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Your insider’s guide to finding the best electricity rates and energy plans in Magnolia
This comprehensive guide will help you navigate cheap residential and commercial electricity plans in Magnolia.
Magnolia Electricity Rates
In 2009, ComparePower started helping residents of Texas cities like Magnolia make sense of the energy marketplace.
This website compiles quotes from electrical providers in your city in a single place.
You have the power to choose your home’s electric provider in Magnolia.
Previously, you needed to call or email utilities serving your home to get quotes. This process takes hours and requires a tremendous amount of work.
ComparePower reduces the stresses of finding an electrical plan by comparing all available quotes in Magnolia on a level playing field. Once you enter your zip code, you are only minutes away from finding inexpensive electricity.
66 Magnolia Electric Rates
These live rates for CENTERPOINT ENERGY HOUSTON ELECTRIC LLC service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Instantly compare competing Magnolia electricity companies
Instantly compare competing Magnolia electricity companies
Electricity Price Trends in Magnolia
The Texas State Legislature eliminated energy monopolies for much of the state in 2002. This deregulation means that consumers in Magnolia do not need to rely on a single utility provider.
Instead, you can shop around for electrical providers serving your region.
The state’s deregulation of the energy market pits providers against each other. This competition means lower rates for consumers like you to attract new business.
The only issue remaining for a consumer seeking affordable electricity rates is to search through the options. The typical Magnolia resident may have up to 100 retail providers serving their community.
ComparePower makes it easy to sift through affordable electricity plans by these providers.
Average Electricity Rates in Magnolia
Updated October 2023
The average residential electricity rate in Texas is 14.01 ¢/kWh, 13.70% less than the U.S. average.
Got me the cheapest electric. Nice.Emily (TX, United States)
How to Find the Best Energy Plan in Magnolia
Knowing your usage is the secret to finding the best energy plan for you.
Why does your home’s usage rate matter when searching for a different provider? Electricity providers publish quotes based on benchmark rates rather than customized prices per kWh.
You might be lucky to use the benchmark rate published by your new provider. More than likely, though, you will fall below or above that rate. If you exceed the monthly benchmark rate, your bill might be considerably higher than the quoted price.
ComparePower provides an alternative approach for comparison shoppers.
The site uses your zip code and usage rate to customize quoted rates for available energy plans. ComparePower also publishes fees, taxes, and other charges that could alter your price per kWh.
Your monthly usage rate is the starting point for a customized search for affordable electricity through ComparePower.
An estimate of your monthly usage rate is a viable alternative to specific figures. This might not be a perfect solution, but you can still get closer to a cheap electricity plan than if you choose a plan with insufficient information.
Use ComparePower to find the best energy plan for your specific usage.
Ready to find the best plan for your household? Enter your zip code to get started:
Moving to Magnolia: Setting up Electricity
Magnolia’s population in 2016 was 1,985, but the city is in the Houston metro area. Once you move to Magnolia, you can enjoy quiet living at home and find events near your backyard.
If this is your first time establishing an electricity service in Magnolia, it is crucial to have the previous year’s usage of your home.
The previous owner or landlord can help you find this information by reviewing billing statements. This might take some time, but you can save hundreds of dollars with lower monthly bills.
With your usage on hand, ComparePower can instantly figure out the best plan for your home.
If you can’t find usage amounts, you can estimate monthly usage and use ComparePower’s “Help Me Choose” tool to determine your options.
Note: You can estimate your monthly usage if you can’t obtain a usage history. Utilize our “Help Me Choose” tool when you enter your zip code below, and we’ll help you evaluate your home’s usage.
Ready to get started? Enter your zip code below, and we'll guide you to the best energy plan for your new home.
Switching Electricity Companies in Magnolia
You might be comfortable with your electricity provider in Magnolia. It is essential to shop around for new electricity providers regularly.
While your current provider might be good, they may also use the end of your energy contract to increase your rate. The deregulated electricity market means you might have dozens of better options than your current electricity company.
Switching from one provider to another is easy because a new provider will handle the switch. No calls or home visits are required; the process only takes minutes. Since the poles and wires don’t change hands, your power will stay on throughout the process.
You should consider the following ideas when switching electricity providers:
- State law allows early cancellation of energy contracts up to 14 days before the previous contract’s conclusion.
- You may be able to establish a future start date for your new plan up to 60 days before the end of your current contract.
- You might find a new energy plan that saves you enough money to offset an early cancellation penalty.
You can switch to a new provider with affordable rates in Magnolia in minutes.
Ready to find the best plan for your household's usage? Enter your zip code to get started:
Magnolia Energy Companies
Are you looking for a great electric company in Magnolia?
