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

residential customers
  • FL size
    5,236,277
  • CA rate
    307,982

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.

Source EIA Form 861 residential survey, latest release. Average cents per kWh and customer counts from the same rows; no tariff or bill is implied. As of 2024

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

¢/kWh
  • IN
    19
  • this util
    19
  • MI
    19
  • WI
    19
  • OH
    19

What this shows Consumers Energy Co - (MI) reports 19.11¢/kWh, corpus customer-rank 12 of 194.

Source EIA Form 861 residential survey As of 2024
F25/100

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

19.11¢/kWh · median 16.96¢/kWh

Implied annual bill against state peers
17/100

$1,440/yr · median $1,108/yr

State renewable generation context
26/100

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

Consumers Energy Co - (MI)

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

Consumers Energy Co - (MI) average residential price against three benchmarks, 2024
BenchmarkPrice / kWhDifference
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

Each dot is one of the 31 Michigan utilities reporting both a residential price and residential sales in 2024, placed by its rank percentile within that group rather than its raw value, so one very large utility cannot flatten the rest. Bubble size follows customers served, rank-scaled so a utility with millions of customers cannot swamp the rest. Consumers Energy Co - (MI) is highlighted. In Michigan the cheapest rate belongs to City of Zeeland - (MI) (10.12¢) while the smallest implied annual bill belongs to Village of Baraga - (MI) ($765) - a household's bill is price multiplied by consumption, so the two rankings are different lists. 2×2 strategic matrix plotting 31 entities by Price rank percentile (100 = most expensive in state) (X) and Consumption rank percentile (100 = heaviest use) (Y), with a crosshair dividing the plot into four quadrants. Costly rate, heavy useCheaper rate, heavy useCostly rate, light useCheaper rate, light use 050100150 050100150 Price rank percentile (100 = most expensive in state) Consumption rank percentile (100 = heaviest use)
Each dot is one of the 31 Michigan utilities reporting both a residential price and residential sales in 2024, placed by its rank percentile within that group rather than its raw value, so one very large utility cannot flatten the rest. Bubble size follows customers served, rank-scaled so a utility with millions of customers cannot swamp the rest. Consumers Energy Co - (MI) is highlighted. In Michigan the cheapest rate belongs to City of Zeeland - (MI) (10.12¢) while the smallest implied annual bill belongs to Village of Baraga - (MI) ($765) - a household's bill is price multiplied by consumption, so the two rankings are different lists.

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.

Residential utilities in Michigan, 2024, ranked by customers served
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.

Same-ownership utilities outside Michigan nearest in residential price
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.