Residential electricity prices in 48240 in October 2024 averaged approximately 19.26 cents per kilowatthour (¢/kWh), which was about 14% more than the national average rate of 16.94 ¢/kWh (October 2024). [1]
→ Electricity rates listed as zero are not currently available.
See how electricity costs in 48240 differ from the average electricity costs for the U.S. overall. [1]
On a year-over-year basis - from September 2023 to September 2024 - residential electricity prices in 48240 increased approximately 3%, from 19.49 ¢/kWh to 20.00 ¢/kWh. [1]
→ Electricity rates listed as zero are not currently available.
Residential natural gas prices in 48240 in October 2024 averaged 12.10 dollars per thousand cubic feet ($/Mcf), which was approximately 35% less than the national average rate of 18.56 $/Mcf (October 2024). [2]
→ Natural gas prices listed as zero are not currently available.
See the chart below to see a comparison of Redford natural gas prices against U.S. average prices. Compare 48240 (Redford, MI) natural gas costs to overall U.S. average costs. [2]
On a year-over-year basis, residential natural gas prices in Redford (Michigan) increased approximately 4%, from 15.66 $/Mcf (September 2023) to 16.22 $/Mcf (September 2024). [2]
→ Natural gas prices listed as zero are not currently available.
The ZIP code of 48240 (Redford, MI) has an average annual solar radiation value of 4.61 kilowatt hours per square meter per day (kWh/m2/day). Compare Redford values to both low and high values in the U.S. overall: [3]
→ Solar radiation values listed as zero are not currently available.
See the chart below for a comparison of Redford solar radiation levels against other areas in the U.S. Compare Redford levels against both 1) low average solar radition levels (WA) and also 2) high average solar radiation levels (NV). [3]
→ k/m/d: kilowatt hours per square meter per day.
→ Solar radiation values listed as zero are not currently available.
Households in the United States have benefited from falling energy prices in recent years, which has driven down the cost of living.
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Penn State researchers recently examined microgrids and discovered that they may not always be a wise economic move for communities.
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Through the analysis of publicly available data filed by electricity suppliers, the CT OCC discovered that electricity customers overpaid by $58 million in 2015.
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The ZIP code 48240 is associated with the city of Redford, MI in Wayne County. [4]
To learn more about utility rates & usage in 48240, or for other information related to utilities in Michigan, visit the U.S. Energy Information Administration.
The majority of the natural gas consumed in the United States today is produced within the United States.
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