Electricity Rates in Ironwood, MI
Residents of Ironwood, MI benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. Northern States Power Co serves the area.
Electricity Providers in Ironwood
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Northern States Power Co | 15.0¢/kWh | 13.0¢/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 Ironwood
At 15.0¢/kWh, a typical Ironwood 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 Ironwood
Charging an electric vehicle at home in Ironwood 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 Ironwood, MI?
The average residential electricity rate in Ironwood, 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 Ironwood?
Ironwood is served by 1 electricity provider. Northern States Power Co is the largest provider in the area.
How do Ironwood electricity rates compare to the rest of Michigan?
Ironwood'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.