Michigan residential electricity rates
For 4,516,367 Michigan residential accounts the 2024 average price was 19.30 cents per kWh on 33.5 TWh of sales.
In 2024 Michigan residential accounts paid 19.30 ¢/kWh, rank 12 of 51 and 17.1% above the U.S. residential price (16.48 ¢). A Michigan account using 618 kWh a month pays about $119. Since 2015 the Michigan price moved +33.8%.
Michigan sits 0.04 ¢ under New Jersey, the state above, and 1.44 ¢ over Maryland, the state below. At 618 kWh a month, energy in Michigan costs 48 dollars more than in North Dakota, the cheapest residential state.
How it compares
| Residential price | 2024 | 2015 | Change | Bill |
|---|---|---|---|---|
| Michigan | 19.30 ¢/kWhthis state | 14.42 ¢/kWh | +33.8% | $119at 618 kWh |
| New Jersey (next above) | 19.34 ¢/kWh+0.04 ¢ against Michigan | 15.81 ¢/kWh | +22.3% | $120at 618 kWh |
| Maryland (next below)Lowest in this table | 17.86 ¢/kWh-1.44 ¢ against Michigan | 13.82 ¢/kWh | +29.2% | $110at 618 kWh |
Michigan residential: 2025 and 2026
Michigan residential, data to July 2026.
- Michigan 2025 average price
- 20.01 ¢/kWh+3.7% against 2024, U.S. +5.0%
- Michigan 2025 rank
- 13 of 51-1 places against 2024
- Michigan January to Jul 2026
- 21.53 ¢/kWh+8.8% on Jan-Jul 2025
- Michigan Last 12 months
- 21.05 ¢/kWhto July 2026
- Michigan July 2026
- 23.05 ¢/kWh+12.2% against July 2025
- Michigan 2025 costliest month
- Sep 21.20 ¢cheapest Jan 18.48 ¢, a 15% spread
- Michigan Typical 2025 bill
- $127 a monthtop Jul $185, low May $100
The Michigan residential price averaged 20.01 ¢/kWh in 2025, +3.7% on 2024: Michigan ran 1.3 points slower than the nation. From January to July 2026 the Michigan average is 21.53 ¢, +8.8% on 2025, 1.7 points above the U.S. change. Seasonality in Michigan: 2025 peaked in September at 21.20 ¢ and bottomed in January at 18.48 ¢. A typical residential account in Michigan paid about $1,522 for energy over 2025, from $100 in May to $185 in July; use per account ran 495 to 902 kWh a month.
Michigan residential price by month, 2024 to Jul 2026
Price by month, Michigan residential: 12 rows
| Month | 2024 | 2025 | 2026 to Jul |
|---|---|---|---|
| Jan | 18.49 | 18.48 | 19.52 |
| Feb | 18.72 | 18.89 | 20.00 |
| Mar | 18.85 | 19.35 | 21.20 |
| Apr | 19.38 | 19.93 | 21.39 |
| May | 19.56 | 20.23 | 22.01 |
| Jun | 19.99 | 20.82 | 22.99 |
| Jul | 19.81 | 20.55 | 23.05 |
| Aug | 19.77 | 20.73 | No data |
| Sep | 20.12 | 21.20 | No data |
| Oct | 19.40 | 20.46 | No data |
| Nov | 18.84 | 19.94 | No data |
| Dec | 18.42 | 19.53 | No data |
12 rows from EIA retail sales.
CSVWhat a typical Michigan residential account paid each month
Michigan residential: use per account times price, energy only.
Typical bill by month, Michigan residential: 12 rows
| Month | 2025 | 2026 to Jul |
|---|---|---|
| Jan | 131 | 140 |
| Feb | 119 | 120 |
| Mar | 111 | 122 |
| Apr | 101 | 108 |
| May | 100 | 115 |
| Jun | 150 | 151 |
| Jul | 185 | 211 |
| Aug | 156 | No data |
| Sep | 116 | No data |
| Oct | 106 | No data |
| Nov | 111 | No data |
| Dec | 136 | No data |
12 rows from EIA retail sales.
