Electricity Rates in Lansing, MI
Average electricity cost, utility comparison, and solar savings potential for Lansing homeowners.
Lansing Electricity Cost Overview
The average residential electricity rate in Lansing, MI is $0.17 per kWh, which is 6% above the national average of $0.16/kWh. Homeowners in Lansing pay an average of $164 per month for electricity, based on typical usage of 966 kWh per month.
Electricity rates in Lansing are determined by the local utility providers that serve the area. Rates can vary depending on your specific utility, usage level, and time of use. Since Michigan has a deregulated electricity market, Lansing residents can shop for competitive rates from alternative suppliers.
Electric Utilities Serving Lansing
| Utility Company | Avg Rate ($/kWh) | Est. Monthly Bill |
|---|---|---|
| DTE Energy | $0.18 | $174 |
| Consumers Energy | $0.17 | $164 |
| Indiana Michigan Power | $0.15 | $145 |
How Solar Compares to Lansing Electricity Rates
Without Solar
- Monthly bill: $164
- Annual cost: $1,968
- 25-year cost: $49,200
- Rate trend: Rising 2-5% annually
With Solar
- Monthly savings: $130
- Annual savings: $1,560
- 25-year savings: $25,000
- Rate: Locked in for 25+ years
Electricity Rates FAQ - Lansing, MI
The average residential electricity rate in Lansing is $0.17 per kilowatt-hour (kWh), which is 6% above the national average of $0.16/kWh. The average monthly electric bill for Lansing homeowners is approximately $164.
With solar panels, Lansing homeowners can reduce their electricity costs by approximately 79%, saving around $130 per month or $25,000 over 25 years. The 30% federal tax credit further reduces the upfront cost of going solar.
The major electric utilities serving the Lansing area include DTE Energy, Consumers Energy, Indiana Michigan Power. Rates vary between providers, so your exact cost depends on your utility and usage level.
Yes, electricity rates in Lansing and across Michigan have been increasing, following national trends of 2-5% annual increases. This makes solar panels an increasingly attractive option since they lock in your energy costs for 25+ years.
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