Traverse City Light & Power
Electricity Rates, Plans & Statistics
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About Traverse City Light & Power
Traverse City Light & Power is a municipally owned organization serving Traverse City, Michigan and other areas of Grand Traverse County. The residential electricity rate for consumers of Traverse City Light & Power is, on average, 13.86 cents per kilowatt hour, ranking the company at 12th out of 61 suppliers in Michigan and 1458th out of 2885 in the country. Of the 326,345 megawatt hours Traverse City Light & Power sold and dispossessed, 97.05% were from retail sales. During the same timeframe, the provider procured 326,345 megawatt hours through the wholesale electricity market. In 2023 they had total electricity related revenue of $40,745,000, with 89.25% from retail sales.
Customers of the provider pay an average monthly residential electric bill of $68.74. This is 36.82% below the Michigan average of $121.54. The supplier does not have ownership in any electricity generation facilities and all of the megawatt hours that they sell to their consumers must be purchased wholesale from other companies. Consumers of the provider are faced with 0.3 electrical outages a year with outages lasting on average 26.46 minutes.
Traverse City Light & Power gives their customers the ability to take advantage of net metering options. Net metering allows residents to sell megawatt hours back to their company, which makes the installation of solar panels and other alternative electricity sources more financially viable.
All companies who transmit electricity suffer from some energy loss via heat depletion or other factors. Traverse City Light & Power is no different, as they average an annual loss of roughly 2.95% of the total electricity they generate. This percentage of loss results in them being given a rank of 518th best out of 3530 companies who report energy loss in the nation and 7th best out of 56 in the state.
Traverse City Light & Power Rate & Electric Bills
Traverse City Light & Power residential electric rates are highest in May and the highest average bill is in January.
Historical Electricity Rates:
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Traverse City Light & Power Overview
- Company Type:Municipal
- Headquarters:1131 Hastings Street
Traverse City, Michigan 49686
United States of America - Director/Superintendent:Daren Dixon
Traverse City Light & Power Contact
- Website:www.tclp.org
- Customer Service Phone:(231) 922-4940
- Contact Page:www.tclp.org
- Social Media:
Traverse City Light & Power Service
- Rates & Plans:www.tclp.org
- Outage Map:outages.tclp.org
- States Served:
- Michigan
- Counties Served:
- Grand Traverse County
- Major Cities Served:
Energy Loss
Traverse City Light & Power's energy loss due to business operations.
Total Energy Loss
9,627MWh
518 National Rank
Grid Reliability
Length & Frequency of Traverse City Light & Power's Power Outages
26.46 min.
vs. national average of 123.49 min.
0.3 outages/yr
vs. national average of 1.44
Power Outages
Currently, 0 customers are being tracked in Traverse City Light & Power.
Customers Out:
0
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Traverse City Light & Power Coverage Map
Traverse City Light & Power State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Michigan | 13,480 | 37,810,021.3 | 21 | 100% |
Traverse City Light & Power County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Grand Traverse County | 96,464 | 10 | 18.70 | $119.77/mo |
Traverse City Light & Power Reviews
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Traverse City Light & Power FAQ:
How much is the average bundled bill for Traverse City Light & Power customers each month?
Currently, the average monthly bundled electric bill for customers of Traverse City Light & Power is $68.74. The state average bundled bill is $121.54 and the national average is $121.54.
Who is the CEO of Traverse City Light & Power?
Daren Dixon is the CEO of Traverse City Light & Power.
When will Traverse City Light & Power power be restored?
Average outage times for Traverse City Light & Power are approximately 26.455 minutes per outage.
What is the phone number for Traverse City Light & Power?
You can reach Traverse City Light & Power by phone via (231) 922-4940.
What is the average bundled electricity rate for Traverse City Light & Power customers?
Consumers of Traverse City Light & Power, on average, have an electricity bundled rate 13.86 cents per kilowatt hour (¢/kWh).