CSVMichigan residential charts
Residential price, Michigan and U.S.
Michigan 14.42 ¢ in 2015 and 19.30 ¢ in 2024, 2.82 ¢ over the national figure.
Michigan residential price vs U.S., 2015 to 2024: 10 rows
| Year | Michigan residential | Gap to U.S. residential | Michigan commercial |
|---|---|---|---|
| 2015 | 14.42 | +1.77 | 10.55 |
| 2016 | 15.22 | +2.67 | 10.64 |
| 2017 | 15.40 | +2.51 | 11.00 |
| 2018 | 15.45 | +2.58 | 11.15 |
| 2019 | 15.74 | +2.73 | 11.39 |
| 2020 | 16.26 | +3.11 | 11.71 |
| 2021 | 17.54 | +3.88 | 12.31 |
| 2022 | 17.86 | +2.82 | 12.55 |
| 2023 | 18.84 | +2.84 | 13.40 |
| 2024 | 19.30 | +2.82 | 14.01 |
10 rows from EIA retail sales.
CSVAnnual change
Biggest move +7.9% in 2021; latest +2.4%.
% vs prior year
- +5.52016
- +1.22017
- +0.32018
- +1.92019
- +3.32020
- +7.92021
- +1.82022
- +5.52023
- +2.42024
Year-over-year change, Michigan residential price: EIA retail sales.
CSVAnalyst note
The Michigan residential price sat above the U.S. average in 10 of 10 years; the gap was +1.77 ¢ in 2015 and +2.82 ¢ in 2024. In the 2024 ranking Michigan sits between New Jersey (19.34 ¢) one place above and Maryland (17.86 ¢) one place below; the top of the list is 23.56 ¢ away and the bottom 7.79 ¢. Michigan was 12th in 2015 with 14.42 ¢ and is 12th now; no move in the table. Michigan residential prices rose in 9 of 9 years. The largest rise was +7.9% in 2021, and the largest fall +0.3% in 2018. The Michigan price peaked at 19.30 ¢ in 2024 and bottomed at 14.42 ¢ in 2015; 2024 is the peak and +33.8% from the low. Compounded, that is +3.29% a year in Michigan, +0.31 points against the U.S. Michigan buys 2.26% of all U.S. residential electricity with 3.16% of the accounts, so the average Michigan account uses 0.72 times the national average.
A middle price: 19.30 ¢/kWh for Michigan residential accounts, rank 12 of 51, +17.1% against the U.S. Michigan: +33.8% over nine years, or +3.3% a year, beating the national +30.3% by 3.6 points; 2021 was the biggest single move (+7.9%) and 2024 the high.
Last year's change in Michigan was +2.4% and still rising. Against the commercial price of 14.01 ¢ the gap is 5.29 ¢. Residential sales are 33.8% of Michigan electricity sold, and an average Michigan account used 618 kWh a month, an implied bill near $119.
Counting revenue instead of kWh, Michigan residential accounts bring in 46.1% of Michigan sector revenue on 33.8% of the kWh, a premium of 12.3 points that comes from the price level: 19.30 ¢ here against 14.01 ¢ for commercial and 8.26 ¢ for industrial accounts. The average Michigan residential account uses 618 kWh a month, 43 of 51 among states on that measure; a commercial account uses 8.88 times as much and a industrial account 661.81 times. Residential accounts are 88.79% of the 5,086,703 accounts in Michigan.
Facts
- Residential price 2024
- 19.30 ¢/kWh+17.1% against U.S.
- Price in 2015
- 14.42 ¢/kWh+33.8% to 2024
- Annual change
- +3.3%+0.3 points vs U.S.
- Rank
- 12 of 5139 states cost less
- Gap to U.S.
