Electricity Rates in Sylvan lake, MI
Residents of Sylvan lake, MI benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. DTE Electric Company serves the area.
Electricity Providers in Sylvan lake
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| DTE Electric Company | 15.0¢/kWh | 9.0¢/kWh | Investor Owned |
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 Sylvan lake
At 15.0¢/kWh, a typical Sylvan lake 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 Sylvan lake
Charging an electric vehicle at home in Sylvan lake 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 Sylvan lake, MI?
The average residential electricity rate in Sylvan lake, 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 Sylvan lake?
Sylvan lake is served by 1 electricity provider. DTE Electric Company is the largest provider in the area.
How do Sylvan lake electricity rates compare to the rest of Michigan?
Sylvan lake'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.