Indiana Michigan Power Electricity Rates
Indiana Michigan Power residential customers pay an average of 16.5¢/kWh (EIA-861, 2024, bundled service), or about $135.94 per month — 10% above the Indiana state average. See what your bill looks like at that rate below.
16.5¢/kWh
EIA-861, 2024, bundled
$135.94
per month, residential
+10%
14.8¢/kWh state avg
What a Indiana Michigan Power bill looks like by usage
Monthly cost at Indiana Michigan Power's effective 16.5¢/kWh rate vs the Indiana average of 14.8¢/kWh. U.S. homes average about 863 kWh/month.
| Monthly usage | Indiana Michigan Power | IN average |
|---|---|---|
| 500 kWh | $82.28 | $73.85 |
| 750 kWh | $123.41 | $110.77 |
| 1,000 kWh | $164.55 | $147.70 |
| 1,250 kWh | $205.69 | $184.63 |
| 1,500 kWh | $246.83 | $221.55 |
| 2,000 kWh | $329.11 | $295.40 |
Find what drives your Indiana Michigan Power bill
Rates and averages explain the price of a kilowatt-hour, not how many you use. A plug-in energy meter logs what one corded 120 V appliance really draws over a week. A whole-home monitor logs every circuit at once, so the biggest loads on your own bill show up by name — its sensors clip on inside the panel, which is work for an electrician if that isn't you.
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Plug-in power meter
P3 International Kill A Watt P4400
Best for: Measuring what one plug-in appliance really uses
Whole-home energy monitor
Emporia Vue 3 Home Energy Monitor (16 circuit sensors)
Best for: Measuring hardwired and 240 V loads, or every circuit at once
Indiana Michigan Power rates by state
Rates and average bills differ in each state Indiana Michigan Power serves.
EV charging cost on Indiana Michigan Power
Rate is pre-filled to Indiana Michigan Power's 16.5¢/kWh. Enter your car's battery size.
Frequently asked questions
Other utilities in Indiana
Think your Indiana Michigan Power bill is too high?
Start with our guide to estimating and lowering your electric bill, then find the culprits with the appliance running-cost tables. EV driver on a time-of-use plan? See off-peak EV charging.