17.16¢
per kWh, 2025
[ Indiana Michigan Power / IN ]
Indiana Michigan Power electricity rates in Indiana
NO RATE CASE ON FILE · DATA 2025
change in average rate, 2024→2025
+5.2%
vs 2024
425,007
residential customers
+20.4%
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 (17.16¢/kWh, EIA, all charges included). Your tariff, fees and taxes differ.
Rate history 2015–2025
| Year | ¢/kWh | Change | Customers |
|---|---|---|---|
| 2015 | 10.95¢ | — | 401,544 |
| 2016 | 11.30¢ | +3.2% | 402,987 |
| 2017 | 11.65¢ | +3.1% | 404,798 |
| 2018 | 12.61¢ | +8.2% | 406,865 |
| 2019 | 13.70¢ | +8.6% | 408,370 |
| 2020 | 14.25¢ | +4.0% | 411,748 |
| 2021 | 14.68¢ | +3.0% | 414,396 |
| 2022 | 15.77¢ | +7.4% | 416,618 |
| 2023 | 16.08¢ | +2.0% | 418,915 |
| 2024 | 16.31¢ | +1.4% | 422,062 |
| 2025 | 17.16¢ | +5.2% | 425,007 |
How this compares
15.96¢
Indiana average, 2025
+7.5%
Indiana Michigan Power vs IN 2025 average
−0.4%
vs US 2025 average
#5
priciest in IN
Indiana Michigan Power files with the EIA as Indiana Michigan Power Co (utility ID 9324).
Serves 25 counties in Indiana: Adams, Allen, Blackford, DeKalb, Delaware, Elkhart, Grant, Hamilton, Henry, Howard, Huntington, Jay, LaPorte, Lagrange, Madison, Marshall, Miami, Noble, Randolph, St Joseph, Steuben, Tipton, Wabash, Wells, Whitley. 155 ZIP codes.
Questions
Is Indiana Michigan Power raising rates in 2026?
No rate case for Indiana Michigan Power is on file with the Indiana Utility Regulatory Commission in our tracker. Its average residential rate moved +5.2% 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 17.16¢ per kWh in 2025 (EIA-861, revenue divided by sales, all charges included). Indiana's 2025 average was 15.96¢.
How much have Indiana Michigan Power rates gone up in five years?
+20.4% between 2020 and 2025, against +25.4% for Indiana as a whole over the latest five-year window.
How many customers does Indiana Michigan Power have in Indiana?
425,007 residential customers in 2025, across 25 counties including Adams, Allen, Blackford, 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; rate-case facts are from the Indiana Utility Regulatory Commission docket linked on this page. 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)