Michigan electricity rates (August 2026)

Average residential and commercial electricity prices in Michigan from EIA's monthly utility survey, with the trend, the largest utilities and what power costs a typical homeowner.

Residential rate

22.99¢

▲ 10.9% vs a year agoper kWh, August 2026; ranks 13 of 51 (1 = highest)

Commercial rate

16.21¢

per kWh, August 2026

Average home bill

$134

per month over the last 12 months, about 631 kWh

U.S. residential average

18.16¢

Michigan is 27% above the U.S. average.

Find your utility's rate by ZIP

Michigan vs U.S. residential rate

Cents per kWh by month, last 36 months.

Last 12 months in Michigan

Month	Residential	Commercial	U.S. residential	Avg kWh	Avg bill
August 2026	22.99¢	16.21¢	18.16¢	750	$172
July 2026	23.05¢	16.46¢	18.31¢	914	$211
June 2026	22.99¢	16.62¢	18.34¢	656	$151
May 2026	22.01¢	16.09¢	18.44¢	524	$115
April 2026	21.39¢	15.55¢	18.86¢	507	$108
March 2026	21.19¢	15.66¢	18.60¢	577	$122
February 2026	19.99¢	15.14¢	17.65¢	600	$120
January 2026	19.52¢	14.42¢	17.45¢	716	$140
December 2025	19.54¢	14.41¢	17.11¢	698	$136
November 2025	19.95¢	14.32¢	17.77¢	556	$111
October 2025	20.47¢	14.25¢	17.95¢	520	$106
September 2025	21.22¢	14.40¢	18.05¢	549	$116

Largest utilities in Michigan

Residential rates for the biggest utilities in Michigan that report monthly to EIA, ordered by number of homes served, for August 2026.

Utility	Type	Rate	Avg kWh	Avg bill	Homes
DTE Electric Company	Investor Owned	23.25¢	783	$182	2,085,559
Consumers Energy Co - (MI)	Investor Owned	24.38¢	754	$184	1,666,844
Indiana Michigan Power Co	Investor Owned	16.32¢	934	$152	113,556
City of Lansing - (MI)	Municipal	19.46¢	713	$139	87,759
Upper Peninsula Power Company	Investor Owned	29.03¢	454	$132	47,930
Cloverland Electric Co-op	Cooperative	15.81¢	614	$97	36,086
Upper Michigan Energy Resources Corp.	Investor Owned	16.62¢	608	$101	33,416
Alpena Power Co	Investor Owned	18.53¢	601	$111	13,726
Northern States Power Co	Investor Owned	15.72¢	589	$93	7,544

What electricity adds to owning a home in Michigan

A typical Michigan home is valued at $263,760 (Zillow). With 10% down at this week's 7.24% 30-year rate, principal and interest come to about $1,618 a month. The average electric bill of $134 adds about 8% on top of that, or $1,610 a year. See Michigan property tax and closing costs or run the monthly payment.

Bills follow the seasons: in Michigan the highest-use month of the last year averaged 914 kWh per home and the lowest 507 kWh. Budget for the expensive months, not the average.

Common questions

What is the average electricity rate in Michigan?

Homes in Michigan paid an average of 22.99 cents per kWh in August 2026, 27% above the U.S. average of 18.16 cents (EIA Form 861M).

How much is the average electric bill in Michigan?

Over the last 12 months the average Michigan home used about 631 kWh a month and paid about $134 a month.

Have Michigan electricity rates gone up?

The residential rate is 10.9% higher than in August 2025, when it was 20.73 cents per kWh.

What do businesses pay for electricity in Michigan?

Commercial customers in Michigan paid 16.21 cents per kWh in August 2026.

Electricity rates in all statesRanked table and ZIP lookup Michigan buying costsProperty tax, transfer tax and closing costs Michigan buyer programsDown payment help where you live

Sources: U.S. Energy Information Administration (EIA), Form EIA-861M monthly sales and revenue (state and utility data, latest month August 2026; EIA marks recent months preliminary and may revise them); ZIP-to-utility map: OpenEI, U.S. Electric Utility Companies and Rates: Look-up by Zip Code (2024), CC BY 4.0. Rates are average revenue per kWh (total bill divided by kWh sold), so they include fixed and delivery charges. EIA posts each month about eight weeks after it ends; this page checks for new data every morning.