We are in Michigan after Memorial Day weekend, and it is certainly feeling like summer now (finally). With multiple 80°F+ days in a row, your AC (and everyone else's in Michigan) has likely been cranked up. While your house has been cooling down, unfortunately, your wallet has been slowly heating up.

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Now it could be lit ablaze if you don't pay attention to when you're running that AC, because Michigan's leading electric companies, DTE Energy and Consumers Energy, have begun their summer peak rate increase.

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Here's what that means for you, and how long it will last.

Consumers Energy Summer Peak Rates

Weekdays starting June 1st to September 30th, from 2 p.m. to 7 p.m., your electrical costs will rise from 19.7 cents/kWh (kilowatt-hour) to 24.5 cents/kWh.

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DTE Energy Summer Peak Rates

DTE Energy's rate plans are more robust, offering customers a variety of different "peak" times based on their plan. For the general consumer base, from June 1st to September 30th, every weekday from 3 p.m. to 7 p.m., prices will rise from 18.44 cents/kWh to 24.13 cents/kWh. View all plans below.

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READ MORE: Uniquely Michigan Summer Traditions You’ll Love |

Now, I know exact metrics like this for us with no electrical knowledge is a bunch of hogwash, so basically, just know that the more power (AC, TV, internet, laundry, dishwasher, etc.) you use during those peak times, the more it'll cost you. To avoid your bill going up, do as many chores as you can during off-peak times.

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