Electricity Rates Comparison
Data from U.S. Energy Information Administration (EIA) · November 2025
| Metric | Indiana | Michigan | National Avg |
|---|---|---|---|
| Residential Rate (¢/kWh) | 17.41¢ | 19.94¢ | 17.24¢ |
| Commercial Rate (¢/kWh) | 13.64¢ | 14.41¢ | — |
| Industrial Rate (¢/kWh) | 8.77¢ | 8.68¢ | — |
| Avg Monthly Bill | $156.89 | $123.27 | $152.02 |
| Avg Monthly Usage (kWh) | 901 | 618 | — |
| Market Type | regulated | mixed | — |
Indiana has a lower residential electricity rate at 17.41¢/kWh compared to Michigan's 19.94¢/kWh — a difference of 2.53¢/kWh (12.7%).
The average monthly electric bill in Indiana is $156.89 (901 kWh/month), while in Michigan it is $123.27 (618 kWh/month). The national average is $152.02.
Indiana has a regulated electricity market, while Michigan has a mixed market.
The national average residential rate is 17.24¢/kWh. Indiana is above the national average at 17.41¢/kWh, and Michigan is above the national average at 19.94¢/kWh.
Compare Michigan's two major utilities - DTE Energy and Consumers Energy - to understand your rates and find savings.
Compare Indiana's major utilities and understand your electricity rates in Indianapolis and beyond.
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