Northern States Power Co electricity rates

It is a smaller system, serving 7,579 residential customers, which means its fixed costs are spread across a narrow base. At 14.66¢ per kilowatt-hour it is one of the cheaper places to buy electricity in Michigan, 33.4% under the statewide average of 22.01¢.

Its customers use very little electricity by national standards, 580 kilowatt-hours a month against 871 nationally. Dense housing, a mild climate or heating that runs on gas rather than electricity all push consumption down, and any of them can leave a household with a modest bill despite a high rate.

A shareholder-owned company whose rates are set by the state regulator, including an approved return on the capital it has invested. That matters because a bill is not only the cost of generating electricity: it also carries the cost of the network, and who owns that network changes how it is paid for.

In 2024 the average Northern States Power Co customer went 166 minutes without electricity across 1 interruptions. The median across the 941 utilities that report this is 185 minutes.

That is better than the typical American utility, though the figure includes major storm days and can move sharply from one year to the next.

Northern States Power Co offers time-of-use pricing to residential customers. 148 households were enrolled, about 2% of its residential base.

These plans are opt-in almost everywhere. They reward households that can move laundry, dishwashing, water heating or electric vehicle charging out of the late-afternoon peak, and they cost more than the standard rate for households that cannot. How to tell which group you are in.