Upper Peninsula Power Company: rates, outages and net metering

Roughly 53,911 Michigan accounts belong to Upper Peninsula Power Company, classed by EIA as investor owned; the residential count is 47,660. Its home price sits 43.2% over the Michigan average and ranks 12 of 12 among larger utilities.

At 425 kWh a month a Upper Peninsula Power Company home pays about $117 in energy: 27.64 ¢/kWh, 43.2% above the Michigan average of 19.30 ¢.

Its home price sits 43.2% over the Michigan average and ranks 12 of 12 among larger utilities.

Upper Peninsula Power Company on price: 43.2% over Michigan

Home price against Michigan: +43.2%place 12 of 12, cheapest first

Home price is where Upper Peninsula Power Company departs furthest from the Michigan pattern: 27.64 ¢ against a state average of 19.30 ¢, place 12 of 12 among Michigan utilities with 20,000+ homes. The cheapest of those is City of Holland at 11.68 ¢ (-15.96 ¢ from here), the most expensive Upper Peninsula Power Company at 27.64 ¢ (+0.00 ¢).

A home using 425 kWh a month pays about $117 in energy here; at the Michigan average the same use would cost $82, a difference of +$35 a month.

How it compares

Upper Peninsula Power Company
Upper Peninsula Power Company, 2024	Home	Business	Bill	SAIDI
Upper Peninsula Power Company	27.64 ¢/kWh	21.87 ¢/kWh	$117at 425 kWh	187 minSAIDI
Michigan average against this company, which is 12 of 12 on priceLowest in this table	-8.34 ¢/kWhcompany 43.2% above	-7.86 ¢/kWhcompany 56.1% above	-$35a month at 425 kWh	-83 mincompany 83 above
DTE Electric Company	20.13 ¢/kWhcompany 37.3% above	12.67 ¢/kWhcompany 72.7% above	$8532 less than company	159 mincompany 28 above

Compare 26 Michigan companies

Upper Peninsula Power Company: 2025

No 2025 early-release row for Upper Peninsula Power Company; 2024 stays the latest year.

Upper Peninsula Power Company 2024 against Michigan 2025: +7.63 ¢27.64 ¢ for Upper Peninsula Power Company in 2024, 20.01 ¢ for Michigan in 2025

Upper Peninsula Power Company has no 2025 early-release row; for its 47,660 home accounts the latest year is 2024, at 27.64 ¢/kWh and 187 SAIDI minutes.

Carbon context

Upper Peninsula Power Company serves 47,660 homes in Michigan. At 425 kWh a month that is about 153 kg of CO₂, or 1,834 kg a year, at the Michigan plant rate, state generation and not this utility: Michigan generation mix.

Upper Peninsula Power Company charts

Residential price since 2015: 27.64 ¢ in 2024

22.91 ¢ in 2015, 27.64 ¢ in 2024 (+20.6%); Michigan 14.42 to 19.30 ¢.

Upper Peninsula Power Company residential price 2015-2024, 2015 to 2024: 10 rows

Year	Upper Peninsula Power Compan	Gap to Michigan residential	Gap to U.S. residential
2015	22.91	+8.49	+10.26
2016	23.52	+8.30	+10.97
2017	24.33	+8.93	+11.44
2018	21.77	+6.32	+8.90
2019	21.97	+6.23	+8.96
2020	22.32	+6.06	+9.17
2021	22.25	+4.71	+8.59
2022	23.04	+5.18	+8.00
2023	25.40	+6.56	+9.40
2024	27.64	+8.34	+11.16

10 rows from EIA retail sales.

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Upper Peninsula Power Company SAIDI, 2015-2024

122 min in 2015, 187 in 2024.

Upper Peninsula Power Company SAIDI by year, 2015 to 2024: 10 rows

Year	Upper Peninsula Power , no major events
2015	122
2016	165
2017	176
2018	137
2019	212
2020	206
2021	149
2022	205
2023	141
2024	187

10 rows from EIA-861 survey.

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Reliability: SAIDI 186.8 min

186.8 min, 1.88x the median reporter, rank 514 of 673.

min

Company, no major events186.8
Company, with major events404.3

Upper Peninsula Power Company, Reliability: EIA-861 survey.

