STATE ELECTRICITY REPORT / MI

Michigan electricity prices and operating costs.

Latest residential average: 22.01¢/kWh for 2026-05.

Residential rate22.01¢
1 month+2.9%
1 year+8.8%
5 years+24.4%

Cost to run common equipment in Michigan

Every row uses the same standardized annual kWh assumption used on the national Cost to Run Index.

EquipmentAnnual kWhMonthly costAnnual cost
Traditional Sauna1,755$32$386
Infrared Sauna211$4$46
EV Charging2,880$53$634
Central Air Conditioning3,360$62$740
Heat Pump3,600$66$792
Hot Tub2,190$40$482
Pool Pump2,160$40$475
Electric Water Heater4,500$83$990
Refrigerator600$11$132
Electric Clothes Dryer468$9$103
Dishwasher312$6$69
Electric Oven520$10$114
Dehumidifier720$13$158
Space Heater900$17$198
Chest Freezer350$6$77