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 53 cities and is classified as an electricity cooperative. A total of 133,394 customers (822 industrial properties, 14,828 commercial customers and 117,744 residential accounts) receive electricity from the provider. On average, Magic Valley Electric Coop's residential electricity rate is 11.38 cents per kilowatt hour, which is 18.79% lower than the average state rate of 14.01 cents. They had total sales and disposition of 2,802,415 megawatt hours in 2022, of which 2,691,691 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 2022, the provider earned 97.44% of their revenue from retail electricity sales.

The US average monthly residential electricity bill is $132.69, while the Magic Valley Electric Coop average is 15.49% more at $153.25 per month. Magic Valley Electric Coop is the 2337th 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 3.89% of their total generation due to heat dissipation and other causes. This percentage of energy lost earns them a rank of 592nd best out of 3517 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 January and the highest average bill is in September.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.114/kWh$0.092/kWh$153.25/mo.$120.08/mo.
744th11.38¢Magic Valley Electric Coop's Average residential price per kWh
2337th$153.25Average 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.

-3.89%

Total Energy Loss

108,879MWh

592 National Rank

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Magic Valley Electric Coop Coverage Map

Coverage Map Placeholder

Magic Valley Electric Coop State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Texas133,394298,755,20040100%

Magic Valley Electric Coop County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Cameron County425,2084313.07$151.28/mo
Hidalgo County888,3674213.05$151.23/mo
Kenedy County1694313.06$151.30/mo
Starr County65,7284313.08$151.24/mo
Willacy County20,4234213.06$151.24/mo

Cities Magic Valley Electric Coop Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

Magic Valley Electric Coop Reviews

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Magic Valley Electric Coop FAQ:

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

Magic Valley Electric Coop currently has an average monthly bundled electric bill of $153.25, compared to the Texas average of $158.61 and the national of $158.61 for bundled service.

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

There are 5 counties that receive at least some electricity coverage by Magic Valley Electric Coop.

What is the phone number for Magic Valley Electric Coop?

The Magic Valley Electric Coop phone number is (866) 225-5683.

Who is the CEO of Magic Valley Electric Coop?

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

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

The average bundled price of electricity for consumers of Magic Valley Electric Coop is 11.38 cents per kilowatt hour (¢/kWh).

What cities does Magic Valley Electric Coop sell electricity in?

Magic Valley Electric Coop supplies in 53 cities in the country.

Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-03-14