2026 Rate Adjustment

March 1, 2026

At Consumers Power, we are proud of our efforts to serve your needs with competitively priced electricity, while balancing the need to make prudent investments in our system and continue to retire member capital credits on a regular basis. As a member-owned not-for-profit cooperative, our rates are designed not to make a profit, but simply to cover the costs of providing power. For the past 87 years, members have relied on us to manage the resources of the cooperative responsibly, and we take this stewardship seriously. 

After careful analysis and thoughtful deliberations, effective with bills mailed April 1, CPI will implement an 3% overall rate increase to meet operating costs and cover capital improvements.  The average residential member using 1,100 kWh will see an increase of $3.80 or 2.55 % per month.

Adjusting the rates will enable CPI to collect the necessary funds from its members to support ongoing investments in infrastructure reliability, account for inflation on raw materials and utility equipment, and accommodate increases in purchased power costs.