Electricity Rates in Deerfield, MI

Deerfield, MI is in a deregulated electricity market with 3 providers available. The average residential rate is 17.0¢/kWh, 5.6% below the Michigan average of 18.0¢/kWh. Residents may be able to switch providers to find a lower rate.

Avg. Residential Rate 17.0¢/kWh
vs. Michigan Avg. -5.6%
vs. National Avg. -4.4%
Providers 3

Electricity Providers in Deerfield

Utility Residential Rate Commercial Rate Type
Consumers Energy Co - (MI) 19.0¢/kWh 9.0¢/kWh Investor Owned
DTE Electric Company 15.0¢/kWh 9.0¢/kWh Investor Owned
Midwest Energy Cooperative - (MI) 20.0¢/kWh 18.0¢/kWh Cooperative

Estimated Monthly Electric Bill

Based on the average residential rate of 17.0¢/kWh and typical US household usage of 886 kWh/month:

Deerfield monthly bill $150.62
Deerfield annual cost $1807.44
Michigan avg. monthly $159.48
National avg. monthly $157.53

Solar Savings in Deerfield

At 17.0¢/kWh, a typical Deerfield household spends approximately $1807.44/year on electricity. Solar panels could reduce this by 50–90%.

$1356/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in Deerfield

Charging an electric vehicle at home in Deerfield costs approximately $153.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.

Frequently Asked Questions

What is the average electricity rate in Deerfield, MI?

The average residential electricity rate in Deerfield, MI is 17.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $150.62 for a typical household.

Who provides electricity in Deerfield?

Deerfield is served by 3 electricity providers. Consumers Energy Co - (MI) is the largest provider in the area, though rates and availability vary by specific address.

How do Deerfield electricity rates compare to the rest of Michigan?

Deerfield's average rate of 17.0¢/kWh is 5.6% below the Michigan state average of 18.0¢/kWh. Residents enjoy some of the lower rates in the state.