Retail electricity price: residential: 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 residential sector was 23.05 Cents/kWh in July 2026, compared to 22.99 in June 2026. This constitutes a gain of 0.26 percent.
Sample. The monthly time series shown in the chart has 439 data points. The period covered by the series stretches from January 1990 to July 2026.
History. Have a look at some summary statistics we calculated on the full sample: the retail electricity price hit a maximum of 23.05 Cents/kWh in July 2026; it reached its minimum of 7.20 in March 1994; it had a mean of 12.10.
Latest values
| Date | Value - Cents/kWh |
|---|---|
| 2026-05-31 | 22.0100 |
| 2026-06-30 | 22.9900 |
| 2026-07-31 | 23.0500 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Retail electricity price for the residential 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 |
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