WattBuy’s Guide toElectricity in
Electricity in
Loretto
Michigan
Michigan
Here's the average monthly bill, usage, and carbon footprint of residents in Loretto
January
$369highestFebruary
$86lowestMarch
$89April
$131May
$153June
$144July
$148August
$150September
$144October
$152November
$91December
$103Carbon Emissions
727 lbs CO₂
Monthly Usage
782 kWh
Loretto's energy comes from Natural Gas, Nuclear, Coal, Wind, Petroleum, Hydroelectric, and Solar. Natural Gas is the largest source of electricity, providing 42% of Loretto's energy. Nuclear is the second largest source, making up 25%. Coal provides 19% of the energy in Loretto. Wind provides 10% of the energy in Loretto. Petroleum provides 1% of the energy in Loretto. Hydroelectric provides 1% of the energy in Loretto. Solar provides 1% of the energy in Loretto.
42%
Natural Gas
25%
Nuclear
19%
Coal
10%
Wind
1%
Petroleum
1%
Hydroelectric
1%
Solar
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
$15,472
Average system cost
(after federal incentive)
10 years
Payback period
Net metering policies in Loretto 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.
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 and Farm Rates Single Phase (Rg1) | Fixed | 4¢ |
| Residential Space Heating Single Phase (Rg1) | Fixed | 4¢ |
| Residential Space Heating Single Phase (Rg1) | Fixed | 12¢ to 13¢ |
| Residential and Farm Rates Three Phase (Rg1) | Fixed | 13¢ |
| Residential Service Time-of-Use Single Phase (Rg2) | TOU | 5¢ to 27¢ |
| Residential Space Heating Three 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 | 4¢ |
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