Michigan’s electricity costs for commercial customers were even with the “Top Ten” average in 2015. This represented a decline of 0.5¢ relative to 2014 for Michigan. Electricity costs for commercial customers in Michigan are higher than those in all peer states except Alabama, California, and Massachusetts and are 3% below the national average.
What It Is: Price per kilowatt-hour (kwh) of electricity for commercial users (1 = best, 50 = worst).
Why It Matters: Maintaining competitive energy costs contributes to a state’s attractiveness to businesses.
Note: 2015 rates are based on monthly reported data through August.