver Plus 12 100%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$73.79
Est. monthly bill |
1000 kWh
7.4¢
Price per kWh |
|
|
Bill Credit Bundle 24 20%
3.7
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$73.77
Est. monthly bill |
1000 kWh
7.4¢
Price per kWh |
|
|
Bill Bonus 24 24%
4.0
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$73.77
Est. monthly bill |
1000 kWh
7.4¢
Price per kWh |
|
|
|
SimpleSaver 24 5%
4.5
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$73.80
Est. monthly bill |
1000 kWh
7.4¢
Price per kWh |
|
|
|
Bill Credit Bundle 12 20%
3.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$74.87
Est. monthly bill |
1000 kWh
7.5¢
Price per kWh |
|
|
|
Bill Bonus 12 24%
4.0
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$74.87
Est. monthly bill |
1000 kWh
7.5¢
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, where the APGE SimpleSaver 14 plan offers rates at 9.4¢/kWh (approximately $115 monthly). About a quarter of residents live in larger apartment complexes with average consumption of 517 kWh monthly, for which the APGE Rent Simple Saver 14 plan provides 12.8¢/kWh rates (approximately $66 monthly).
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 residents can choose from 109 fixed-rate plans with locked pricing throughout the contract term. Rates start at 7.18¢/kWh, with an average of 15.0¢/kWh across available options.
Variable-rate plans
No variable-rate or month-to-month plans are currently available in Magnolia. Residents seeking flexible contract terms may need to consider fixed-rate plans with shorter durations instead.
Renewable energy
Magnolia offers 116 renewable energy plans, including 23 with 100% green energy content. These plans average 15.19¢/kWh, just 0.01¢ below the market average, making green energy competitively priced locally.
Prepaid plans
Two prepaid electricity options are available in Magnolia, averaging 18.03¢/kWh. These plans allow payment before usage without credit checks or deposits, though rates run higher than fixed-rate alternatives.
Time-of-use plans
Seven time-of-use plans are available in Magnolia, averaging 17.66¢/kWh. These plans offer variable pricing based on demand periods, potentially benefiting households able to shift usage to off-peak hours.
Free nights & weekends
Plans offering free electricity during nights or weekends can benefit Magnolia households running air conditioning overnight during humid summers or shifting major appliance usage to off-peak periods for savings.
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 May 15th, 2026, the lowest electricity rate in Magnolia is APGE's SimpleSaver 14 at 7.18¢/kWh, significantly below the market average of 15.2¢/kWh. With 118 plans available, Magnolia residents have excellent options for competitive pricing.
Magnolia's hot, humid Texas summers significantly increase cooling costs, with typical single-family homes using approximately 1,225 kWh monthly. Peak summer usage can drive bills higher, making it essential to choose plans optimized for 2000 kWh usage to capture the best rates.
Since 58% of Magnolia housing consists of single-family homes averaging 1,225 kWh monthly, residents should select plans optimized for the 2000 kWh tier. This ensures the best rate structure for typical consumption patterns in larger homes with air conditioning needs.
Compare all 118 available plans to find rates below the 15.2¢/kWh market average. Consider the 116 green energy plans available, which cost essentially the same as traditional options at just 0.01¢ below average, offering savings without premium pricing.
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!
