Magic Valley Electric Coop Inc late fee
Texas · Cooperative
Magic Valley Electric Coop Inc charges 5% for a residential electric bill paid late.
- Percentage fee
- 5% of the past-due balance
- Can disconnect
- Yes, for non-payment
- Percentile
- Higher than 51% of US utilities that charge a percentage fee
- Residential customers
- 126,402
Disconnections in 2024
- Disconnections
- 31,381 for non-payment
- Rate
- 25.29 per 100 residential customers
- Final notices
- 426,800
- Reconnections
- 2,833
Counts are disconnection events, not households. Source: US Energy Information Administration, Form EIA-112. See how this compares.
one-time penalty not to exceed 5% on delinquent bill (Magic Valley EC co-op TX)