Michigan · Investor Owned · investor
Consumers Energy Co - (MI) Electricity Rates
Average residential price, customers served and derived annual usage from EIA Form 861, 2024 release.
- 19.11¢
- Avg residential price / kWh
- 1.7M
- Residential customers
- -1.6%
- vs Michigan average
- $1,440
- Implied avg annual bill
Among 194 utilities with 100,000 or more residential customers, Consumers Energy Co - (MI) ranks #32 by average cents per kWh and #12 by residential customers. Consumers Energy Co - (MI) charged an average of 19.11¢ per kWh to residential customers in 2024 - close to the Michigan average and above the Form 861 US customer-weighted average.
San Diego Gas & Electric Co ranks #1 of 194 by average residential cents per kWh (43.63¢, 307,982 customers, customers rank #90). Florida Power & Light Co ranks #1 of 194 by residential customers (5,236,277 customers at 13.71¢, price rank #122). The highest average rate is not the largest customer count. Consumers Energy Co - (MI) is investor owned - a shareholder-owned company whose retail rates are set through a state regulatory commission. Its reported average residential price is close to the Michigan customer-weighted average (-1.6%). Its customers used below the national residential norm at about 7,537 kWh a year each.
- San Diego Gas & Electric Co 43.63¢ · customers rank #90
- Florida Power & Light Co 5,236,277 customers · price rank #122
Highest average rate is not the most customers
Residential customers for the average-rate #1 and customers #1 utilities among 194 with 100,000 or more residential customers
- FL size
Florida Power & Light Co
5,236,277 residential customers
- CA rate 307,982
San Diego Gas & Electric Co
307,982 residential customers
What this shows San Diego Gas & Electric Co ranks #1 of 194 by average residential cents per kWh (43.63¢, 307,982 customers, customers rank #90). Florida Power & Light Co ranks #1 of 194 by residential customers (5,236,277 customers at 13.71¢, price rank #122). The highest average rate is not the largest customer count.
EIA Form 861 utility filing desk
Release MI-2024 · Consumers Energy Co - (MI) NEAR STATE
Consumers Energy Co - (MI) · Form 861 2024 · NEAR STATE
- RATE 19.11¢/kWh
- RANK #22/31
- VS-ST -1.6%
- VS-US +11.7%
- CUST 1.7M
- BILL $1,440
- OWN IOU
- PHOTO IN 0.02¢
- BOOK 12/194
Nearest Form 861 price peer: Northern Indiana Pub Serv Co (IN) (-0.02¢ gap)
EIA Form 861 residential filing stamps for this utility record. Read with this utility → · Michigan rates
Consumers Energy Co - (MI) in the Form 861 price neighbourhood
Average residential ¢/kWh among this utility and nearest indexable peers
- IN
Northern Indiana Pub Serv Co
19 ¢/kWh
- this util
Consumers Energy Co - (MI)
19 ¢/kWh
- MI
Great Lakes Energy Coop
19 ¢/kWh
- WI
Wisconsin Electric Power Co
19 ¢/kWh
- OH
Ohio Power Co
19 ¢/kWh
What this shows Consumers Energy Co - (MI) reports 19.11¢/kWh, corpus customer-rank 12 of 194.
RateWatt cost context
How Consumers Energy Co - (MI) compares on reported cost context
A weighted comparison, not a tariff quote, reliability grade, service-quality score, or recommendation. Lower price and lower implied annual bill score better against reporting utilities in Michigan; the state generation context is shown separately.
- Price against state peers
- 30/100
- Implied annual bill against state peers
- 17/100
- State renewable generation context
- 26/100
19.11¢/kWh · median 16.96¢/kWh
$1,440/yr · median $1,108/yr
11.7% · median 22.8%
Weights: 50% price, 30% implied annual bill, 20% state renewable-generation context. Unreported inputs are excluded and the remaining weights are redistributed. Price and bill use EIA Form 861 (2024); generation context uses EIA state generation data (2025) and is not attributed to this provider.
