NewInsight: Investor-owned utilities charge 23% more for power

Alpena Power electricity rates

What homes pay Alpena Power for electricity, from EIA.

Investor-owned utility, 13,726 homes in Michigan. EIA lists it as Alpena Power Co.

Headlines

Average price
18.7¢ a kWh
Down 0.5% on a year ago
Average bill
$103 a month
Up 3.5% on a year ago
Average use
549 kWh
A month. Michigan 630 kWh
Price rank in Michigan
5 of 8
1 is the most expensive

Over the 12 months to August 2026, Alpena Power homes paid 18.7¢ a kWh, against 21.3¢ across Michigan.

Alpena Power vs Michigan

Alpena PowerMichigan
Average price, 12 months to August 202618.7¢21.3¢
Price in August 202618.5¢23.0¢
Average monthly bill, 12 months$103$134
Bill in August 2026$111$172
Average monthly use549 kWh630 kWh
Price change, past year-0.5%+8.0%
Price change since 2019+29%+35%

Electricity price

Average residential price a kilowatt-hour, by month.

Up to and including August 2026

Average monthly bill

What an average home pays a month.

Up to and including August 2026