Electricity Rates in Tower, MI
Electricity rates in Tower, MI average 21.0¢/kWh — 18.1% above the national average of 17.78¢/kWh. Presque Isle Elec & Gas Coop is the primary electricity provider in the area.
Electricity Providers in Tower
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Presque Isle Elec & Gas Coop | 21.0¢/kWh | 14.0¢/kWh | Cooperative |
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 Tower
At 21.0¢/kWh, a typical Tower 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 Tower
Charging an electric vehicle at home in Tower 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 Tower, MI?
The average residential electricity rate in Tower, 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 Tower?
Tower is served by 1 electricity provider. Presque Isle Elec & Gas Coop is the largest provider in the area.
How do Tower electricity rates compare to the rest of Michigan?
Tower'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.