Upper Peninsula Power Company Rates: Average Bill & Price per kWh

Residential rates for Upper Peninsula Power Company and how they compare to the Michigan average — 2024 EIA-861 annual data.

Data through 2024 EIA-861, verified Oct 11, 2026

Residential customers of Upper Peninsula Power Company average $117.40/month at 27.64¢/kWh — below the Michigan average of $150.77.

Avg bill (2024)$117.40/moannual average Rate27.64¢/kWh Res. customers47,660 Bill rank#7 in MIof tracked utilities

Where Upper Peninsula Power Company rates are heading

Annual residential figures from Form EIA-861, 2019–2024.

Upper Peninsula Power Company price per kWh (annual) ▲ 25.8% over 2019–2024
Upper Peninsula Power Company price per kWh (annual) 22.0¢ 24.8¢ 27.6¢ 27.6¢ 2019 2024
YearRateAvg billRes. customers
2019 21.97¢/kWh $96.92/mo 46,742
2020 22.32¢/kWh $103.11/mo 46,992
2021 22.25¢/kWh $105.63/mo 47,063
2022 23.04¢/kWh $100.90/mo 47,281
2023 25.4¢/kWh $111.99/mo 47,116
2024 27.64¢/kWh $117.40/mo 47,660

Rate context in Michigan

Statewide residential price trend (12 months) — context for Upper Peninsula Power Company's 2024 annual figure.

Michigan price per kWh (12 months) ▲ 11.9% over Jul 25–Jun 26
Michigan price per kWh (12 months) 19.5¢ 21.3¢ 23.0¢ 23.0¢ Jul 25 Jun 26

Upper Peninsula Power Company vs its state

Annual utility averages next to the latest statewide monthly figure — different windows, both labeled.

MeasureUpper Peninsula Power Compa…Michigan (latest month)
Avg bill $117.40/mo $150.77/mo
Rate 27.64¢/kWh 22.99¢/kWh

Common questions

How much is the average electric bill with Upper Peninsula Power Company?

Upper Peninsula Power Company residential customers averaged $117.40 per month in 2024 (EIA-861 annual data) — about $1,408.77 per year.

What does Upper Peninsula Power Company charge per kWh?

Upper Peninsula Power Company averaged 27.64¢ per kWh for residential service in 2024 (annual revenue divided by sales, EIA-861). Actual rates depend on your plan and season.

How does Upper Peninsula Power Company compare to the Michigan average?

Upper Peninsula Power Company bills average $117.40 — lower than the Michigan average of $150.77 (latest EIA month).

How many customers does Upper Peninsula Power Company serve?

Upper Peninsula Power Company served 47,660 residential customers in 2024, per EIA-861 — one of the largest utilities we track in MI.

Data: Form EIA-861, 2024 annual residential figures for Upper Peninsula Power Company. Bill = residential revenue ÷ customers ÷ 12; rate = revenue ÷ sales. State context uses the latest EIA monthly data. See methodology.