Michigan’s natural gas prices have been higher than the “Top Ten” average and the average peer state every year since 2009. Among peer states, only Illinois, Massachusetts, and North Carolina had more expensive natural gas in 2014.

What It Is: A weighted average of the price per thousand cubic feet of natural gas for industrial and commercial users, weighted by the proportion of consumption from each sector.   

Why It Matters: Maintaining competitive energy costs contributes to a state’s attractiveness to businesses.

Natural Gas Cost Trends

Natural Gas Cost Standings

Source: Energy Information Administration - Natural Gas Data Interactive