Traverse City Light & Power

Traverse City Light & Power is a municipally owned organization with headquarters in Traverse City, Michigan and supplying power to customers in Traverse City,Michigan. There are 25,624 customers of the provider. Exactly 19,116 of them are residential customers, 6,426 are commercial customers and 82 of them are industrial accounts. Traverse City Light & Power's customers purchase electricity for, on average, 10.41 cents per kilowatt hour, which is 39.18% below the state's average price of 17.12 cents. This makes the company 2nd best for average electricity price out of 29 companies in the state. There were a total of 316,168 megawatt hours sold through retail sales in 2020 by the supplier. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. In 2020, the provider made a total of $29,190,000 from retail electricity sales.

About Traverse City Light & Power

The average monthly residential power bill for a customer of Traverse City Light & Power is $55.49, while the Michigan average is $112.76. Patrons of the supplier have a 47.63% discount compared to other citizens of the state. The company currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other suppliers and then resell it at a higher rate to end consumers. Electricity sales have contributed to an increase in CO2 emission amounts of 103.92% over the course of the most recent year.

Traverse City Light & Power Net Metering

Offering net metering to consumers is a win-win situation for Traverse City Light & Power and any individuals who get their electricity from the company. This is a positive for any consumer considering installing personal solar panels, as net metering allows them to sell their unneeded electricity back to their electricity supplier.

Energy Loss

Traverse City Light & Power currently suffers from the loss of about 3.30% of the electricity that they generate. This percentage of electricity lost gives them a rank of 25th worst out of 29 companies who report energy loss in the state.

Traverse City Light & Power Rate & Electric Bills

Traverse City Light & Power residential electric rates are highest in January and the highest average bill is in July.

Historical Electric Rates:

Price Per kWHAverage Bill$0.108/kWh$0.104/kWh$55.49/mo.$52.07/mo.
411th10.41¢Traverse City Light & Power's Average residential price per kWh
74th$55.49Average monthly electric bill for Traverse City Light & Power's residential customers

Traverse City Light & Power Overview

  • Company Type:Municipal
  • Headquarters:1131 Hastings Street
    Traverse City, Michigan 49686
    United States of America
  • CEO:Timothy Arends

Traverse City Light & Power Contact

Traverse City Light & Power Service

Quick Facts About Traverse City Light & Power

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Producing 279,273,213.55 kilograms of CO2 emissions, Traverse City Light & Power ranks as the 29th worst polluting electricity provider in Michigan out of the 29 we track.

Energy provider of the year for Michigan, Mid-Sized Provider Category
Top 3 Lowest Average Residential Monthly Bill
Michigan, Mid-Sized Provider Category
Claim Award
Energy provider of the year for Michigan, Mid-Sized Provider Category
Top 3 Lowest Average Residential Monthly Bill
Michigan, Mid-Sized Provider Category
Claim Award
Energy provider of the year for Michigan, Mid-Sized Provider Category
Lowest Residential Electricity Rate
Michigan, Mid-Sized Provider Category
Claim Award

Energy Loss

Traverse City Light & Power's energy loss due to business operations.

-3.30%Light BulbIcon representing Light Bulb.

Total Energy Loss

10,790MWh

989 National Rank

Traverse City Light & Power Coverage Map

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Traverse City Light & Power State Coverage

StateArrow UpArrow pointing upwards.CustomersArrow UpArrow pointing upwards.Sales ($)Arrow UpArrow pointing upwards.State Rank Based On RevenueArrow UpArrow pointing upwards.% of Provider's Residential Sales in StateArrow UpArrow pointing upwards.
Michigan25,62458,380,00033100%

Traverse City Light & Power County Coverage

CountyArrow UpArrow pointing upwards.PopulationArrow UpArrow pointing upwards.ProvidersArrow UpArrow pointing upwards.Avg. County Rate (¢)Arrow UpArrow pointing upwards.Avg. Electric BillArrow UpArrow pointing upwards.
Grand Traverse County93,088415.91$107.83/mo

Traverse City Light & Power Reviews

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Traverse City Light & Power FAQ:

Who is the CEO of Traverse City Light & Power?

Timothy Arends is the CEO of Traverse City Light & Power.

How much is the average bill for Traverse City Light & Power customers each month?

Customers of Traverse City Light & Power pay, on average, a monthly bill of $55.49.

What is the phone number for Traverse City Light & Power?

Traverse City Light & Power's customer service phone number is (231) 922-4940

What is the average electricity rate for Traverse City Light & Power customers?

The average price of electricity for consumers of Traverse City Light & Power is 10.41 cents per kilowatt hour (¢/kWh).

Last Reviewed By: Matt Hope
Published: 2021-03-16Last Updated: 2021-08-25