Electric Rates & Providers in Owen County, IN

Owen County, Indiana Electricity Rates & Statistics

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Owen County, Indiana Electricity Overview

At an average residential rate of 14.94 cents per kilowatt hour in the county compared to the national average 16.12 cents per kilowatt hour, residents of Owen County enjoy a 7.37% discount from the national average rate.

Owen County has a population of 21,280 residents.

South Central Indiana REMC is the largest electricity provider in Owen County when calculated by megawatt hours sold.

Owen County ranks 68th out of 92 counties in the state for total electricity consumption, with its citizens consuming 300,098.82 megawatt hours.

No electricity production takes place in Owen County.

Residents in Owen County pay $158.57 per month for residential electricity, compared to the national average of $138.02.

ENERGY CONSUMPTION

  • Total Consumption

    300,099 MWh

  • Consumption per Capita

    14.1 MWh

EMISSIONS

  • CO2 Emissions

    191,696,262 kg

  • CO2 Emissions per Capita

    9,008.28 kg

Recent Electricity Rates and Production Changes in Spencer

To see the most recent electricity rates and production changes for cities in Owen County, select the city below. If you would like to get access to monthly historical data, please contact us directly by submitting a request.

Rates and Production Categories


Spencer Electricity Pricing Data

Average Residential Bundled Electricity Rate for April, 2024

14.05¢ per kWh

  • 21.43% higher than last month
  • 1.93% lower than April last year
  • 8.38% lower than the Indiana average
  • 16.92% lower than the US average
  • 351st in the state out of 694 cities
  • The state rank has dropped by 70 since last month
  • The state rank has increased by 20 since April last year
  • 9,903rd in the US out of 31,712 cities
  • The national rank has dropped by 6,057 since last month
  • The national rank has increased by 6,137 since April last year

12 Month Rolling Average Residential Bundled Rate

13.45¢ per kWh

  • 0.17% lower than last month
  • 16.23% lower than April last year
  • 7.19% lower than the Indiana average
  • 16.59% lower than the US average
  • 375th in the state out of 694 cities
  • The state rank has increased by 1 since last month
  • The state rank has increased by 81 since April last year
  • 9,176th in the US out of 31,712 cities
  • The national rank has increased by 178 since last month
  • The national rank has increased by 12,485 since April last year

Average Residential Bundled Electricity Bill for April, 2024

$104.37 per month

  • 10.41% higher than last month
  • 2.27% lower than April last year
  • 4.46% lower than the Indiana average
  • 7.43% lower than the US average
  • 437th in the state out of 694 cities
  • The state rank has dropped by 150 since last month
  • The state rank has increased by 74 since April last year
  • 12,628th in the US out of 31,712 cities
  • The national rank has dropped by 6,680 since last month
  • The national rank has increased by 5,124 since April last year

12 Month Rolling Average Residential Bundled Bill

$125.29 per month

  • 0.16% lower than last month
  • 20.5% lower than April last year
  • 3.82% lower than the Indiana average
  • 7.93% lower than the US average
  • 439th in the state out of 694 cities
  • The state rank has increased by 1 since last month
  • The state rank has increased by 138 since April last year
  • 11,806th in the US out of 31,712 cities
  • The national rank has increased by 21 since last month
  • The national rank has increased by 12,928 since April last year

Spencer, IN Electricity Overview

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Spencer has an average residential electricity rate of 13.45 cents per kilowatt hour. Thankfully for the inhabitants, this price is below both the Indiana and national average prices of 14.49 and 16.12 cents per kilowatt hour, respectively. The nationwide average monthly residential power bill is $138.02, while the Spencer average is 9.22% lower at $125.29 per month. With an estimated 243 total residential customers, Duke Energy Indiana is the largest electricity supplier in the city.

Tracking emissions on a per capita basis shows us the emissions efficiency of a city. Spencer averages 9,008.28 kilograms of CO2 emissions per person due to electricity use. This adds up to total emissions of 19,358,800.16 kilograms of CO2 emissions, ranking the city 211th highest for total emissions in Indiana. The electricity used in Spencer has to be brought in from neighboring cities and rural areas, because there are no electricity production plants in the city.

Average Residential Electricity Bills & Rates in Spencer

Spencer residential electric rates are highest in October and the highest average bill is in December.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.191/kWh$0.107/kWh$219.82/mo.$94.26/mo.
375th13.45¢Average residential price per kWh in the city of Spencer
439th$125.29Average residential monthly electricity bill for Spencer Residents

Electric Companies With Service in Spencer, Indiana

ProviderService TypeResidential Rate (¢)Residential Average Bill ($)City Production (MWh)Residential Sales (MWh)Residential Revenues ($)
Duke Energy IndianaBUNDLED13.17121.478,707,441.321,146,606,511
South Central Indiana REMCBUNDLED15.24163.24416,009.0863,418,728.85

Owen County, Indiana Details

Owen County, Indiana Net Metering

Owen County has 3 out of 3 electricity providers reporting that they offer net metering to residents with personal solar panels. The state of Indiana has pretty good state level net metering legislation.

Energy Loss

The county has 3 providers who are reporting energy loss from their power grid. The average energy loss for these suppliers is 5.01%. With a state average energy loss of 4.25%, Owen County is the 55th best county in the state for energy loss efficiency.

FAQ

Which electricity company is the largest supplier in Owen County, Indiana?

By total customer count, South Central Indiana REMC is the largest electricity company in Owen County, Indiana.

How many electric companies offer service in Owen County, Indiana?

Owen County, Indiana is home to 3 electricity suppliers operating in the area.

What electricity companies offer service in Owen County, Indiana?

County Customers RankProviderEst. County Customers
1South Central Indiana REMC9,314
2Duke Energy Indiana3,908
3REMC Bloomfield, Indiana2,220

Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-06-27