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Magic Valley Electric Coop electric rates

Updated October 7, 2026 · Source: EIA Form 861 (2024)

Cooperative utility serving 126,402 homes in Texas.

Your rate

10.2¢per kWh, average residential rate 38% lower than the U.S. average (16.4¢)
$132average monthly bill$1,585 a year
1,295kWh used per month, average home
+8%rate change since 2020U.S. average: +28%

Texas is a retail-choice state: this utility's rate case sets the delivery part of your bill. The supply part comes from your chosen supplier or the default service rate.

Estimate your bill

It's on your bill, usually near the top. Starting at 1,295 kWh, the average for Magic Valley Electric Coop homes.

kWh
$132 a month
$12 fixed charge + 9.3¢ × 1,295 kWh

This is an estimate. Uses the EIA average rate with a nominal $12 fixed charge; real tariffs have tiers, time-of-use pricing and riders. Your bill also includes taxes and fuel adjustments that change month to month.

Rate cases

No rate case on file for Magic Valley Electric Coop right now. We check regulator dockets weekly; last check October 7, 2026. Know of one?

Rate history

Magic Valley Electric Coop's average rate is up 8% since 2020, versus +28% for the U.S. average.

9.5¢ 2020 10.0¢ 2021 11.4¢ 2022 10.3¢ 2023 10.2¢ 2024 U.S. avg

Average residential revenue per kWh, EIA-861. Includes delivery and, where the utility sells it, supply.

Rebates for heat pumps, batteries and EV chargers

We haven't found utility-level rebates for Magic Valley Electric Coop yet. Check Texas programs or read what's left after the federal credits ended.

About Magic Valley Electric Coop

Ownership
Cooperative
Homes served
126,402 residential customers (2024)
Grid operator
ERCO
Retail choice
Yes — you can pick a supplier for the energy portion
Data
EIA-861 2024, released October 7, 2026; rate cases checked October 7, 2026

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