CSV

Analyst note

From 22.91 ¢ in 2015 to 27.64 ¢ in 2024, a move of +20.6%: Upper Peninsula Power Company lagged its state (+33.8%) by 13.2 points, and -9.6 points against the U.S. Upper Peninsula Power Company's sharpest move came in 2018, -10.5%. The latest year is the high at 27.64 ¢; the low was 21.77 ¢ (2018). 2024: +8.8% here, +2.4% for the Michigan average. SAIDI at Upper Peninsula Power Company (major events excluded) rose from 122 minutes in 2015 to 187 in 2024, +53%; worst year 2019 at 212. At 187 minutes in 2024, Upper Peninsula Power Company sat +87 from the national SAIDI median, with 0 of 10 years below it. 2019: 785 minutes with major events, 212 without, the widest gap of any year. Upper Peninsula Power Company has 11 cheaper and 0 higher-priced Michigan peers among 12 with 20,000+ homes. Next cheaper, Presque Isle Elec & Gas Coop, bills 20.99 ¢ (-6.65).

Both measures lean against customers: 43.2% above the Michigan average on price and 1.9x the national median on outage minutes (187).

Home accounts at Upper Peninsula Power Company went from 42,740 in 2015 to 47,660 in 2024, +11.5%. Business customers paid 0.79 times the home price in 2024 (21.88 against 27.64 ¢); the ratio was 0.72 in 2015. SAIFI went from 1.10 in 2015 to 1.26 in 2024, between 0.98 and 1.78.

Outages and home price of Upper Peninsula Power Company (EIA utility 19578), 2013 to 2024

Upper Peninsula Power Company customers lost power for 187 minutes in 2024, down from 248 in 2013 (−25%). Its best year was 2015 (122 min), its worst 2014 (248 min), across 12 filed years. Against a Michigan median of 110 minutes in 2024, Upper Peninsula Power Company was above the middle.

Home rates at Upper Peninsula Power Company kept pace with inflation: 28.36 ¢ in 2013 and 28.37 ¢ in 2024 in 2025 dollars (+0.0%), 20.52 ¢ to 27.64 ¢ as billed. A home using 1,000 kWh a month paid $3,403 for the year at the 2013 real price and $3,404 at the 2024 price. Place on home price: 36th cheapest of 37 in 2013, 29th of 29 in 2024 among Michigan utilities with 1,000+ homes.

Upper Peninsula Power Company outage minutes a customer, 2013 to 2024: 187 in 2024

Upper Peninsula Power Company at 187 min in 2024 and the Michigan median at 110.

Upper Peninsula Power Company home price since 2013: +0.0% after inflation

Upper Peninsula Power Company: 28.37 ¢ in 2025 dollars (solid) and 27.64 ¢ as billed (dashed) in 2024.

Upper Peninsula Power Company, EIA utility 19578, year by year among Michigan utilities

Upper Peninsula Power Company 2013-2024: 12 rows

Year, Upper Peninsula Po	¢ billed	¢ in 2025 $	Price place, Upper Peninsul	SAIDI min	SAIFI	SAIDI place, Upper Peninsul	Michigan median SAIDI
2013	20.52	28.36	36 of 37	248	2.00	10 of 13	180
2014	22.47	30.56	37 of 37	248	1.78	10 of 14	192
2015	22.91	31.12	37 of 37	122	1.10	6 of 15	159
2016	23.52	31.55	37 of 37	165	1.30	10 of 16	158
2017	24.33	31.95	36 of 36	176	1.30	12 of 16	137
2018	21.77	27.91	36 of 36	137	1.16	9 of 17	137
2019	21.97	27.67	50 of 51	212	1.78	15 of 20	100
2020	22.32	27.77	29 of 29	206	1.77	13 of 18	150
2021	22.25	26.43	29 of 29	149	1.16	12 of 18	108
2022	23.04	25.34	29 of 29	205	1.48	12 of 19	182
2023	25.40	26.84	29 of 29	141	0.98	12 of 20	112
2024	27.64	28.37	29 of 29	187	1.26	14 of 20	110

Upper Peninsula Power Co, EIA utility 19578: EIA-861, CPI-U.

CSV

SAIDI explained, Michigan real prices.

