WattBuy’s Guide toElectricity in
Electricity in
Iron River
Michigan
Michigan
Here's the average monthly bill, usage, and carbon footprint of residents in Iron River
January
$583highestFebruary
$498March
$360April
$222May
$174June
$158lowestJuly
$168August
$167September
$166October
$181November
$292December
$444Carbon Emissions
1,381 lbs CO₂
Monthly Usage
1,423 kWh
Iron River's energy comes from Natural Gas, Coal, Nuclear, Wind, Solar, Petroleum, and Hydroelectric. Natural Gas is the largest source of electricity, providing 39% of Iron River's energy. Coal is the second largest source, making up 27%. Nuclear provides 19% of the energy in Iron River. Wind provides 10% of the energy in Iron River. Solar provides 3% of the energy in Iron River. Petroleum provides 1% of the energy in Iron River. Hydroelectric provides 1% of the energy in Iron River.
39%
Natural Gas
27%
Coal
19%
Nuclear
10%
Wind
3%
Solar
1%
Petroleum
1%
Hydroelectric
Solar power is on the rise, helping homeowners save on their electricity bills and power their homes sustainably.
0 kWh
Energy generated by average sized system
$14,164
Average system cost
(after federal incentive)
10 years
Payback period
Net metering policies in Iron River can help solar panel owners save money and reduce their carbon footprint. When your solar panels generate more electricity than you use, you can send the excess back to the grid and receive credit on your next bill. Just something to keep in mind when considering solar panels.
Upper Peninsula Power Co has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Residential Service | Fixed | 14¢ |
| Residential Service Power Supply Service - Non-Capacity(Optional) | Fixed | 16¢ |
| Residential Service Seasonal | Fixed | 14¢ |
| Residential Service Power Supply Service - Capacity(Optional) | Fixed | 22¢ |
| Residential Seasonal Power Supply Service - Capacity(Optional) | Fixed | 22¢ |
| Residential Heating Service - Power Supply Service Capacity | Fixed | 9¢ to 16¢ |
| Residential Heating Service - Power Supply Service Non-Capacity | Fixed | 14¢ to 22¢ |
| Residential Seasonal Power Supply Service - Non-Capacity(Optional) | Fixed | 16¢ |
| Residential Heating Service | Fixed | 8¢ to 14¢ |
We Energies - Michigan has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Residential Non-Space heating - Single-phase | Fixed | 14¢ |
| Residential and Farm Rates Three Phase (Rg1) | Fixed | 4¢ |
| Residential Service Time-of-Use Single Phase (Rg2) | TOU | 5¢ to 27¢ |
| Residential Space Heating Three Phase (Rg1) | Fixed | 4¢ |
| Residential and Farm Rates Single Phase (Rg1) | Fixed | 4¢ |
| Residential and Farm Rates Three Phase (Rg1) | Fixed | 13¢ |
| Residential Space Heating Single Phase (Rg1) | Fixed | 12¢ to 13¢ |
| Residential Service Time-of-Use Three Phase (Rg2) | TOU | 5¢ to 27¢ |
| Residential Space Heating Three Phase (Rg1) | Fixed | 12¢ to 13¢ |
| Residential Space Heating Single Phase (Rg1) | Fixed | 4¢ |
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