Electrochemical Machining (ECM) is a non-traditional machining technique known for its capability to shape intricate geometries through controlled electrochemical dissolution of metal. Despite its advantages, ECM like many unconventional processes suffers from high energy demands, making power efficiency a critical concern. In this research, a magnetic field was integrated into the ECM setup to investigate its potential for reducing energy consumption. The machining was performed on Metal Matrix Composites (MMCs) fabricated via stir casting, including Al-SiC, Al-B4C, and aluminum 6061 alloy. Key process parameters such as applied voltage, type of material, electrolyte concentration, and the tool-to-workpiece gap were varied to evaluate their influence on power consumption in the presence of a magnetic field. The findings demonstrated that among all parameters, voltage emerged as the most dominant factor affecting power consumption, accounting for 95.64% of the variation with the magnetic field and 94.02% without it.