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Comprehensive Local Electricity Guide

Caspian Electricity Rates

Commercial Electricity in Caspian

^ The average commercial electricity rate in Caspian, MI is 14.72¢/kWh.[1]

Residential Electricity in Caspian

^ The average residential electricity rate in Caspian, MI is 19.36¢/kWh.[1]

Industrial Electricity in Caspian

^ The average industrial electricity rate in Caspian, MI is 5.32¢/kWh.[1]

MI Electricity

Caspian, MI Electricity Statistics

Commercial electricity rates in Caspian


  • Commercial Electricity in Caspian
    • The average commercial electricity rate in Caspian is 14.72¢/kWh.[1]
    • This average (commercial) electricity rate in Caspian is 34.68% greater than the Michigan average rate of 10.93¢/kWh.[2]
    • The average (commercial) electricity rate in Caspian is 45.89% greater than the national average rate of 10.09¢/kWh. Commercial rates in the U.S. range from 6.86¢/kWh to 34.88¢/kWh.[2]

Residential electricity rates in Caspian


  • Residential Electricity in Caspian
    • The average residential electricity rate in Caspian is 19.36¢/kWh.[1]
    • This average (residential) electricity rate in Caspian is 37.01% greater than the Michigan average rate of 14.13¢/kWh.[2]
    • The average (residential) electricity rate in Caspian is 62.96% greater than the national average rate of 11.88¢/kWh. Residential rates in the U.S. range from 8.37¢/kWh to 37.34¢/kWh.[2]

Industrial electricity rates in Caspian


  • Industrial Electricity in Caspian
    • The average industrial electricity rate in Caspian is 5.32¢/kWh.[1]
    • This average (industrial) electricity rate in Caspian is 30.18% less than the Michigan average rate of 7.62¢/kWh.[2]
    • The average (industrial) electricity rate in Caspian is 20.24% less than the national average rate of 6.67¢/kWh. Industrial rates in the U.S. range from 4.13¢/kWh to 30.82¢/kWh.[2]
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Michigan Electricity Rates & Consumption

Commercial electricity in Michigan


  • Commercial electricity rates in MI [3]
    • The average commercial electricity rate in Michigan is 10.93¢/kWh, which ranks 13th in the nation and is 8.33% greater than the national average rate of 10.09¢/kWh.[3]
  • Commercial electricity consumption in MI [3]
    • Commercial electricity consumption in Michigan averages 6,159 kWh/month, which ranks 20th in the nation and is 1.27% less than the national average of 6,238 kWh/month.
  • Commercial electricity bills in MI [3]
    • The average monthly commercial electricity bill in Michigan is $673, which ranks 12th in the nation and is 7% greater than the national average of $629.
  • electricity Learn more about commercial electricity in Michigan

Residential electricity in Michigan


  • Residential electricity rates in Michigan [3]
    • The average residential electricity rate in Michigan is 14.13¢/kWh, which ranks 12th in the nation and is 18.94% greater than the national average rate of 11.88¢/kWh.
  • Residential electricity consumption in MI [3]
    • Residential electricity consumption in Michigan averages 676 kWh/month, which ranks 41st in the nation and is 25.14% less than the national average of 903 kWh/month.
  • Residential electricity bills in MI [3]
    • The average monthly residential electricity bill in Michigan is $95, which ranks 34th in the nation and is 11.21% less than the national average of $107 per month.
  • electricity Learn more about residential electricity in Michigan

Industrial electricity in Michigan


  • Industrial electricity rates in Michigan [3]
    • The average industrial electricity rate in Michigan is 7.62¢/kWh, which ranks 14th in the nation and is 14.24% greater than the national average rate of 6.67¢/kWh.
  • Industrial electricity consumption in MI [3]
    • Industrial electricity consumption in Michigan averages 202,921 kWh/month, which ranks 17th in the nation and is 80.92% greater than the national average of 112,158 kWh/month.
  • Industrial electricity bills in MI [3]
    • The average monthly industrial electricity bill in Michigan is $15,471, which ranks 13th in the nation and is 106.75% greater than the national average of $7,483.
  • electricity Learn more about industrial electricity in Michigan

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Household Income in Caspian, MI

Caspian, MI Income Breakdown [4]


Income Summary for Caspian, MI


    • Household income: The city of Caspian has a median household income of $42,857, versus $62,843 for the U.S.[4]
    • Compared to the U.S.: Median household income in Caspian is approximately 32 percent less than the median income for the entire United States.[4]
    • Poverty level: Approximately 19.8 percent of Caspian households have incomes below poverty level.[4]
    • Electric bills: The average residential electricity bill in Michigan is about $95/month, ranking 34th in the U.S. and 11.21% less than the national average of $107.[5]

Income: Caspian vs. Nation [4]


Additional information about Caspian

About Caspian

Caspian is a city located in Iron County in the state of Michigan, and has a population of approximately 906.[6]

MI Electricity

More about Caspian utilities

For more information about Caspian electricity, or for additional resources regarding electricity & utilities in your state, visit the Energy Information Administration.

Did you know?

Nuclear energy generated little electricity 50 years ago, but in 2011 provided more than 20% of U.S. electricity.

Additional Cities in MI

References

1. ^ National Renewable Energy Laboratory

2. ^ U.S. Department of Energy

3. ^ U.S. Energy Information Administration (2012)

4. ^ United States Census Bureau

5. ^ U.S. Energy Information Administration

6. ^ United States Census Bureau

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