Electricity rates › Michigan

Michigan electricity rates

Homes in Michigan pay an average of 19.3¢ per kWh, 17% above the US average, and use 618 kWh a month. Michigan ranks #12 of 51 for residential electricity prices.

19.3¢average price per kWh

618 kWhaverage use per month

$119average monthly bill

#12 of 51price rank (1 = most expensive)

Residential rates by utility in Michigan

Utility	¢/kWh	ZIP codes served
Consumers Energy Co	18.8	643
DTE Electric Company	19.7	343
Great Lakes Energy Coop	17.7	184
Tri-County Electric Coop (MI)	17.1	110
Midwest Energy Cooperative	19.8	78
Upper Peninsula Power Company	25.4	77
Indiana Michigan Power Co	15.7	55
Alger-Delta Coop Electric Assn	22.6	49
Presque Isle Elec & Gas Coop	20.0	45
Cherryland Electric Coop Inc	15.5	42
Cloverland Electric Co-op	14.3	37
City of Lansing	19.6	22

Average residential rates for full-service utilities, from NREL’s utility rates by ZIP code (2023). In areas with retail choice, your price depends on the plan you pick.

Is solar worth it in Michigan?

At 19.3¢ per kWh, every 1,000 kWh your roof makes and you use yourself is worth about $193. A system that covers the average Michigan home would replace about 7,416 kWh a year, roughly $1,431 of electricity at today’s prices.

5.6 kWsystem for an average home (14 panels)

$16,800rough installed cost

$1,431electricity saved per year

~12 yearssimple payback

Assumes a typical 1,350 kWh per kW of panels a year and $3.00/W installed, before incentives and price increases. Your roof’s direction, pitch and shade change these numbers; the estimator measures them for your address.

Plan solar for your Michigan home

State figures: EIA Table 5A, 2024 Average Monthly Bill - Residential (forms EIA-861, 861S, 861U).