Electricity Rates in Marenisco, MI
Marenisco, 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 Marenisco
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Northern States Power Co | 15.0¢/kWh | 13.0¢/kWh | Investor Owned |
| Upper Peninsula Power Company | 28.0¢/kWh | 15.0¢/kWh | Investor Owned |
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 Marenisco
At 21.0¢/kWh, a typical Marenisco 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 Marenisco
Charging an electric vehicle at home in Marenisco 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 Marenisco, MI?
The average residential electricity rate in Marenisco, 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 Marenisco?
Marenisco 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 Marenisco electricity rates compare to the rest of Michigan?
Marenisco'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.