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Comprehensive Local Electricity Guide

Franklin Electricity Rates

Commercial Electricity in Franklin

^ The average commercial electricity rate in Franklin, MI is 10.93¢/kWh.[1]

Residential Electricity in Franklin

^ The average residential electricity rate in Franklin, MI is 14.13¢/kWh.[1]

Industrial Electricity in Franklin

^ The average industrial electricity rate in Franklin, MI is 7.62¢/kWh.[1]

MI Electricity

Franklin, MI Electricity Statistics

Commercial electricity rates in Franklin


  • Commercial Electricity in Franklin
    • The average commercial electricity rate in Franklin is 10.93¢/kWh.[1]
    • This average (commercial) electricity rate in Franklin is equal to the Michigan average rate of 10.93¢/kWh.[2]
    • The average (commercial) electricity rate in Franklin is 8.33% 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 Franklin


  • Residential Electricity in Franklin
    • The average residential electricity rate in Franklin is 14.13¢/kWh.[1]
    • This average (residential) electricity rate in Franklin is equal to the Michigan average rate of 14.13¢/kWh.[2]
    • The average (residential) electricity rate in Franklin is 18.94% 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 Franklin


  • Industrial Electricity in Franklin
    • The average industrial electricity rate in Franklin is 7.62¢/kWh.[1]
    • This average (industrial) electricity rate in Franklin is equal to the Michigan average rate of 7.62¢/kWh.[2]
    • The average (industrial) electricity rate in Franklin is 14.24% greater 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 Franklin, MI

Franklin, MI Income Breakdown [4]


Income Summary for Franklin, MI


    • Household income: The city of Franklin has a median household income of $138,254, versus $62,843 for the U.S.[4]
    • Compared to the U.S.: Median household income in Franklin is approximately 120 percent greater than the median income for the entire United States.[4]
    • Poverty level: Approximately 1.5 percent of Franklin 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: Franklin vs. Nation [4]


Additional information about Franklin

About Franklin

Franklin is a village located in Oakland County in the state of Michigan, and has a population of approximately 3,150.[6]

MI Electricity

More about Franklin utilities

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

Did you know?

Electricity rates in Hawaii are typically more than three times the national average rate.

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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