Electricity Rates in Riverview, MI
Riverview, 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.
Electricity Providers in Riverview
| 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:
Solar Savings in Riverview
At 15.0¢/kWh, a typical Riverview 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 Riverview
Charging an electric vehicle at home in Riverview 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 Riverview, MI?
The average residential electricity rate in Riverview, 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 Riverview?
Riverview 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 Riverview electricity rates compare to the rest of Michigan?
Riverview'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.