Rate comparison
How this price compares
Ranked by price against the 31 utilities reporting residential rates in Michigan, Consumers Energy Co - (MI) comes 22nd of 31. The state's range runs from City of Zeeland - (MI) at 10.12¢ to Palmetto Solar, LLC at 31.21¢, so where a household sits inside Michigan depends far more on which utility serves it than on the statewide average alone.
Against the 6 other investor owned utilities reporting in Michigan, whose customer-weighted average is 20.02¢, Consumers Energy Co - (MI) is close to its own ownership class within the state (-4.5%).
State price distribution
Where Consumers Energy Co - (MI) sits among Michigan utilities
2024 average residential price across the 31 utilities reporting a rate in Michigan
19.11¢/kWh 30th affordability percentile More affordable than 30% of 30 other utilities
average residential price, equal-width bands
Each bar spans 2¢/kWh. Taller bars contain more utilities; the dashed marker locates this utility. Hover, focus or tap a bar for its exact count and share.
Source EIA Form 861 · 2024
| Benchmark | Price / kWh | Difference |
|---|---|---|
| Consumers Energy Co - (MI) | 19.11¢ | - |
| Michigan (customer-weighted, 31 utilities) | 19.43¢ | -1.6% |
| US Form 861 customer-weighted average (1.5K utilities) | 17.11¢ | +11.7% |
| Investor Owned customer-weighted US avg (183 utilities) | 18.37¢ | +4.0% |
Rate against consumption: Michigan utilities
Territory and usage
Scale and consumption
Consumers Energy Co - (MI) reported 1.7M residential customers, ranking 2nd of 31 utilities in Michigan by customers served and covering 37.4% of the state's reported residential customers.
Dividing reported residential sales by customers served gives about 7,537 kWh per customer per year - +12.0% against the Michigan median of 6,732 kWh , implying a typical annual bill near $1,440.
State peers
Every utility reporting in Michigan
All 31 utilities reporting bundled residential service in Michigan, largest first, with Consumers Energy Co - (MI) marked. The named companies either side of it are the ones a household in this state might otherwise be served by.
| Utility | Ownership | Customers | Avg ¢/kWh |
|---|---|---|---|
| DTE Electric Company | Investor Owned | 2.1M | 20.13¢ |
| Consumers Energy Co - (MI) (this page) | Investor Owned | 1.7M | 19.11¢ |
| Great Lakes Energy Coop | Cooperative | 120.6K | 19.17¢ |
| Indiana Michigan Power Co | Investor Owned | 112.6K | 17.00¢ |
| City of Lansing - (MI) | Municipal | 87.3K | 19.78¢ |
| Upper Peninsula Power Company | Investor Owned | 47.7K | 27.64¢ |
| Cloverland Electric Co-op | Cooperative | 36.1K | 14.37¢ |
| Cherryland Electric Coop Inc | Cooperative | 35.1K | 16.36¢ |
| Upper Michigan Energy Resources Corp. | Investor Owned | 33.3K | 14.76¢ |
| Presque Isle Elec & Gas Coop | Cooperative | 32.4K | 20.99¢ |
| Midwest Energy Cooperative - (MI) | Cooperative | 29.3K | 19.91¢ |
| City of Holland | Municipal | 26.6K | 11.68¢ |
| Tri-County Electric Coop (MI) | Cooperative | 23.0K | 18.04¢ |
| City of Bay City - (MI) | Municipal | 18.0K | 15.35¢ |
| City of Marquette - (MI) | Municipal | 15.0K | 16.96¢ |
| Alpena Power Co | Investor Owned | 13.8K | 17.43¢ |
| City of Grand Haven - (MI) | Municipal | 13.2K | 14.74¢ |
| Wyandotte Municipal Serv Comm | Municipal | 11.7K | 16.28¢ |
| Alger-Delta Coop Electric Assn | Cooperative | 9.8K | 23.25¢ |
| City of Traverse City - (MI) | Municipal | 9.2K | 12.70¢ |
| Northern States Power Co | Investor Owned | 7.6K | 14.66¢ |
| Coldwater Board of Public Util | Municipal | 6.4K | 14.86¢ |
| City of Sturgis - (MI) | Municipal | 6.1K | 14.71¢ |
| City of Zeeland - (MI) | Municipal | 6.0K | 10.12¢ |
| City of Gladstone | Municipal | 2.3K | 15.62¢ |
| City of Norway | Municipal | 2.0K | 17.06¢ |
| City of Negaunee | Municipal | 2.0K | 21.72¢ |
| City of Crystal Falls | Municipal | 1.3K | 18.88¢ |
| Village of L'Anse - (MI) | Municipal | 946 | 16.82¢ |
| Village of Baraga - (MI) | Municipal | 555 | 15.32¢ |
| Palmetto Solar, LLC | Behind the Meter | 4 | 31.21¢ |
For generation mix and price history statewide, see electricity rates in Michigan.
