Affordability Performance

Every Michigan utility but one kept residential bill increases below inflation since 2020

Cumulative U.S. inflation reached 25.2% from 2020 through projected 2026. Michigan's authorized rate increases resulted in residential bills averaging 5.3 percentage points below that benchmark.

Electric utility

Gas utility

Above inflation

−5.3%

Average residential bill increase below cumulative inflation across all Michigan utilities since 2020.

18th

Michigan's 2024 national ranking for combined electric + gas bills — best in a decade. 33 states pay more.

$119/mo

Average MI residential electric bill — 16% below the $142 national average.

"Michigan families are actually paying less for energy bills as a percentage of the overall household budget than they were prior to the COVID-19 pandemic."

— MPSC 2025 Annual Report, p.37. 32 rate increase orders to 11 utilities since 2020 collectively kept bills 5.3% below cumulative CPI.

Sources: Utility-level data — MPSC 2025 Annual Report, Table 7, p.38. Inflation (25.2%) — Annual Report Table 6, p.37 (BLS 2020-2025 + MPSC projection 2026). Ranking (18th) — Annual Report p.32, EIA data. Avg bills ($119.31 vs $142.26) — Annual Report p.33, EIA Form 861.