Electricity Rates in Lincoln park, MI

Lincoln park, MI is in a deregulated electricity market with 2 providers available. The average residential rate is 15.0¢/kWh, 16.7% below the Michigan average of 18.0¢/kWh. Residents may be able to switch providers to find a lower rate.

Avg. Residential Rate 15.0¢/kWh
vs. Michigan Avg. -16.7%
vs. National Avg. -15.6%
Providers 2

Electricity Providers in Lincoln park

Utility Residential Rate Commercial Rate Type
DTE Electric Company 15.0¢/kWh 9.0¢/kWh Investor Owned
Wyandotte Municipal Serv Comm 16.0¢/kWh 13.0¢/kWh Municipal

Estimated Monthly Electric Bill

Based on the average residential rate of 15.0¢/kWh and typical US household usage of 886 kWh/month:

Lincoln park monthly bill $132.90
Lincoln park annual cost $1594.80
Michigan avg. monthly $159.48
National avg. monthly $157.53

Solar Savings in Lincoln park

At 15.0¢/kWh, a typical Lincoln park household spends approximately $1594.80/year on electricity. Solar panels could reduce this by 50–90%.

$1196/yr estimated solar savings

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

EV Charging Costs in Lincoln park

Charging an electric vehicle at home in Lincoln park 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.

Frequently Asked Questions

What is the average electricity rate in Lincoln park, MI?

The average residential electricity rate in Lincoln park, 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 Lincoln park?

Lincoln park is served by 2 electricity providers. DTE Electric Company is the largest provider in the area, though rates and availability vary by specific address.

How do Lincoln park electricity rates compare to the rest of Michigan?

Lincoln park'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.