Stephenson, Michigan Electric Utility: Rates and Coverage Area

Stephenson, Michigan Electric Utility

Electricity Rates, Plans & Statistics

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About Stephenson, Michigan Electric Utility

Stephenson, Michigan Electric Utility provides electricity in Stephenson, Michigan. There are a total of 487 customers who are receiving electricity from the company. These customers are made up of 373 residential customers, 113 commercial customers and one industrial customer. Stephenson, Michigan Electric Utility's customers are charged an average residential electricity rate of 10.98 cents per kilowatt hour, which is 40.95% less than Michigan's average price of 18.60 cents. In 2019 the company sold 6,280 megawatt hours via retail sales to end users. The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 6,872 acquired by the company. In 2019, the supplier had revenue of $713,500 from retail electricity sales to end users.

The nationwide average monthly residential power bill is $132.69, while the Stephenson, Michigan Electric Utility average is 45.95% below at $71.72 per month. The company does not have ownership in any electricity production facilities and all of the power that they sell to their consumers must be purchased wholesale from other companies.

Stephenson, Michigan Electric Utility Rate & Electric Bills

Stephenson, Michigan Electric Utility residential electric rates are highest in January and the highest average bill is in November.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.112/kWh$0.108/kWh$71.72/mo.$69.69/mo.
607th10.98¢Stephenson, Michigan Electric Utility's Average residential price per kWh
154th$71.72Average monthly electricity bill for Stephenson, Michigan Electric Utility's residential customers

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Stephenson, Michigan Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:W628 Samuel Street
    Stephenson, Michigan 49887
    United States of America

Stephenson, Michigan Electric Utility Contact

Stephenson, Michigan Electric Utility Service

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    Stephenson, Michigan Electric Utility Coverage Map

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    Stephenson, Michigan Electric Utility State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Michigan487718,90061100%

    Stephenson, Michigan Electric Utility County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Menominee County23,477718.58$91.33/mo

    Stephenson, Michigan Electric Utility Reviews

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    Stephenson, Michigan Electric Utility FAQ:

    What is the average bundled electricity rate for Stephenson, Michigan Electric Utility customers?

    Customers of Stephenson, Michigan Electric Utility, on average, have an electricity bundled rate 10.98 cents per kilowatt hour (¢/kWh).

    What is the phone number for Stephenson, Michigan Electric Utility?

    You can reach Stephenson, Michigan Electric Utility by phone via (906) 753-6228.

    How much is the average bundled bill for Stephenson, Michigan Electric Utility customers each month?

    Stephenson, Michigan Electric Utility currently has an average monthly bundled electric bill of $71.72, compared to the Michigan average of $112.44 and the nationwide of $112.44 for bundled service.

    Nick Reese
    Last Reviewed By: Nick Reese
    Published: 2023-11-10