Magic Valley Electric Coop Inc: average electricity price and bill
- Annual file
- Form EIA-861, 2024 final
- Monthly data
- to July 2026
The average residential price of Magic Valley Electric Coop Inc was 10.20 cents per kilowatt-hour (kWh) in 2024. Form EIA-861, final
The average monthly bill of a residential customer was $132.08 in 2024, for 1,295 kWh each month. The Texas average price was 14.94 cents per kWh in 2024. The US average price was 16.48 cents per kWh in 2024.
In July 2026, the Texas average was 15.88 cents per kWh. EIA marks this month as preliminary. EIA has monthly figures for a sample of utilities, and Magic Valley Electric Coop Inc is not in the sample.
Average price of electricity to ultimate consumers represents the cost per unit of electricity sold and is calculated by dividing electric revenue from ultimate consumers by the corresponding sales of electricity.
The average price of electricity to ultimate consumers reported in this publication by sector represents a weighted average of consumer revenue and sales, and does not equal the per kWh rate charged by the electric power industry participant to the individual consumers.
EIA's words. Source: U.S. Energy Information Administration, Electric Power Monthly, Technical notes, section "Form EIA-861" (March 2024). "This publication" is the Electric Power Monthly.
In plain words: the average price is revenue divided by sales. It is not the rate on a rate schedule. The annual figures on this page are for 2024. Monthly data through .
Since the last EIA release: no tracked figure of Magic Valley Electric Coop Inc changed. The record of changes starts with the next release. EIA releases and changes
Price and bill beside Texas, the ownership type and the US
Form EIA-861, 2024
| Figure | This utility | Electric cooperatives, US median | Texas | United States |
|---|---|---|---|---|
| Average residential price (cents per kWh) | 10.20 | 13.74 | 14.94 | 16.48 |
| Average monthly bill (dollars per month) | $132.08 | $149.95 | $163.72 | $142.26 |
| Average monthly use (kWh per month) | 1,295 | 1,126 | 1,096 | 863 |
| Change of the price in 1 year (percent) | -1.4% | n/a | +3.3% | +3.0% |
| Change of the price in 5 years (percent) | +8.7% | n/a | +27.0% | +26.7% |
State and US figures are EIA's own averages for all customers. The ownership column is a median of utilities with 1,000 or more residential customers, from the final 2024 file.
The average monthly bill is residential revenue divided by customers and by 12 months. The use is residential sales divided by customers and by 12 months. These figures are for bundled service only.
10.20 cents per kWh, Magic Valley Electric Coop Inc, 2024
Sales by sector
Form EIA-861, 2024
| Sector | Customers | Sales | Share of sales percent | Revenue dollars | Average price, bundled cents per kWh |
|---|---|---|---|---|---|
| Residential | 126,402 | 2 TWh | 69 | 200,348,700 | 10.20 |
| Commercial | 18,438 | 292.3 GWh | 10 | 31,795,600 | 10.88 |
| Industrial | 915 | 603.4 GWh | 21 | 50,248,900 | 8.33 |
Customers, sales and revenue include each service type that the utility reported. The price column uses bundled service only. Sources of energy: 3 TWh in total. The utility generated 0% and bought 3 TWh. Summer peak demand: 757 MW.
