Electricity Rates Higher in Michigan

The Mackinac Center is out with new research Wednesday showing electricity costs are significantly higher in the state.

Since 2008 rates in Michigan have increased 20 percent more than other great lake states, this while the national average has decreased.

The researcher, Dr. Theodore Bolema, says if Michigan electricity customers want lower prices the state needs to allow more options and remove state requirements that support utility monopolies.

Coming up on WILX, more on the research and what it means for you.