Electric Consumer

Editor: Katerine G., Editor & Data Researcher · Research & publishing: Electric Consumer Editorial Team · Data retrieved · Sources named on this page: EIA-861 · How we got these numbers · Report an error

Is electricity getting more expensive in Michigan?

+33%Michigan real price change since 2001

Michigan homes pay 33% more than in 2001 once inflation is removed. Michigan paid 8.26 ¢ per kWh in 2001 (15.02 ¢ in today's money) and 20.01 ¢ in 2025: +142.3% printed, +33.2% real. Rank 42nd of 51 (1 = biggest real fall).

Michigan price since 2001

Michigan cents per kWh by year, 2001 to 2025: 25 rows
YearMichigan, 2025 dollarsMichigan, as printed
200115.028.26
200214.828.28
200314.618.35
200414.208.33
200513.858.40
200615.609.77
200715.8510.21
200816.0710.75
200917.4111.60
201018.4012.46
201118.9913.27
201219.8114.13
201320.1614.59
201419.6614.46
201519.5914.42
201620.4215.22
201720.2315.40
201819.8115.45
201919.8215.74
202020.2316.26
202120.8417.54
202219.6517.86
202319.9118.84
202419.8119.30
202520.0120.01

25 rows from EIA, BLS.

CSV
Michigan price at six points, 2001 to 2025
YearMichigan as printedMichigan in 2025 dollarsMichigan real change on the row aboveMichigan against U.S. real price
20018.26 ¢15.02 ¢start−3.7%
20069.77 ¢15.60 ¢+3.9%−6.1%
201113.27 ¢18.99 ¢+21.7%+13.2%
201615.22 ¢20.42 ¢+7.5%+21.3%
202117.54 ¢20.84 ¢+2.1%+28.4%
202520.01 ¢20.01 ¢−4.0%+15.7%

What would your Michigan bill have been?

Try your own Michigan bill

  • 2010: 18.40 ¢ (2025 dollars), $116 a month for 632 kWh. 2025: 20.01 ¢, $126. $10 more a month, $122 a year.
  • Scenario at +3.3% a year: 23.54 ¢ and $149 a month in 2030. Not a forecast.

What the Michigan numbers say

Michigan's biggest one-year real jump came in 2006 (+12.6%) and its biggest drop in 2022 (−5.7%); the Michigan price fell in 10 of 24 yearly steps. Michigan's real price last stood above today's 20.01 ¢ in 2021, at 20.84 ¢.

From 2019 to 2025 the Michigan real price moved +1.0%, from 19.82 ¢ to 20.01 ¢ in 2025 dollars, so the recent years changed little. Michigan sat 3.7% below the U.S. average in 2001 (15.02 ¢ against 15.60 ¢); Michigan is 15.7% above it in 2025 (20.01 ¢ against 17.30 ¢).

Per year, Michigan moved +1.20% real and +3.76% printed over 24 years, against +0.43% real for the nation.

Michigan key numbers

Michigan key numbers, 2001 to 2025
MeasureMichigan
Michigan 2001 price, as printed8.26 ¢
Michigan 2001 price in 2025 dollars15.02 ¢
Michigan 2025 price, preliminary20.01 ¢
Michigan change as printed+142.3%
Michigan change after inflation+33.2%
Michigan real change since 2019+1.0%
Michigan real change since 2021−4.0%
Michigan highest real price (2021)20.84 ¢
Michigan lowest real price (2005)13.85 ¢
Michigan real change per year+1.20%

Michigan against its neighbors

Michigan: +33.2% real since 2001. States bordering: Indiana +29.0% (4.2 points below Michigan); Ohio +11.4% (21.8 points below Michigan); Wisconsin +26.5% (6.8 points below Michigan).

Sources

EIA state data and EIA-861 give the Michigan prices; BLS CPI-U gives the inflation factor for Michigan. Retrieved 5 Oct 2026. Method. CSV for every state, Michigan included

More on Michigan

Questions

Is electricity getting more expensive in Michigan?

The Michigan home price went from 8.26 ¢ per kWh in 2001 to 20.01 ¢ in 2025 as printed (+142.3%). After inflation Michigan changed +33.2%, against +10.9% for the U.S.

What is the Michigan home electricity price in 2025 dollars?

Michigan paid 15.02 ¢ per kWh in 2001 (in 2025 dollars) and 20.01 ¢ in 2025. The Michigan series low is 13.85 ¢ (2005) and the high is 20.84 ¢ (2021).

Michigan: how does it rank on electricity prices against inflation?

Michigan ranks 42nd of 51 on the real change since 2001 (+33.2%), and 25th on the change since 2019 (+1.0%).

Michigan homes in 2025 against 2019: how much more?

Michigan went from 15.74 ¢ to 20.01 ¢ as printed (+27.1%), and from 19.82 ¢ to 20.01 ¢ in 2025 dollars (+1.0%).

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+33% Michigan real price change since 2001