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. Stephenson, Michigan Electric Utility's patrons are billed an average residential electricity price of 11.62 cents per kilowatt hour, which is 38.61% below the state's average rate of 18.93 cents. This ranks the provider 7th out of 60 companies in the state for best average electricity rate. In 2019 Stephenson, Michigan Electric Utility sold 6,280 megawatt hours to end users (known as retail sales). The electricity sourced by the company is made up primarily of megawatt hours they purchased on wholesale channels. This category comprises 100.00% of the total electricity sourced by the company. The provider made $713,500 in total revenue for 2019 through retail electricity sales alone.

The nationwide average monthly residential power bill is $135.98, while the Stephenson, Michigan Electric Utility average is 48.37% below at $70.21 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 May and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.119/kWh$0.102/kWh$105.36/mo.$54.99/mo.
680th11.62¢Stephenson, Michigan Electric Utility's Average residential price per kWh
135th$70.21Average 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

    • States Served:
      • Michigan
    • Counties Served:
      • Menominee County
    • Major Cities Served:

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    Stephenson, Michigan Electric Utility Coverage Map

    Coverage Map Placeholder

    Stephenson, Michigan Electric Utility State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Michigan502751,622.3261100%

    Stephenson, Michigan Electric Utility County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Menominee County23,477719.14$90.31/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 11.62 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 $70.21, compared to the Michigan average of $115.24 and the nationwide of $115.24 for bundled service.

    King Manalo
    Last Reviewed By: King Manalo
    Published: 2023-11-10