Electricity Rates, Plans & Statistics
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About Traverse City Light & Power
Traverse City Light & Power is a municipally owned organization serving Traverse City, Michigan and other areas of Grand Traverse County. The provider recently disclosed a total of 11,871 total customers, 74.48% of which are residential customers, 25.20% are commercial customer accounts and 0.32% are industrial accounts. Traverse City Light & Power averages 11.97 cents per kilowatt hour billed to their customers for residential electricity, which is 36.80% lower than the average Michigan rate of 18.95 cents. Of the 340,444 megawatt hours the company sold and dispossessed, 340,067 were via sales to end users. During the same timeframe, the provider purchased 340,444 megawatt hours via the wholesale market. In 2022 they had total electricity related revenue of $37,414,300, with 91.11% coming from retail sales.
Customers of the provider pay an average monthly residential electric bill of $64.82. This is 37.15% below the Michigan average of $115.33. The supplier does not have ownership in any electricity generation facilities and all of the megawatt hours that they sell to their consumers must be purchased wholesale from other companies. Consumers of the provider are faced with 0.71 electrical outages a year with outages lasting on average 53.47 minutes.
Traverse City Light & Power Net Metering
Traverse City Light & Power gives their customers the ability to take advantage of net metering options. Net metering allows residents to sell megawatt hours back to their company, which makes the installation of solar panels and other alternative electricity sources more financially viable.
Energy Loss
All companies who transmit electricity suffer from some energy loss via heat depletion or other factors. Traverse City Light & Power is no different, as they average an annual loss of roughly 0.11% of the total electricity they generate. This percentage of loss results in them being given a rank of 49th best out of 3526 companies who report energy loss in the nation and best out of 56 in the state.
Traverse City Light & Power Rate & Electric Bills
Traverse City Light & Power residential electric rates are highest in May and the highest average bill is in July.
Historical Electricity Rates:
797th11.97¢Traverse City Light & Power's Average residential price per kWh
95th$64.82Average monthly electricity bill for Traverse City Light & Power's residential customers
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Traverse City Light & Power Overview
- Company Type:Municipal
- Headquarters:1131 Hastings Street
Traverse City, Michigan 49686
United States of America - Director/Superintendent:Daren Dixon
Traverse City Light & Power Contact
- Website:www.tclp.org
- Customer Service Phone:(231) 922-4940
- Contact Page:www.tclp.org
- Social Media:
Traverse City Light & Power Service
- Rates & Plans:www.tclp.org
- Outage Map:outages.tclp.org
- States Served:
- Michigan
- Counties Served:
- Grand Traverse County
- Major Cities Served:
- Traverse City
- Greilickville CDP
Top 3 Lowest Average Residential Monthly Bill
Michigan, Mid-Sized Provider Category
Claim Award
Top 3 Lowest Residential Electricity Rate
Michigan, Major Provider Category
Claim Award
Top 3 Lowest Average Residential Monthly Bill
Michigan, Major Provider Category
Claim Award
Energy Loss
Traverse City Light & Power's energy loss due to business operations.
-0.11%
Total Energy Loss
377MWh
49National Rank
Grid Reliability
Length & Frequency of Traverse City Light & Power's Power Outages
53.47min.
vs. national average of 171.11 min.
0.71outages/yr
vs. national average of 1.45
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Traverse City Light & Power Coverage Map
Traverse City Light & Power State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Michigan | 11,871 | 34,595,488 | 21 | 100% |
1 states with service
Traverse City Light & Power County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Grand Traverse County | 96,464 | 5 | 17.61 | $110.58/mo |
1 counties with coverage
Traverse City Light & Power Reviews
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Traverse City Light & Power FAQ:
How much is the average bundled bill for Traverse City Light & Power customers each month?
Currently, the average monthly bundled electric bill for customers of Traverse City Light & Power is $64.82. The state average bundled bill is $115.33 and the national average is $115.33.
Who is the CEO of Traverse City Light & Power?
Daren Dixon is the CEO of Traverse City Light & Power.
When will Traverse City Light & Power power be restored?
Average outage times for Traverse City Light & Power are approximately 53.469 minutes per outage.
What is the phone number for Traverse City Light & Power?
You can reach Traverse City Light & Power by phone via (231) 922-4940.
What is the average bundled electricity rate for Traverse City Light & Power customers?
Consumers of Traverse City Light & Power, on average, have an electricity bundled rate 11.97 cents per kilowatt hour (¢/kWh).
Last Reviewed By: Alex Zdanov
Published: 2023-12-06
