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 slightly over the past 7 days, down 0.1¢ per kWh on average. That translates to about $1/month in savings for a typical 1000 kWh home. With 111 plans available ranging from 7.0¢ to 21.9¢ per kWh, the market remains competitive and stable for now.
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 111 available plans across multiple providers. The market offers 105 fixed-rate plans averaging 14.96¢/kWh, with rates spanning 7.0¢ to 21.9¢ per kWh. Notably, 109 renewable energy options are available, including 20 plans offering 100% green energy at virtually no premium over conventional plans. With 58% of Magnolia homes being single-family residences averaging 1,225 kWh monthly, most residents should compare plans at the 1,000 or 2,000 kWh usage tiers. Additional options include 2 prepaid plans and 4 time-of-use plans for flexible energy management.
Compare All PlansSEPTEMBER 11, 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
Frontier Utilities
Frontier Saver Plus 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
30%
4.7
Gexa Energy
Gexa Saver Plus 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
30%
4.7
Gexa Energy
Gexa Eco Saver Plus 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
100%
4.7
4Change Energy
Maxx Saver Value 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
3%
4.9
COMPARE ELECTRICITY PLANS
Compare electricity plans in Magnolia
Based on 77354 ZIP code. 111 plans available. Rates were updated at 07:33 AM CDT on September 11, 2026.
| Provider | Plan Details | Term | Monthly Bill | Rate per kWh | Action |
|---|---|---|---|---|---|
|
|
SimpleSaver 9 5%
4.7
|
Fixed Rate 9 months Fixed Rate 1000 kWh |
$70.00
Est. monthly bill |
1000 kWh
7.0¢
Price per kWh |
|
|
|
SimpleSaver 12 5%
4.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$71.00
Est. monthly bill |
1000 kWh
7.1¢
Price per kWh |
|
|
|
Frontier Saver Plus 12 30%
4.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$71.93
Est. monthly bill |
1000 kWh
7.2¢
Price per kWh |
|
|
|
Gexa Saver Plus 12 30%
4.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$71.93
Est. monthly bill |
1000 kWh
7.2¢
Price per kWh |
|
|
|
Gexa Eco Saver Plus 12 100%
4.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$71.93
Est. monthly bill |
1000 kWh
7.2¢
Price per kWh |
|
|
|
Maxx Saver Value 12 3%
4.9
|
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 |
$72.83
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 |
$72.83
Est. monthly bill |
1000 kWh
7.3¢
Price per kWh |
|
|
Bill Bonus 12 24%
4.0
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$72.98
Est. monthly bill |
1000 kWh
7.3¢
Price per kWh |
|
|
|
Bill Bonus 24 24%
4.0
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$72.98
Est. monthly bill |
1000 kWh
7.3¢
Price per kWh |
|
|
Rhythm Max Saver 12 100%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$74.31
Est. monthly bill |
1000 kWh
7.4¢
Price per kWh |
|
|
The Lone Saver Plus 12 100%
4.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$74.31
Est. monthly bill |
1000 kWh
7.4¢
Price per kWh |
ELECTRICITY RATES BY HOUSING IN MAGNOLIA
Find the right plan for your home
Most Magnolia residents live in single-family homes averaging 2,261 square feet with typical usage around 1,225 kWh per month, where APGE's SimpleSaver 9 currently offers the lowest rate at 9.2¢/kWh (approximately $113 monthly). About a quarter of residents live in larger apartment complexes with significantly lower usage around 517 kWh per month, where the same provider's Rent Simple Saver 9 plan prices at 12.7¢/kWh (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
Lock in your electricity rate for the contract term. Magnolia residents have 105 fixed-rate options available, with rates starting at 7.0¢/kWh and averaging 14.96¢/kWh across all term lengths.
Variable-rate plans
No variable-rate plans are currently available in Magnolia. These month-to-month plans typically fluctuate with wholesale energy costs and don't require long-term contracts. Check back for availability updates.
Renewable energy
Magnolia offers 109 renewable energy plans, including 20 with 100% green energy content. These plans average 15.04¢/kWh, just 0.01¢ below the market average, making clean energy competitively priced.
Prepaid plans
Pay for electricity before you use it with no deposit or credit check required. Two prepaid options are available in Magnolia, averaging 19.09¢/kWh. Monitor usage in real-time through your provider's app.
Time-of-use plans
Four time-of-use plans are available in Magnolia, averaging 15.47¢/kWh. These plans charge different rates based on daily demand periods, rewarding residents who shift usage away from peak afternoon hours.
Free nights & weekends
Run air conditioning and appliances during free-usage periods to maximize savings during Magnolia's hot summers. These plans charge higher daytime rates but offer no-cost electricity during designated off-peak hours.
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 + 6.413¢/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 September 11th, 2026, the lowest electricity rate available in Magnolia is APGE's SimpleSaver 9 at 7.0¢/kWh. This is significantly below the market average of 15.05¢/kWh, offering substantial savings for residents who choose this plan from among 111 available options.
Magnolia's hot, humid summers significantly increase cooling costs, with typical single-family homes using around 1225 kWh monthly. Air conditioning can account for the majority of summer usage. Choosing competitive rates like 7.0¢/kWh versus the 15.05¢/kWh average can substantially reduce weather-related electricity expenses.
Since 58% of Magnolia housing consists of single-family homes averaging 1225 kWh monthly, residents should select plans optimized for the 2000 kWh tier. This ensures you receive the best rate for your actual usage. Compare among 111 available plans to find your ideal match.
Switch to competitive plans like APGE's SimpleSaver 9 at 7.0¢/kWh instead of paying the 15.05¢/kWh average. For a typical 1225 kWh monthly usage, this rate difference saves approximately $98 monthly. Additionally, improve home insulation and upgrade to energy-efficient cooling systems.
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!
