STATE ELECTRICITY REPORT / MI

Michigan electricity prices and operating costs.

Latest residential average: 23.05¢/kWh for 2026-07.

Residential rate23.05¢
1 month+0.3%
1 year+12.2%
5 years+29.5%

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$34$405
Infrared Sauna211$4$49
EV Charging2,880$55$664
Central Air Conditioning3,360$65$774
Heat Pump3,600$69$830
Hot Tub2,190$42$505
Pool Pump2,160$41$498
Electric Water Heater4,500$86$1,037
Refrigerator600$12$138
Electric Clothes Dryer468$9$108
Dishwasher312$6$72
Electric Oven520$10$120
Dehumidifier720$14$166
Space Heater900$17$207
Chest Freezer350$7$81