PowerBillPeek

Consumers Energy vs Xcel Energy

Xcel Energy has 15.9% cheaper electricity at 15.56¢/kWh vs 18.50¢/kWh for Consumers Energy. A typical customer saves about $26.46/month with the cheaper utility.

Consumers Energy

18.50¢

per kWh

1,900,000 customers

Michigan

Xcel Energy

15.56¢

per kWh

1,400,000 customers

Colorado

Detailed Comparison

MetricConsumers EnergyXcel EnergyNational Avg
Avg Rate18.50¢/kWh15.56¢/kWh17.22¢/kWh
Est. Monthly Bill (900 kWh)$166.50$140.04$154.98
Est. Annual Bill$1,998.00$1,680.48$1,859.76
Customers Served1,900,0001,400,000
Service StateMichiganColorado
Service TypeElectric & GasElectric & Gas

Bottom Line: Consumers Energy vs Xcel Energy

Xcel Energy offers the lower electricity rate at 15.56¢/kWh — 15.9% cheaper than Consumers Energy's 18.50¢/kWh. On a typical 900 kWh/month household, that's a savings of $26.46/month or $317.52/year.

Explore More

Was this data helpful?

Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)