Electricity Rates in Petersburg, MI
Petersburg, MI is in a deregulated electricity market with 3 providers available. The average residential rate is 17.0¢/kWh, 5.6% below the Michigan average of 18.0¢/kWh. Residents may be able to switch providers to find a lower rate.
Electricity Providers in Petersburg
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Consumers Energy Co - (MI) | 19.0¢/kWh | 9.0¢/kWh | Investor Owned |
| DTE Electric Company | 15.0¢/kWh | 9.0¢/kWh | Investor Owned |
| Midwest Energy Cooperative - (MI) | 20.0¢/kWh | 18.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 17.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Petersburg
At 17.0¢/kWh, a typical Petersburg household spends approximately $1807.44/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 Petersburg
Charging an electric vehicle at home in Petersburg costs approximately $153.00/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 Petersburg, MI?
The average residential electricity rate in Petersburg, MI is 17.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $150.62 for a typical household.
Who provides electricity in Petersburg?
Petersburg is served by 3 electricity providers. Consumers Energy Co - (MI) is the largest provider in the area, though rates and availability vary by specific address.
How do Petersburg electricity rates compare to the rest of Michigan?
Petersburg's average rate of 17.0¢/kWh is 5.6% below the Michigan state average of 18.0¢/kWh. Residents enjoy some of the lower rates in the state.