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

Upper Michigan Energy Resources electricity rates

What homes pay Upper Michigan Energy Resources for electricity, from EIA.

Investor-owned utility, 33,416 homes in Michigan. EIA lists it as Upper Michigan Energy Resources Corp..

Headlines

Average price
18.4¢ a kWh
Up 10% on a year ago
Average bill
$107 a month
Up 11% on a year ago
Average use
581 kWh
A month. Michigan 630 kWh
Price rank in Michigan
6 of 8
1 is the most expensive

Over the 12 months to August 2026, Upper Michigan Energy Resources homes paid 18.4¢ a kWh, against 21.3¢ across Michigan.

Upper Michigan Energy Resources vs Michigan

Upper Michigan Energy ResourcesMichigan
Average price, 12 months to August 202618.4¢21.3¢
Price in August 202616.6¢23.0¢
Average monthly bill, 12 months$107$134
Bill in August 2026$101$172
Average monthly use581 kWh630 kWh
Price change, past year+10%+8.0%
Price change since 2019+31%+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