Residential electricity prices in Hancock, MI in August 2024 averaged approximately 19.67 cents per kilowatthour (¢/kWh), which was about 18% more than the national average rate of 16.63 ¢/kWh (August 2024). [1]
→ Electricity rates listed as zero are not currently available.
See how electricity costs in Hancock differ from the average electricity costs for the U.S. overall. [1]
On a year-over-year basis - from July 2023 to July 2024 - residential electricity prices in Hancock increased approximately 1%, from 19.43 ¢/kWh to 19.71 ¢/kWh. [1]
→ Electricity rates listed as zero are not currently available.
Residential natural gas prices in Hancock in August 2024 averaged 17.70 dollars per thousand cubic feet ($/Mcf), which was approximately 24% less than the national average rate of 23.40 $/Mcf (August 2024). [2]
→ Natural gas prices listed as zero are not currently available.
See the chart below to see a comparison of Hancock natural gas prices against U.S. average prices. Compare Hancock natural gas costs to overall U.S. average costs. [2]
On a year-over-year basis, residential natural gas prices in Hancock (Michigan) increased approximately 9%, from 16.34 $/Mcf (July 2023) to 17.89 $/Mcf (July 2024). [2]
→ Natural gas prices listed as zero are not currently available.
The city of Hancock (Michigan) has an average annual solar radiation value of 4.29 kilowatt hours per square meter per day (kWh/m2/day). Compare Hancock 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 Hancock solar radiation levels against other areas in the U.S. Compare Hancock 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 city of Hancock, MI in Houghton County has an approximate population of 4,634. [4]
To learn more about utility rates & usage in Hancock, MI, or for other information related to utilities in Hancock, visit the U.S. Energy Information Administration.
Approximately 13 percent of total U.S. residential electricity consumption in 2011 was for lighting.
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