Retail electricity price: industrial: Michigan (Cents/kWh) - United States - EIA - Monthly
This series is part of the dataset: US retail electricity prices (EIA)
Download Full Dataset (.xlsx)Latest updates. In Michigan, the retail electricity price for the industrial sector was 9.81 Cents/kWh in July 2026, compared to 9.24 in June 2026. This marks an increase of 6.17 percent.
Sample. There are 439 data points overall in the monthly series displayed in the figure above. The time range covered by the series goes from January 1990 to July 2026.
History. Here’s a quick look at a few simple statistics we calculated on the full sample: the retail electricity price had a mean of 6.47 Cents/kWh; it hit a minimum of 4.48 in November 2003; it recorded its highest level of 9.81 in July 2026.
Latest values
| Date | Value - Cents/kWh |
|---|---|
| 2026-05-31 | 9.43000 |
| 2026-06-30 | 9.24000 |
| 2026-07-31 | 9.81000 |
Hint. We group time series into data sets and worksheets to simplify research. By scrolling down, you will discover how we arranged further information related to the statistics provided here.
Not for investment purposes. Any financial data distributed on this web site are not supposed to be used for investment purposes or any other financial decision. Users should consult professional advice and perform independent analysis before making any financial commitments.
Series Metadata
| Field | Value |
|---|---|
| Description | Retail electricity price for the industrial sector in Michigan |
| Country | United States |
| Economic concept | Price |
| Data type | Price |
| Seasonally adjusted | No |
| Deflation method | Current prices |
| Rescaling | None |
| Measure type | Level |
| Frequency | Monthly |
| Unit | Cents/kWh |
| Source | U.S. Energy Information Administration (EIA) |
| Source type | Government agency |
| Data licence | Public domain |
| Other information | Not available |
| FSR temporal aggregation code | LM1 |
Series in the same data set
Discover the other time series included in this data set.