You can sign up for service with great companies such as TXU Energy, Reliant, and Direct Energy.
Click on the company of your choice to view rates, learn more, or sign up.
|Energy Companies in Magnolia||Phone Number|
|New Power Texas||888-316-0697|
No-Deposit Electricity Plans in Magnolia
A no-deposit electricity plan in Magnolia allows you to switch providers at no upfront cost. Some providers, however, require deposits for new customers.
You shouldn’t have to worry about deposits for electricity plans. ComparePower shows your deposit requirements for all plans in your area.
This simple step shows you the time and energy pouring over electricity plan details. Once you find the right no-deposit plan, it’s possible to complete the signup process in minutes on ComparePower.
Learn how to get no-deposit lights.
You may be eligible to have the deposit waived if you meet one of the requirements from the Texas Public Utility Commission §25.478 – Credit Requirements and Deposits.
Get your lights turned on the same day with No Deposit. Enter your zip code to get started:
Magnolia Business Electricity Plans
Whether you are just starting or have run a business for years, you must reduce your monthly expenses. Costs like electricity, wages, and raw materials can prevent your business from staying competitive.
ComparePower allows business owners like you to find affordable electricity rates without wasting time on research. The site gathers sealed bids from commercial energy providers in Magnolia. Once you enter your zip code, you’ll get dozens of bids. You can find the bid that suits your needs, finish signup, and move on with your day.
Click here to get competing quotes for your business electricity.
To learn more about smart meters or to download your electricity usage, visit Smart Meter Texas.
To report an issue with your electricity service or power outages in Magnolia, call 1-800-259-5544 or visit the CenterPoint Energy website.
For gas service in Magnolia, call 1-800-259-5544 or visit the CenterPoint Energy website.
In Magnolia, garbage, sewer, and recycling services are included with your water utilities bill from the City of Magnolia.
The City of Magnolia’s Public Works Department is a public utility owned by the City of Magnolia, TX.
Customer Care: 281-356-2266; also call if you suspect a water main break, leak, sewer overflow, or contamination.
Hours of operation: Monday – Friday, 8 am – 5 pm.
Other Utility Service Areas in Texas
Not in the CenterPoint service area? Search low electricity rates by service area and local utility company.
Click on your Texas Distribution Utility (TDU) below to compare electricity rates in your service area.
- Texas-New Mexico Power (TNMP)
- AEP Texas North
- AEP Texas Central
- Sharyland Utilities
Don’t know your TDU? Use our zip code finder to search for your new low rate:
View Electricity Prices for Zip Codes in Magnolia
Find cheap electricity rates by zip code. Click on your zip code below to find competitive rates in your area.
View Electricity Prices for Cities Near Magnolia
Are you looking for a cheap electricity rate in another city? Find your city below and click to sign up for a low-cost electricity plan.
Don’t see your city on the list? Use the zip code finder to search for your new low rate in your city.
- Houston, TX
- Dallas, TX
- Fort Worth, TX
- Arlington, TX
- Katy, TX
- Corpus Christi, TX
- Spring, TX
- Plano, TX
- Irving, TX
- Laredo, TX
- Midland, TX
- Odessa, TX
- Tyler, TX
- Richmond, TX
- Cypress, TX
- Grand Prairie, TX
- Humble, TX
- Round Rock, TX
- Waco, TX
- Killeen, TX
- Sugar Land, TX
- Abilene, TX
- Pearland, TX
- Mcallen, TX
- Mesquite, TX
- Pasadena, TX
- Richardson, TX
- Baytown, TX
- Carrollton, TX
- Wichita Falls, TX
- San Angelo, TX
- Lewisville, TX
- Missouri City, TX
- Mission, TX
- Temple, TX
- League City, TX
- Mckinney, TX
- Galveston, TX
- Pflugerville, TX
- Harlingen, TX
Magnolia Electricity Rates FAQs
Who has the cheapest Magnolia Electricity Rates?
There are over 60 electricity providers with hundreds of energy plans. When shopping for the cheapest rate, take your home’s kilowatt-hour usage into account. The best way to find the best rate for your home is to compare energy plans according to your usage. Find the right energy plan for your kWh usage with ComparePower.
How do I find the best Magnolia Electricity Rates?
Picking the wrong energy plan without knowing your home’s energy usage can cost you hundreds or thousands of dollars. Compare energy plans and electricity rates with your home’s electricity usage profile to find your best rate. Shop with your usage on ComparePower and save both time and money.
Support You Can Count On
Questions? Our local experts can help you navigate options and find the best electricity plan. Reach out to us.