US Energy Price Monitorby KadoaUpdated weeklyStar on GitHub

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

Michigan

Upper Peninsula Power electricity rates

What homes pay Upper Peninsula Power for electricity, from EIA.

Investor-owned utility, 47,930 homes in Michigan. EIA lists it as Upper Peninsula Power Company.

Headlines

Average price
28.6¢ a kWh
Up 4.0% on a year ago
Average bill
$129 a month
Up 5.1% on a year ago
Average use
450 kWh
A month. Michigan 630 kWh
Price rank in Michigan
1 of 8
1 is the most expensive

Over the 12 months to August 2026, Upper Peninsula Power homes paid 28.6¢ a kWh, against 21.3¢ across Michigan.

Upper Peninsula Power vs Michigan

Upper Peninsula PowerMichigan
Average price, 12 months to August 202628.6¢21.3¢
Price in August 202629.0¢23.0¢
Average monthly bill, 12 months$129$134
Bill in August 2026$132$172
Average monthly use450 kWh630 kWh
Price change, past year+4.0%+8.0%
Price change since 2019+31%+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.