2017 Residential Electric Sales and Rates in Michigan

Based on EIA statistics for the 2017 calendar year:

Electric sales have declined in Michigan, the Midwest and US for over the past 1, 5 and 10 years
Electric sales in Michigan have declined in all sales groups; Residential, Commercial, Industrial and in Total. This has been the case for the Midwest and US as well. https://www.eia.gov/electricity/data/browser/

Michigan’s electric rates remain high, especially for Residential customers

  • Electric rates in Michigan are higher than those in the Midwest and US for all rate categories
  • Overall Michigan rates (11.39 cents per kilowatthour) are less competitive than in the Midwest (10.08¢) and US (10.54¢)
  • Our Industrial rates ((7.32¢) are only somewhat higher than those in the Midwest (7.02¢) and US (6.91¢)
  • The largest gap is that our Residential rates (15.47¢) are much higher than those in the Midwest (13.23¢) and US (12.40¢). Table 5.4.B.

The gap between Michigan’s Residential and Industrial electric rates continues to heavily favor Industrial. Residential customers in Michigan pay 111% more per kilowatthour than our Industrial customers. This compares unfavorably with more reasonable spreads in the Midwest (88%) and US (89%).

The Michigan gap narrowed a bit in 2017 (111%) compared to 2016 (120%). However, only four other states maintain a larger skew in favor of Industrial than Michigan.