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. This marks an increase of 0.26 percent.
Sample. This monthly series has 439 data points overall. The series covers the time range going from January 1990 to July 2026.
History. Have a look at a few simple statistics calculated on the full sample: the retail electricity price achieved a maximum of 23.05 Cents/kWh in July 2026; it reached a trough 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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