Magic Valley Electric Coop: Rates and Coverage Area

Magic Valley Electric Coop

Electricity Rates, Plans & Statistics

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About Magic Valley Electric Coop

Magic Valley Electric Coop serves 47 cities and is classified as an electricity cooperative. A total of 142,462 customers (988 industrial properties, 15,693 commercial customers and 125,781 residential accounts) receive electricity from the provider. On average, Magic Valley Electric Coop's residential electricity rate is 10.83 cents per kilowatt hour, which is 30.00% lower than the average state rate of 15.47 cents. They had total sales and disposition of 2,871,456 megawatt hours in 2023, of which 2,781,255 megawatt hours were from sales to end users. The electricity sourced by the company is made up primarily of megawatt hours they acquired on the wholesale market. This category comprises 100.00% of all electricity sourced by the company. In 2023, the provider earned 97.23% of their revenue from retail electricity sales.

The US average monthly residential electricity bill is $143.38, while the Magic Valley Electric Coop average is 2.47% more at $146.92 per month. Magic Valley Electric Coop is the 1801st ranked provider in the US for average monthly bill amount. The provider currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other providers and then resell it to end consumers.

Magic Valley Electric Coop Net Metering

Customers of Magic Valley Electric Coop are able to participate in net metering solutions, which is a positive for both parties. Installation of solar panels and other electricity sources is often prohibitively priced for people. Net metering allows purchasers of these electricity sources to sell excess wattage back into the grid, making the installation of these alternative sources economically viable.

Energy Loss

Magic Valley Electric Coop reports energy loss of 3.07% of their total generation due to heat dissipation and other causes. This percentage of energy lost earns them a rank of 556th best out of 3530 companies who report energy loss in the United States.

Magic Valley Electric Coop Rate & Electric Bills

Magic Valley Electric Coop residential electric rates are highest in November and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.126/kWh$0.078/kWh$220.58/mo.$76.07/mo.
358th10.83¢Magic Valley Electric Coop's Average residential price per kWh
1801st$146.92Average monthly electricity bill for Magic Valley Electric Coop's residential customers

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Magic Valley Electric Coop Overview

  • Company Type:Cooperative
  • Headquarters:2200 West 2nd Street
    Mercedes, Texas 78570
    United States of America
  • CEO:Brian R. Acosta

Magic Valley Electric Coop Contact

Magic Valley Electric Coop Service

Energy Loss

Magic Valley Electric Coop's energy loss due to business operations.

-3.07%

Total Energy Loss

88,125MWh

556 National Rank

Power Outages

Currently, 0 customers are being tracked in Magic Valley Electric Coop.

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Customers Out:

0

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Magic Valley Electric Coop Coverage Map

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Magic Valley Electric Coop State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Texas142,466297,957,468.2844100%

Magic Valley Electric Coop County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Cameron County425,2085015.41$169.21/mo
Hidalgo County888,3674915.40$169.22/mo
Kenedy County1695115.25$168.85/mo
Starr County65,7285015.30$168.04/mo
Willacy County20,4234915.37$169.07/mo

Magic Valley Electric Coop FAQ:

What is the average bundled bill for Magic Valley Electric Coop customers each month?

Currently, the average monthly bundled electric bill for customers of Magic Valley Electric Coop is $146.92. The state average bundled bill is $174.63 and the US average is $174.63.

What is the phone number for Magic Valley Electric Coop?

Magic Valley Electric Coop's customer service phone number is (866) 225-5683

What is the average bundled electricity rate for Magic Valley Electric Coop customers?

The average bundled rate of electricity for consumers of Magic Valley Electric Coop is 10.83 cents per kilowatt hour (¢/kWh).

How many counties does Magic Valley Electric Coop have customers in in?

Magic Valley Electric Coop sells electricity to customers in 5 counties.

When will Magic Valley Electric Coop power be restored?

Average outage times for Magic Valley Electric Coop are around 194.02 minutes per outage.

Who is the CEO of Magic Valley Electric Coop?

Brian R. Acosta is the CEO of Magic Valley Electric Coop.

What cities does Magic Valley Electric Coop have customers in in?

Magic Valley Electric Coop serves electricity in 47 cities.

Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-09-18