City of Charlevoix Electric

About City of Charlevoix Electric

City of Charlevoix Electric is a municipally owned organization serving Charlevoix in Charlevoix County, Michigan. At the time of the most recent government reports, the supplier had a total of 4,675 electricity customers being supplied electricity by the company. This total is made up of 0.15% industrial accounts, 19.06% commercial accounts and 80.79% residential accounts. City of Charlevoix Electric's average residential electricity price per kilowatt hour is 17.09 cents per kilowatt hour, which is 11.42% less than the state's average rate of 19.30 cents and 5.38% more than the national average of 16.22 cents. They had total sales and disposition of 59,595 megawatt hours in 2019, of which 95.07% were via retail sales. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. In 2019, the provider had revenue of $5,884,900 from retail electricity sales to end users.

The United States average monthly residential electric bill is $143.38, while the City of Charlevoix Electric average is 41.18% lower at $84.33 per month. This is the 200th lowest average monthly bill amount for a supplier in the United States. The provider currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end users.