Electricity Rates in Stevensville, MI
The average residential electricity rate in Stevensville, MI is 17.0¢/kWh based on 2024 EIA data. Indiana Michigan Power Co provides electricity to the area. This is 5.6% below the Michigan state average.
Electricity Providers in Stevensville
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Indiana Michigan Power Co | 17.0¢/kWh | 7.0¢/kWh | Investor Owned |
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 Stevensville
At 17.0¢/kWh, a typical Stevensville 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 Stevensville
Charging an electric vehicle at home in Stevensville 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 Stevensville, MI?
The average residential electricity rate in Stevensville, 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 Stevensville?
Stevensville is served by 1 electricity provider. Indiana Michigan Power Co is the largest provider in the area.
How do Stevensville electricity rates compare to the rest of Michigan?
Stevensville'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.