- +2.82 ¢$17.43 a month
- Peak year
- 202419.30 ¢; 2015 low 14.42 ¢
- Sales
- 33.5 TWh33.8% of state sales
- Residential accounts
- 4,516,367449.32 per 1,000 residents
- Use per account
- 618 kWh/mo7,419 a year
- Implied monthly bill
- $119+$17 against U.S. rate
Data tables
Michigan, residential: price by year
| Year | Michigan | U.S. | Change | Gap | Ratio |
|---|---|---|---|---|---|
| 2015 | 14.42 | 12.65 | No data | +1.77 | 1.140 |
| 2016 | 15.22 | 12.55 | +5.5% | +2.67 | 1.213 |
| 2017 | 15.40 | 12.89 | +1.2% | +2.51 | 1.195 |
| 2018 | 15.45 | 12.87 | +0.3% | +2.58 | 1.200 |
| 2019 | 15.74 | 13.01 | +1.9% | +2.73 | 1.210 |
| 2020 | 16.26 | 13.15 | +3.3% | +3.11 | 1.237 |
| 2021 | 17.54 | 13.66 | +7.9% | +3.88 | 1.284 |
| 2022 | 17.86 | 15.04 | +1.8% | +2.82 | 1.188 |
| 2023 | 18.84 | 16.00 | +5.5% | +2.84 | 1.177 |
| 2024 | 19.30 | 16.48 | +2.4% | +2.82 | 1.171 |
Michigan residential: cost by use
| Monthly kWh | Michigan cost a month | Gap to U.S. rate in Michigan |
|---|---|---|
| 150 (0.25x the Michigan account) | $28.95 | +$4.23 |
| 310 (0.5x the Michigan account) | $59.83 | +$8.74 |
| 620 (1x the Michigan account) | $119.66 | +$17.48 |
| 930 (1.5x the Michigan account) | $179.49 | +$26.23 |
| 1,240 (2x the Michigan account) | $239.32 | +$34.97 |
| 2,470 (4x the Michigan account) | $476.71 | +$69.65 |
Michigan: the three sectors measured against residential
| Sector | Michigan price ¢/kWh | Price vs residential | Michigan kWh per account a month | Use vs residential | Michigan revenue share | Michigan kWh share |
|---|---|---|---|---|---|---|
| Residential (this page) | 19.30 | 1.00x | 618 | 1.00x | 46.1% | 33.8% |
| Commercial | 14.01 | 0.73x | 5,490 | 8.88x | 37.2% | 37.6% |
| Industrial | 8.26 | 0.43x | 409,143 | 661.81x | 16.7% | 28.6% |
Questions on Michigan residential
How much per kWh do Michigan residential customers pay: 19.30 cents on average?
19.30 cents in 2024, +17.1% against the U.S. rate.
Is Michigan cheap or costly for residential power?
12th of 51, with 39 places charging less.
What is the nine-year price trend for Michigan residential power?
14.42 to 19.30 cents: +33.8% in total, +3.3% a year.
What is a typical monthly residential bill in Michigan?
618 kWh at 19.30 cents, price times use, comes to $119.
How many residential electricity accounts does Michigan have?
4,516,367 accounts, or 449.32 per 1,000 residents.
When were Michigan residential prices highest since 2015?
2024 at 19.30 cents; the low was 14.42 cents in 2015.
What did Michigan residential electricity cost in 2025?
Michigan averaged 20.01 cents per kWh, +3.7% against 19.30 in 2024, and 13 of 51 among states.
Are Michigan residential electricity prices rising in 2026?
Michigan is +1.7 points against the U.S.: 21.53 cents from January to July 2026, +8.8% on 2025.
When in 2025 did Michigan residential power cost most, September or January?
September at 21.20 cents in Michigan; January was the lowest at 18.48, a 15% spread.
Does Michigan residential power cost more than the national average in 2026?
3.31 cents above the national average; Michigan 21.53 cents over January to July 2026, +8.8% on 2025.
More on Michigan residential
- Michigan state hub28 utilities, 506 accounts per 1,000
- Michigan commercial rates14.01 ¢, rank 13 of 51
- Michigan industrial rates8.26 ¢, rank 23 of 51