Electricity Rates in Farmington hills, MI
Residents of Farmington hills, MI benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. DTE Electric Company serves the area.
Electricity Providers in Farmington hills
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| DTE Electric Company | 15.0¢/kWh | 9.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 15.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Farmington hills
At 15.0¢/kWh, a typical Farmington hills household spends approximately $1594.80/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 Farmington hills
Charging an electric vehicle at home in Farmington hills costs approximately $135.00/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 Farmington hills, MI?
The average residential electricity rate in Farmington hills, MI is 15.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $132.90 for a typical household.
Who provides electricity in Farmington hills?
Farmington hills is served by 1 electricity provider. DTE Electric Company is the largest provider in the area.
How do Farmington hills electricity rates compare to the rest of Michigan?
Farmington hills's average rate of 15.0¢/kWh is 16.7% below the Michigan state average of 18.0¢/kWh. Residents enjoy some of the lower rates in the state.