Facts

Customer accounts: 53,9111.1% of Michigan total
Residential accounts: 47,6601.1% of Michigan homes
Commercial accounts: 6,19211.5% of the base
Residential rate: 27.64 ¢/kWhplace 12 of 12, +43.2% against the state
Commercial rate: 21.87 ¢/kWhplace 19 of 19, +56.1% against the state
SAIDI, no major events: 186.8 minbetter than 24% of reporters
SAIFI, no major events: 1.261.24x the median
SAIDI with major events: 404.3 min53.8% from event days
Net-metered capacity: 2.1 MW293 installations
Counties served: 11all in Michigan
Average residential use: 5,097 kWh/yr425 a month
Implied monthly bill: $117+$47 on the U.S. rate, 425 kWh
Residential rate since 2015: +20.6%22.91 to 27.64 ¢/kWh
SAIDI trend: +53%122 min in 2015, 187 in 2024

Data tables

2024 by sector, Upper Peninsula Power Company

Upper Peninsula Power Company sector	Accounts	Rate ¢/kWh	Gap to Michigan ¢/kWh
Residential	47,660	27.64	+8.34
Commercial	6,192	21.87	+7.86

Year by year, Upper Peninsula Power Company

Year	Home accounts, Upper Peninsula Power	Home ¢	Business ¢	Ratio	SAIDI	SAIFI
2015	42,740	22.91	16.48	0.72	122	1.10
2016	49,562	23.52	15.21	0.65	165	1.30
2017	55,342	24.33	16.54	0.68	176	1.30
2018	52,250	21.77	13.65	0.63	137	1.16
2019	46,742	21.97	15.64	0.71	212	1.78
2020	46,992	22.32	17.73	0.79	206	1.77
2021	47,063	22.25	17.32	0.78	149	1.16
2022	47,281	23.04	17.29	0.75	205	1.48
2023	47,116	25.40	20.27	0.80	141	0.98
2024	47,660	27.64	21.88	0.79	187	1.26

Peers of Upper Peninsula Power Company in Michigan, place 12 of 12 on home price

Utility near Upper Peninsula Power Company on price	SAIDI min, gap to Upper Peninsula Power Company	Home ¢, gap to Upper Peninsula Power Company	Gap % to Upper Peninsula Power Company	Accounts, Upper Peninsula Power Company = 1
9. Midwest Energy Cooperative	+81	-7.73	-28.0%	0.66
10. DTE Electric Company	-28	-7.51	-27.2%	42.35
11. Presque Isle Elec & Gas Coop	No data	-6.65	-24.0%	0.65
12. Upper Peninsula Power Company (this utility)	187	27.64	-	1.00

Who buys Upper Peninsula Power Company's electricity

Class at Upper Peninsula Power Company	Accounts	Of Upper Peninsula Power Company accounts	Of Upper Peninsula Power Company MWh sold	kWh a year per Upper Peninsula Power Company account
Residential	47,660	88.4%	32.8%	5,097
Commercial	6,192	11.5%	20.1%	24,033
Industrial and other	59	0.11%	47.1%	5,902,373

Upper Peninsula Power Company among Michigan investor owneds

Upper Peninsula Power Company and its neighbours on price	SAIDI min, gap to Upper Peninsula Power Company	Home ¢, gap to Upper Peninsula Power Company	Accounts, Upper Peninsula Power Company = 1
1. Consumers Energy Co (MI)	-32	-8.53	35.14
2. DTE Electric Company (MI)	-28	-7.51	42.35
3. Upper Peninsula Power Company (MI, this utility)	187	27.64	1.00

Upper Peninsula Power Company: meters, rate options and solar

Measure	Upper Peninsula Power Company	Michigan context	Upper Peninsula Power Company detail
Upper Peninsula Power Company home meters on AMI	99.4%	Michigan 96.8%	52,471 of 52,762 meters
Homes with daily digital access	47,660	Michigan figure not published	100% of the 47,660 home accounts
Time-of-use rate for Upper Peninsula Power Company homes	Not on file	12 of 20 Michigan utilities offer one	0 homes on dynamic pricing, 0.00% of 47,660
Net-metered installations	293	98% residential	6.0 homes per 1,000 accounts, 7.2 kW average

