Electricity Rates in Keweenaw bay, MI
Keweenaw bay, MI is in a deregulated electricity market with 2 providers available. The average residential rate is 21.0¢/kWh, 16.7% above the Michigan average of 18.0¢/kWh. Residents may be able to switch providers to find a lower rate.
Electricity Providers in Keweenaw bay
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Upper Peninsula Power Company | 28.0¢/kWh | 15.0¢/kWh | Investor Owned |
| Village of Baraga - (MI) | 15.0¢/kWh | 14.0¢/kWh | Municipal |
Estimated Monthly Electric Bill
Based on the average residential rate of 21.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Keweenaw bay
At 21.0¢/kWh, a typical Keweenaw bay household spends approximately $2232.72/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 Keweenaw bay
Charging an electric vehicle at home in Keweenaw bay costs approximately $189.00/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 Keweenaw bay, MI?
The average residential electricity rate in Keweenaw bay, MI is 21.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $186.06 for a typical household.
Who provides electricity in Keweenaw bay?
Keweenaw bay is served by 2 electricity providers. Upper Peninsula Power Company is the largest provider in the area, though rates and availability vary by specific address.
How do Keweenaw bay electricity rates compare to the rest of Michigan?
Keweenaw bay's average rate of 21.0¢/kWh is 16.7% above the Michigan state average of 18.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.