Price history
Form EIA-861, 2013 to 2024
Magic Valley Electric Coop IncTexas averageUS average
Table of the figures by year, 2013 to 2024
| Year | Average price cents per kWh | Texas average cents per kWh | Average bill dollars per month | Average use kWh per month | Residential customers | Sales, all sectors |
|---|---|---|---|---|---|---|
| 2024 | 10.20 | 14.94 | $132.08 | 1,295 | 126,402 | 2.9 TWh |
| 2023 | 10.34 | 14.46 | $137.28 | 1,327 | 121,456 | 2.8 TWh |
| 2022 | 11.38 | 13.76 | $153.25 | 1,347 | 117,744 | 2.7 TWh |
| 2021 | 10.02 | 12.11 | $131.87 | 1,315 | 114,602 | 2.5 TWh |
| 2020 | 9.46 | 11.71 | $123.93 | 1,310 | 110,393 | 2.4 TWh |
| 2019 | 9.38 | 11.76 | $121.15 | 1,291 | 107,362 | 2.4 TWh |
| 2018 | 9.44 | 11.20 | $124.67 | 1,320 | 104,226 | 2.4 TWh |
| 2017 | 9.17 | 11.01 | $120.08 | 1,310 | 100,715 | 2.3 TWh |
| 2016 | 9.01 | 10.99 | $118.72 | 1,317 | 98,641 | 2.3 TWh |
| 2015 | 9.19 | 11.56 | $119.26 | 1,298 | 95,797 | 2.2 TWh |
| 2014 | 9.92 | 11.86 | $127.16 | 1,282 | 93,530 | 2.1 TWh |
| 2013 | 9.34 | 11.35 | $119.52 | 1,279 | 90,737 | 2.1 TWh |
Reliability: SAIDI and SAIFI
Form EIA-861, 2024
- SAIDI with major event days: 122.0 minutes without power for each customer in 2024, about 2 hours.
- SAIDI without major event days: 116.0 minutes for each customer in 2024, about 2 hours.
| Figure | This utility | Texas, median of 67 utilities | Texas, EIA total | US, median of 893 utilities |
|---|---|---|---|---|
| SAIDI with major event days (minutes per customer per year) | 122.0 | 200.2 | 1,270.6 | 184.5 |
| SAIDI without major event days (minutes per customer per year) | 116.0 | 165.5 | 129.4 | 99.8 |
| SAIFI with major event days (interruptions per customer per year) | n/a | 1.81 | 2.11 | 1.40 |
| SAIFI without major event days (interruptions per customer per year) | n/a | 1.53 | 1.22 | 1.01 |
The utility reported these figures to EIA with the IEEE 1366 standard. Methods differ between utilities. What SAIDI and SAIFI mean
For utilities using the IEEE method, a Major Event Day is any day that exceeds a daily SAIDI threshold called Tmed. Tmed is a duration statistic calculated from daily SAIDI values from the past five years. For utilities not using IEEE methods, Major Events are self-determined by the reporting utility.
EIA's words. Source: U.S. Energy Information Administration, Electric Power Annual with data for 2024, Table 11.1, notes (October 2025).
Table of SAIDI and SAIFI by year, 2013 to 2024
| Year | SAIDI minutes, with major event days | SAIDI minutes, without major event days | SAIFI interruptions per customer, with major event days | SAIFI interruptions per customer, without major event days | Method |
|---|---|---|---|---|---|
| 2024 | 122.0 | 116.0 | n/a | n/a | IEEE 1366 |
| 2023 | 502.6 | 194.0 | n/a | n/a | IEEE 1366 |
| 2022 | 178.7 | 139.3 | n/a | n/a | IEEE 1366 |
| 2021 | 717.3 | 156.1 | n/a | n/a | IEEE 1366 |
| 2020 | 1,475.5 | 147.5 | n/a | n/a | IEEE 1366 |
| 2019 | 178.1 | 140.4 | n/a | n/a | IEEE 1366 |
| 2018 | 132.5 | 112.1 | n/a | n/a | IEEE 1366 |
| 2017 | 108.0 | 101.5 | n/a | n/a | IEEE 1366 |
| 2016 | 157.4 | 132.0 | n/a | n/a | IEEE 1366 |
| 2015 | 132.0 | 97.6 | n/a | n/a | IEEE 1366 |
| 2014 | 68.0 | 67.0 | n/a | n/a | IEEE 1366 |
| 2013 | 70.0 | 59.0 | n/a | n/a | IEEE 1366 |
Counties in the service territory
Form EIA-861, 2024
The utility listed these 6 counties on Form EIA-861. A utility can serve only a part of a county on its list.