Monthly energy cost by use, Upper Peninsula Power Company

kWh	Share of a 425 kWh month	Cost a month at 27.64 ¢	vs U.S.	Cost a year
250	59%	$69.10	+$27.90	$829
500	118%	$138.20	+$55.80	$1,658
750	177%	$207.29	+$83.69	$2,488
1,000	235%	$276.39	+$111.59	$3,317
1,500	353%	$414.59	+$167.39	$4,975
2,000	471%	$552.79	+$223.19	$6,633

Outage record, Upper Peninsula Power Company

Measure, Upper Peninsula Powe	No events	All events	Converted
SAIDI minutes	186.8	404.3	3.11 h
SAIFI interruptions	1.260	1.650	0.79 yr apart
CAIDI minutes	148.3	245.0	2.47 h

Territory of Upper Peninsula Power Company

11 Michigan counties, region RFC:

Michigan other states: 11 of 11 counties of Upper Peninsula Power Company drawn

Upper Peninsula Power Company: 11 counties listed by EIA-861, Census 2023 outlines.

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County list

Alger
Baraga
Delta
Dickinson
Houghton
Iron
Keweenaw
Marquette
Menominee
Ontonagon
Schoolcraft

Questions on Upper Peninsula Power Company

How many customers does Upper Peninsula Power Company serve in Michigan?

53,911 accounts in 2024: residential 47,660, commercial 6,192, industrial 59.

What is the average residential rate of Upper Peninsula Power Company?

In 2024 homes paid 27.64 cents; against the Michigan average that is +43.2%.

How reliable is Upper Peninsula Power Company by SAIDI and SAIFI?

SAIDI 186.8 min and SAIFI 1.26 a year, major events excluded; ratio to the national median 1.88, CAIDI 148 min.

How much solar net metering is on the Upper Peninsula Power Company grid?

293 installations with 2.1 MW, of which residential installations number 286.

What is the monthly bill at Upper Peninsula Power Company for average use?

425 kWh at 27.64 cents comes to about $117, energy only.

How does Upper Peninsula Power Company rank on price within Michigan?

Rank 12 of 12 in Michigan on price, +43.2% against the state average; 11 charge less than 27.64 ¢.

How much of the Upper Peninsula Power Company load is business?

Homes take 32.8% of 739,976 MWh, commercial accounts 20.1%, industrial and other 47.1%; the 6,192 commercial accounts use 24,033 kWh each, 4.7 times a home.

Does Upper Peninsula Power Company have smart meters or TOU rates?

52,471 of 52,762 home meters are AMI, 99.4%. Upper Peninsula Power Company reports no home time-of-use rate; 12 of 20 Michigan filers do.

Since 2015, has Upper Peninsula Power Company become cheaper than other Michigan utilities?

11th cheapest of 11 in 2015, 12th of 12 in 2024; its price rose 20.6% while Michigan rose 33.8%.

Where does Upper Peninsula Power Company stand among 2 peers?

Place 3 of 3 on home price at 27.64 ¢ (Michigan investor owneds); median 20.13 ¢, cheapest member 19.11 ¢.

Has Upper Peninsula Power Company filed 2025 data with EIA?

Not yet: 27.64 cents and 187 SAIDI minutes (2024) remain the newest Upper Peninsula Power Company record.

Utilities with a similar home price

Home prices nearest to Upper Peninsula Power Company at 27.64 ¢/kWh in 2024, among companies with a page here, any state.

Versant PowerMaine, 27.50 ¢/kWh, 0.14 ¢ below
Southern California Edison CoCalifornia, 28.25 ¢/kWh, 0.61 ¢ above
City of PasadenaCalifornia, 25.98 ¢/kWh, 1.66 ¢ below
Liberty UtilitiesCalifornia, 25.92 ¢/kWh, 1.72 ¢ below

Rate plans on file

10 home plan records, energy charges: 2.6 to 10.1 ¢/kWh.

Time-of-use: 2, e.g. Residential Heating Service - AH-1
Tiered: 2, e.g. Residential Heating Service - AH-1

Who offers time-of-use and tiered rates (17 Apr 2026 snapshot).

Primary sources for Upper Peninsula Power Company: rates, outages and net metering

EIA-861 annual report entry for Upper Peninsula Power Company: rates, outages and net metering, customers and sales
EIA-861 form instructions for Upper Peninsula Power Company: rates, outages and net metering, how a customer is counted
EIA state profiles for Upper Peninsula Power Company: rates, outages and net metering, the state price average