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Electricity Prices in Detroit by Year, 1979–2024

A kilowatt-hour of electricity in the Detroit area cost $0.054 in January 1979 and $0.205 in Oct 2024, up 280%. Overall U.S. prices rose 390% over the same time, so after inflation it actually got cheaper.

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$0$0.06$0.13$0.19$0.2519801990200020102020

Detroit U.S. average

Electricity price history in Detroit

Detroit area, per kilowatt-hour. "In Aug 2026 dollars" adjusts each price for inflation with the national CPI.

YearDetroitIn Aug 2026 dollarsU.S. average
Oct 2024$0.205$0.21$0.196 Aug 2026
Jan 2024$0.208$0.23$0.173
Jan 2023$0.182$0.20$0.168
Jan 2022$0.178$0.21$0.147
Jan 2021$0.175$0.22$0.136
Jan 2020$0.163$0.21$0.134
Jan 2019$0.147$0.20$0.135
Jan 2018$0.164$0.22$0.135
Jan 2017$0.167$0.23$0.134
Jan 2016$0.156$0.22$0.134
Jan 2015$0.143$0.20$0.138
Jan 2014$0.148$0.21$0.134
Jan 2013$0.152$0.22$0.129
Jan 2012$0.157$0.23$0.128
Jan 2011$0.116$0.18$0.125
Jan 2010$0.130$0.20$0.124
Jan 2009$0.122$0.19$0.126
Jan 2008$0.111$0.18$0.116
Jan 2007$0.110$0.18$0.113
Jan 2006$0.100$0.17$0.108
Jan 2005$0.090$0.16$0.094
Jan 2004$0.091$0.16$0.091
Jan 2003$0.091$0.17$0.089
Jan 2002$0.091$0.17$0.089
Jan 2001$0.092$0.18$0.088
Jan 2000$0.097$0.19$0.084
Jan 1999$0.095$0.19$0.084
Jan 1998$0.095$0.20$0.086
Jan 1997$0.097$0.20$0.092
Jan 1996$0.097$0.21$0.091
Jan 1995$0.095$0.21$0.091
Jan 1994$0.095$0.22$0.090
Jan 1993$0.095$0.22$0.089
Jan 1992$0.099$0.24$0.085
Jan 1991$0.096$0.24$0.084
Jan 1990$0.093$0.24$0.081
Jan 1989$0.090$0.25$0.079
Jan 1988$0.082$0.24$0.078
Jan 1987$0.087$0.26$0.075
Jan 1986$0.092$0.28$0.081
Jan 1985$0.082$0.26$0.079
Jan 1984$0.070$0.23$0.078
Jan 1983$0.071$0.24$0.075
Jan 1982$0.063$0.22$0.073
Jan 1981$0.062$0.24$0.063
Jan 1980$0.051$0.22$0.053
Jan 1979$0.054$0.26$0.046

Source

U.S. Bureau of Labor Statistics, Average Price Data, series APUS23B72610 (via FRED). Prices are January averages for urban areas; the newest row is the latest month published. Inflation adjustment: BLS CPI-U, all items (FRED CPIAUCNS).

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