Ownership class peers
Investor Owned utilities with similar residential prices
Beyond Michigan, these indexable investor owned utilities report the closest residential averages to Consumers Energy Co - (MI) in the same Form 861 release. Peer sets differ by ownership class and price, not a shared national list.
| Utility | State | Customers | Avg ¢/kWh |
|---|---|---|---|
| Northern Indiana Pub Serv Co | Indiana | 430.6K | 19.09¢ |
| Wisconsin Electric Power Co | Wisconsin | 1.0M | 19.23¢ |
| Ohio Power Co | Ohio | 550.8K | 19.33¢ |
| Rochester Gas & Electric Corp | New York | 294.1K | 18.76¢ |
| New York State Elec & Gas Corp | New York | 735.2K | 18.32¢ |
FAQ
Common questions about Consumers Energy Co - (MI) rates
- How much does Consumers Energy Co - (MI) charge per kWh?
- Consumers Energy Co - (MI) reported an average residential price of 19.11¢ per kWh across its bundled residential customers in the 2024 EIA Form 861 release. That is an annual average across all its residential customers, not a rate schedule, so an individual bill depends on the tariff, usage pattern and season.
- Is Consumers Energy Co - (MI) expensive compared with the rest of Michigan?
- Its average residential price is close to the Michigan customer-weighted average of 19.43¢ per kWh, a difference of -1.6%. The state figure is weighted by customers across the 31 utilities reporting residential service in Michigan.
- What is the average electricity bill for Consumers Energy Co - (MI) customers?
- Dividing reported residential sales by residential customers gives about 7,537 kWh per customer per year. At the reported average price that implies roughly $1,440 a year, or about $120 a month. This is RateWatt's arithmetic on two EIA columns, not a figure EIA publishes.
- Who owns Consumers Energy Co - (MI)?
- EIA classifies Consumers Energy Co - (MI) as Investor Owned, a shareholder-owned company whose retail rates are set through a state regulatory commission. Nationally, the customer-weighted average across Investor Owned utilities was 18.37¢ per kWh in the 2024 Form 861 release.
Limitations
What this page does and does not tell you
- An average across bundled residential customers for the year, revenue divided by sales, not a rate schedule.
- Form 861 presence is not evidence of availability at an address or of customer choice.
See our methodology and comparing utility costs across states .
Source: U.S. Energy Information Administration (EIA), Form 861 annual electric power industry report, 2024 release. Retrieved and formatted by RateWatt.
Disclaimer: This information is provided for informational purposes only and does not constitute professional or financial advice. Data is sourced from the U.S. Energy Information Administration (EIA). Rates change and averages do not describe any individual account. Consult your utility or a qualified professional before making decisions based on this data.
Every figure on RateWatt is rendered directly from official U.S. Energy Information Administration (EIA) data, no number is typed in by an editor. Average price, customers and sales are reported by EIA Form 861 (2024). Per-customer annual usage, the implied annual bill, the customer-weighted state average, the Form 861 US customer-weighted average, the ownership-class customer-weighted average, and every percentage difference are RateWatt's arithmetic on those reported columns, never the separate EIA retail-sales statewide series. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2025.