Other utilities in Texas
Form EIA-861, 2024
| Utility | Type | Residential customers | Average price cents per kWh | Average bill dollars per month | SAIDI minutes, with major event days | SAIDI minutes, without major event days | |
|---|---|---|---|---|---|---|---|
| Tri-County Electric Coop, Inc (TX) | Electric cooperative | 118,075 | 12.65 | $188.12 | 134.6 | 110.8 | Add |
| Bluebonnet Electric Coop, Inc | Electric cooperative | 113,890 | 11.42 | $137.63 | 227.2 | 117.2 | Add |
| Guadalupe Valley Elec Coop Inc | Electric cooperative | 92,189 | 12.49 | $149.49 | 200.2 | 131.9 | Add |
| Grayson-Collin Elec Coop, Inc | Electric cooperative | 90,464 | 16.40 | $185.63 | 189.9 | 136.4 | Add |
| United Electric Coop Service Inc | Electric cooperative | 88,324 | 13.00 | $168.47 | 111.8 | 111.8 | Add |
| Sam Houston Electric Coop Inc | Electric cooperative | 86,118 | 12.62 | $144.08 | 4,584.0 | 378.0 | Add |
| Farmers Electric Coop, Inc | Electric cooperative | 84,006 | 11.51 | $143.04 | 134.7 | 64.9 | Add |
| Trinity Valley Elec Coop Inc | Electric cooperative | 79,954 | 11.26 | $142.78 | 1,042.0 | 267.3 | Add |
Watch or compare this utility
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Official channels
- LIHEAP Clearinghouse: energy assistance office searchThe search page for local offices of the federal Low Income Home Energy Assistance Program (LIHEAP).
- EIA: Form EIA-861 annual data filesThe page of the annual files: revenue, sales, customers, reliability and service territories of each utility.
- EIA: Form EIA-861M monthly data filesThe page of the monthly files: the figures of each state and of the monthly sample of utilities.
EIA's files have no website for a utility. The state utility commission and the utility have the rate schedules.
Cite this page
Power Bill Facts. Magic Valley Electric Coop Inc: average electricity price and bill. https://powerbillfacts.com/utility/magic-valley-electric-coop-inc-tx-11501/ Source: U.S. Energy Information Administration, Form EIA-861 (2024) and Form EIA-861M. Data through . Page made .
Where the figures come from
Source: U.S. Energy Information Administration. Annual figures: Form EIA-861, final release for 2024, respondent "Magic Valley Electric Coop Inc", utility number 11501. State and US averages: Form EIA-861M sales and revenue workbook, through July 2026. These are US government works in the public domain. An error in the processing of this site is corrected at the next build: report an error.
Questions about Magic Valley Electric Coop Inc
- How does the price of Magic Valley Electric Coop Inc compare with other utilities?
- In 2024, 8% of the 1,230 US utilities with a price had this price or a lower price. In Texas, 14 of the 135 other utilities with a price had a lower price.
- Did the price of Magic Valley Electric Coop Inc change?
- The average residential price was 10.34 cents per kWh in 2023 and 10.20 cents per kWh in 2024. The 2024 price was 0.14 cents per kWh lower than the 2023 price. In 2019, the price was 9.38 cents per kWh. These prices are not adjusted for inflation.
- How many minutes without power did Magic Valley Electric Coop Inc report?
- Magic Valley Electric Coop Inc reported 122.0 minutes (about 2 hours) without power for each customer in 2024, with major event days. Without major event days, the figure was 116.0 minutes (about 2 hours). EIA's name for this figure is SAIDI.
- Which counties does Magic Valley Electric Coop Inc serve?
- Magic Valley Electric Coop Inc listed 6 counties in Texas in its service territory on Form EIA-861 for 2024. This page has the full list. A utility can serve only a part of a county.