Electricity Rates in Mcallen, TX

Residents of Mcallen, TX benefit from relatively low electricity rates, averaging 10.0¢/kWh — 43.8% below the national average. Magic Valley Electric Coop Inc serves the area.

Avg. Residential Rate 10.0¢/kWh
vs. Texas Avg. -23.1%
vs. National Avg. -43.8%
Providers 1

Electricity Providers in Mcallen

Utility Residential Rate Commercial Rate Type
Magic Valley Electric Coop Inc 10.0¢/kWh 11.0¢/kWh Cooperative

Estimated Monthly Electric Bill

Based on the average residential rate of 10.0¢/kWh and typical US household usage of 886 kWh/month:

Mcallen monthly bill $88.60
Mcallen annual cost $1063.20
Texas avg. monthly $115.18
National avg. monthly $157.53

Solar Savings in Mcallen

At 10.0¢/kWh, a typical Mcallen household spends approximately $1063.20/year on electricity. Solar panels could reduce this by 50–90%.

$797/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in Mcallen

Charging an electric vehicle at home in Mcallen costs approximately $90.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.

Frequently Asked Questions

What is the average electricity rate in Mcallen, TX?

The average residential electricity rate in Mcallen, TX is 10.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $88.60 for a typical household.

Who provides electricity in Mcallen?

Mcallen is served by 1 electricity provider. Magic Valley Electric Coop Inc is the largest provider in the area.

How do Mcallen electricity rates compare to the rest of Texas?

Mcallen's average rate of 10.0¢/kWh is 23.1% below the Texas state average of 13.0¢/kWh. Residents enjoy some of the lower rates in the state.