Electricity Rates in Dollar bay, MI
Electricity rates in Dollar bay, MI average 28.0¢/kWh — 57.5% above the national average of 17.78¢/kWh. Upper Peninsula Power Company is the primary electricity provider in the area.
Electricity Providers in Dollar bay
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Upper Peninsula Power Company | 28.0¢/kWh | 15.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 28.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Dollar bay
At 28.0¢/kWh, a typical Dollar bay household spends approximately $2976.96/year on electricity. Solar panels could reduce this by 50–90%.
The federal solar tax credit covers 30% of installation costs through 2032.
EV Charging Costs in Dollar bay
Charging an electric vehicle at home in Dollar bay costs approximately $252.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.
Nearby Cities in Michigan
Frequently Asked Questions
What is the average electricity rate in Dollar bay, MI?
The average residential electricity rate in Dollar bay, MI is 28.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $248.08 for a typical household.
Who provides electricity in Dollar bay?
Dollar bay is served by 1 electricity provider. Upper Peninsula Power Company is the largest provider in the area.
How do Dollar bay electricity rates compare to the rest of Michigan?
Dollar bay's average rate of 28.0¢/kWh is 55.6% above the Michigan state average of 18.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.