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Michigan electricity prices, August 2022

Average price, sales and bills for the month against the same month a year earlier and the US. Final

In August 2022, residential customers in Michigan paid an average of 18.07¢ per kilowatthour, up 1.1% on the same month a year earlier (17.87¢). The US average for the month was 15.82¢; Michigan was 14% above that. It ranked 11th highest among the 50 states and the District of Columbia.

Residential sales were 3,523,576 MWh, down 12.6% on a year earlier, and the average residential bill for the month was $142.27 on 787 kWh. Weather moves monthly sales far more than prices do, so bills swing with the season.

EIA marks this month as final. Final monthly figures are benchmarked to the annual Form EIA-861 census of utilities.

18.07¢residential, per kWh+1.1% on Aug 2021
$142.27average residential bill for the monthon 787 kWh
3.5 TWhresidential sales-12.6% on a year earlier
11thhighest residential price of 51US 15.82¢

Average price is revenue divided by sales for the sector and year; it is not a tariff rate. Reliability figures are as reported by utilities to EIA on Form 861 and may use different calculation methods. Monthly figures come from the Form EIA-861M sample and are revised when EIA finalises the year.

Price by sector

SectorAug 2022Aug 2021ChangeUS, Aug 2022
Residential18.07¢17.87¢+1.1%15.82¢
Commercial12.46¢12.34¢+1.0%13.41¢
Industrial8.46¢7.95¢+6.4%9.38¢
All sectors13.40¢13.49¢-0.7%13.44¢

Sales and customers

MeasureAug 2022Aug 2021Change
Residential sales3.5 TWh4 TWh-12.6%
Sales, all sectors9.7 TWh10.1 TWh-3.9%
Residential customers4,475,0094,459,192+0.4%
Average residential bill$142.27$161.46-11.9%
Average residential use, kWh787904-12.9%
US residential price15.82¢13.92¢+13.6%

The two years to August 2022

0¢5¢10¢15¢20¢Aug 2020Dec 2020Apr 2021Aug 2021Dec 2021Apr 2022Aug 2022

Michigan residentialUS residential

Cents per kWh, Form EIA-861M.
September 2022 →

Questions and answers

What was the average electricity price in Michigan in August 2022?

18.07¢ per kilowatthour for residential customers, 12.46¢ for commercial and 8.46¢ for industrial customers. EIA marks the month as final.

How does that compare with a year earlier?

The residential average was 17.87¢ in August 2021, a change of +1.1%. Residential sales changed by -12.6% over the same period.

What was the average residential bill that month?

$142.27, on average use of 787 kWh. This is residential revenue divided by residential customers for the month.

Provenance

Source: U.S. Energy Information Administration, Form EIA-861M sales and revenue workbook (state by sector and month), status "Final" for this month, series published through July 2026. Public domain. Price = revenue ÷ sales; bill = residential revenue ÷ residential customers. Utility-level annual figures are on the Michigan page.