EIA data through August 2026 · updated 2026-10-29

Electricity rates in 48707 — Bay City, MI

Homes in ZIP 48707 pay about 15.3¢ per kWh (City of Bay City (MI), 2024 average). The Michigan average is 23.0¢ and the U.S. average 18.2¢ (Aug 2026).

Avg. home price15.3¢per kWh
UtilityCity of Bay City (MI)
MI average23.0¢Aug 2026
U.S. average18.2¢Aug 2026
Avg. monthly bill$88576 kWh/month, 2024

What a month of electricity costs

500 kWh / month$77
900 kWh / month$138
1,200 kWh / month$184

Monthly cost at the average price of 15.3¢ per kWh. Real bills add or subtract fixed charges, tiers, time-of-use and fuel adjustments.

Where ZIP 48707 is

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Utilities serving 48707

UtilityHome priceAvg. billCustomers in MI
City of Bay City (MI)
Municipal
15.3¢
2024
$8818,028
DTE Electric Company
Investor Owned · serves Bay
22.6¢
Jan–Aug 2026
$1232,067,779
Consumers Energy Co. (MI)
Investor Owned · serves Bay
21.9¢
Jan–Aug 2026
$1201,657,843

Utilities are matched to this ZIP code by NREL’s ZIP–utility table and the EIA service-territory list for Bay; county matches may serve only part of the area. Prices are each utility’s average residential revenue per kWh.

Michigan price trend

12¢15¢18¢21¢24¢20222023202420252026Michigan averageU.S. average 12¢15¢18¢21¢24¢20222023202420252026Michigan averageU.S. average
Michigan averageU.S. average
Aug 202623.0¢per kWh
vs. 1 year ago+10.9%20.7¢
vs. 5 years ago+28.7%17.9¢
Record high23.1¢Jul 2026
Avg. home bill$172750 kWh, Aug
EIA forecast, East North Central19.1¢Dec 2027

Hover or tap the chart for exact monthly values. Source: EIA-861M (monthly, latest months preliminary); forecast: EIA Short-Term Energy Outlook (October 2026) for the East North Central region, which includes Illinois, Indiana, Michigan, Ohio, Wisconsin.

Averages, not a quote. Prices here are what each utility’s residential customers paid on average (revenue ÷ kWh sold, fixed charges included), as reported to the U.S. Energy Information Administration. Your own rate depends on your plan, season and usage — check your bill or your utility’s tariff.

Questions about 48707

How much does electricity cost in 48707?

About 15.3¢ per kWh for homes (City of Bay City (MI), 2024 average, EIA). At 900 kWh a month that is roughly $138.

Who is the electric utility for 48707?

City of Bay City (MI), with about 18,028 residential customers in Michigan; 2 other utilities also serve parts of the area.

Is electricity in MI getting more expensive?

The Michigan residential average was 23.0¢ per kWh in August 2026, up 10.9% from a year earlier; the U.S. average was 18.2¢.