17.19¢
per kWh, 2025
[ Indiana Michigan Power / MI ]
Indiana Michigan Power electricity rates in Michigan
NO RATE CASE ON FILE · DATA 2025
change in average rate, 2024→2025
+1.1%
vs 2024
112,973
residential customers
+12.9%
since 2020
What your bill becomes
Bill today
No change on file
Difference / month · / year
Estimated at Indiana Michigan Power's average effective residential rate (17.19¢/kWh, EIA, all charges included). Your tariff, fees and taxes differ.
Rate history 2015–2025
| Year | ¢/kWh | Change | Customers |
|---|---|---|---|
| 2015 | 10.66¢ | — | 108,947 |
| 2016 | 11.05¢ | +3.7% | 109,017 |
| 2017 | 11.31¢ | +2.4% | 109,725 |
| 2018 | 12.59¢ | +11.3% | 110,179 |
| 2019 | 13.52¢ | +7.4% | 110,317 |
| 2020 | 15.23¢ | +12.7% | 110,852 |
| 2021 | 16.05¢ | +5.4% | 111,360 |
| 2022 | 16.09¢ | +0.3% | 111,731 |
| 2023 | 15.74¢ | −2.2% | 112,109 |
| 2024 | 17.00¢ | +8.0% | 112,600 |
| 2025 | 17.19¢ | +1.1% | 112,973 |
How this compares
20.03¢
Michigan average, 2025
−14.2%
Indiana Michigan Power vs MI 2025 average
−0.2%
vs US 2025 average
#17
priciest in MI
Indiana Michigan Power files with the EIA as Indiana Michigan Power Co (utility ID 9324).
Serves 6 counties in Michigan: Allegan, Berrien, Cass, Kalamazoo, St Joseph, Van Buren. 55 ZIP codes.
What the numbers show
Since 2015, Indiana Michigan Power's average residential rate has gone from 10.66¢ to 17.19¢ per kWh: +61.3% over 10 years, or about +4.9% a year. It rose in 9 of the 10 years we can compare, and the biggest one-year increase was +12.7% in 2020. The largest drop was −2.2% in 2023.
For a home using 635 kWh a month, the Michigan average, Indiana Michigan Power's 2025 rate works out to about $1,310 a year, $216 less than at Michigan's average rate of 20.03¢. Of the 30 Michigan utilities in our data with a 2025 price, it is the 17th most expensive.
Indiana Michigan Power served 108,947 homes in 2015 and 112,973 in 2025 (+3.7%), about 2% of Michigan's residential electricity customers.
Who sets Indiana Michigan Power's rates
Indiana Michigan Power is investor-owned, so it can change its base rates only by filing a rate case with the Michigan Public Service Commission. The commission holds hearings and takes public comment before it rules, and it usually approves less than the company asks for. Fuel and other pass-through charges can change between rate cases.
Commission contact: Michigan Public Service Commission. How we calculate every figure on this page: methodology.
Questions
Is Indiana Michigan Power raising rates in 2026?
No rate case for Indiana Michigan Power is on file with the Michigan Public Service Commission in our tracker. Its average residential rate moved +1.1% from 2024 to 2025. We check the commission docket monthly.
What does Indiana Michigan Power charge per kWh?
Indiana Michigan Power's average effective residential rate was 17.19¢ per kWh in 2025 (EIA-861, revenue divided by sales, all charges included). Michigan's 2025 average was 20.03¢.
How much have Indiana Michigan Power rates gone up in five years?
+12.9% between 2020 and 2025, against +29.5% for Michigan as a whole over the latest five-year window.
How many customers does Indiana Michigan Power have in Michigan?
112,973 residential customers in 2025, across 6 counties including Allegan, Berrien, Cass, according to the EIA-861 survey.
Where do these numbers come from?
Rates and customer counts are from the US Energy Information Administration's annual EIA-861 survey, which every US utility files. Nothing here is a utility bill; use it to understand the direction and size of changes.
Sources
- EIA-861 Sales to Ultimate Customers, 2015–2025 (released 2026-10-07)
- EIA-861M monthly state averages through Jul 2026
- NREL utility-by-ZIP lookup (2024)