US Energy Price Monitorby KadoaUpdated weeklyStar on GitHub

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

Michigan

Consumers Energy electricity rates

What homes pay Consumers Energy for electricity, from EIA.

Investor-owned utility, 1,666,844 homes in Michigan. EIA lists it as Consumers Energy Co - (MI).

Headlines

Average price
21.7¢ a kWh
Up 8.0% on a year ago
Average bill
$139 a month
Up 7.3% on a year ago
Average use
641 kWh
A month. Michigan 630 kWh
Price rank in Michigan
3 of 8
1 is the most expensive

Over the 12 months to August 2026, Consumers Energy homes paid 21.7¢ a kWh, against 21.3¢ across Michigan.

Consumers Energy vs Michigan

Consumers EnergyMichigan
Average price, 12 months to August 202621.7¢21.3¢
Price in August 202624.4¢23.0¢
Average monthly bill, 12 months$139$134
Bill in August 2026$184$172
Average monthly use641 kWh630 kWh
Price change, past year+8.0%+8.0%
Price change since 2019+37%+35%

Electricity price

Average residential price a kilowatt-hour, by month.

Up to and including August 2026

Source: EIA-861M monthly utility survey. Revenue over kilowatt-hours sold, including fixed charges.

Average monthly bill

What an average home pays a month.

Up to and including August 2026

Source: EIA-861M monthly utility survey.