Indiana Michigan Power: Rates, Coverage Area, Emissions

Indiana Michigan Power

Electricity Rates, Plans & Statistics

High Power Bills?

Reduce or replace your electricity bill with solar

About Indiana Michigan Power

Indiana Michigan Power is an investor owned company supplying electricity in 3 states within the country including Ohio, Michigan, and Indiana. In addition, this service area incorporates 99 cities within these states. Electricity providers must regularly report the number of customers they have to government agencies. Recently the company disclosed a total of 611,870 customers receiving electricity from the company. Exactly 4,760 of these customers are industrial properties, 74,909 are commercial customer accounts and 532,201 are residential properties. The average residential electricity rate for Indiana Michigan Power is roughly 16.10 cents per kilowatt hour. This is 2.18% more than the nationwide average rate of 15.76 cents. In 2022 the company sold 32.40% of their disposition to other suppliers on the wholesale market. The electricity sourced by the company is made up of multiple electricity sources including 20,582,621.16 megawatt hours produced by electricity facilities they own and 7,929,822.11 procured via wholesale channels. In 2022, the provider made 74.86% of their revenue from retail electricity sales to end users and 22.53% on the wholesale electricity market.

Customers of the provider have an average monthly residential electricity bill of $129.29. This is 4.47% less than the nationwide average bill of $135.34. The supplier generates 59.91% (or 17,539,878 megawatt hours) of the electricity that it sells from nuclear plants. Electricity production facilities owned by Indiana Michigan Power produce 29,277,776.52 megawatt hours, which is the 52nd highest in the United States out of 3526 companies. The company produces 29,143,674.52 megawatt hours from non-renewable fuel types a year. This makes them 40th out of 3526 companies in the United States.

Indiana Michigan Power Net Metering

Luckily, Indiana Michigan Power allows consumers to participate in net metering programs. Installation of solar panels and alternative electricity sources is often too expensive for residents. Net metering allows purchasers of these electricity sources to sell extra megawatt hours back into the grid, making the installation of these alternative sources economically viable.

Energy Loss

Indiana Michigan Power reported an annual loss of around 4.56% of the electricity that they generate. Loss of electricity due to heat dissipation during electricity transmission and other causes is a reality of being in the electricity generation business and electricity providers must report these losses to government agencies who track electricity infrastructure efficiencies. The US energy loss average is 2.87%, giving Indiana Michigan Power a rank of 773rd best out of 3526 providers who report energy loss in the United States.

Indiana Michigan Power Rate & Electric Bills

Indiana Michigan Power residential electric rates are highest in October and the highest average bill is in August.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.195/kWh$0.104/kWh$194.52/mo.$74.72/mo.
2342nd16.10¢Indiana Michigan Power's Average residential price per kWh
1705th$129.29Average monthly electricity bill for Indiana Michigan Power's residential customers

Go Solar for less than your cell phone bill.

Indiana Michigan Power Overview

Indiana Michigan Power Contact

Indiana Michigan Power Service

Quick Facts About Indiana Michigan Power

Roughly 0.31% of Indiana Michigan Power's total electricity comes from the use of hydroelectric power.

Roughly 39.54% of Indiana Michigan Power's total electricity comes from the use of coal.

By total customers, Indiana Michigan Power is the 76th largest electricity company out of 3526 in the United States.

Indiana Michigan Power generates 0.15% of its total megawatt hours produced from solar energy sources, which ranks them 216th in the nation for percentage of total electricity production that comes from solar power sources.

Indiana Michigan Power is 436th out of the 3526 providers in the United States when considering the percentage of their fuel usage that comes from sustainable fuels.

Energy Loss

Indiana Michigan Power's energy loss due to business operations.

-4.56%

Total Energy Loss

1,747,164MWh

773 National Rank

Indiana Michigan Power Energy Makeup

Go Solar for less than your cell phone bill.

Indiana Michigan Power Coverage Map

Coverage Map Placeholder

Indiana Michigan Power State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Indiana480,0191,664,085,596379.11%
Michigan131,851341,657,154420.89%
Ohio13,809,02881

Indiana Michigan Power County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Adams County35,685316.38$174.25/mo
Allen County391,449415.42$135.43/mo
Berrien County152,900319.34$175.87/mo
Blackford County12,139216.10$131.49/mo
DeKalb County43,059615.08$121.40/mo
Delaware County112,031316.07$136.42/mo
Elkhart County206,890217.37$117.54/mo
Grant County66,022316.00$129.71/mo
Hamilton County364,921413.32$122.95/mo
Huntington County36,572413.74$155.41/mo

Power Plants Owned by Indiana Michigan Power

PlantCity/CountyStatePrimary Fuel TypeProduction (MWh)Emission (kg)Emissions/MWhToxic Chemical ReleaseClosing Date
Berrien County MI Nuclear 17,539,878
Madison IN Coal 4,914,983.025,061,560,578.211,029.82
Gallia County OH Coal 4,854,1214,756,915,612.98979.97
Spencer County IN Coal 3,669,385.014,112,070,095.621,120.64
St. Joseph County IN Solar 8,327
St. Joseph County IN Solar 3,885
Grant County IN Solar 3,358

Indiana Michigan Power Fuel Makeup

NUCLEAR
Nuclear
Nuclear
Nuclear
Nuclear
Nuclear
Nuclear
59.91%
COAL
Coal
Coal
Coal
Coal
39.54%
CONVENTIONAL HYDROELECTRIC
Conventional Hydroelectric
0.31%
SOLAR
Solar
0.15%
DISTILLATE FUEL OIL
Distillate Fuel Oil
0.10%

Cities Indiana Michigan Power Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

Indiana Michigan Power Reviews

Write a Review of Indiana Michigan Power

Indiana Michigan Power FAQ:

How many power plants are owned by or associated with Indiana Michigan Power?

Indiana Michigan Power is associated with or owns 7 power plants.

How many counties does Indiana Michigan Power offer service in?

Indiana Michigan Power provides electricity in 24 counties.

What is the average bundled bill for Indiana Michigan Power customers each month?

Currently, the average monthly bundled electric bill for customers of Indiana Michigan Power is $129.29. The United States average is $135.34 for bundled service.

Does Indiana Michigan Power have a parent company?

Indiana Michigan Power is owned by American Electric Power.

What is the phone number for Indiana Michigan Power?

Indiana Michigan Power's customer service phone number is (800) 311-4634

Does Indiana Michigan Power have any subsidiary companies?

Ohio Valley Electric Corporation is owned by Indiana Michigan Power.

Who is the CEO of Indiana Michigan Power?

The current CEO of Indiana Michigan Power is Steve Baker.

How many states does Indiana Michigan Power offer service in?

Indiana Michigan Power offers service in 3 states.

What is the average BUNDLED electricity rate for Indiana Michigan Power customers?

The average BUNDLED price of electricity for consumers of Indiana Michigan Power is 16.10 cents per kilowatt hour (¢/kWh).

What cities does Indiana Michigan Power offer service to?

Indiana Michigan Power has customers in 99 cities throughout the United States.

What percentage of Indiana Michigan Power's electricity is generated from nonrenewable fuel sources?

Electric production facilities owned by or associated with Indiana Michigan Power generate 99.54% of their electricity from nonrenewable fuel sources.

What percentage of Indiana Michigan Power's electricity is generated using renewable fuel sources?

Power facilities owned by or associated with Indiana Michigan Power produce 0.46% of their electricity from renewable fuel types.

Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-06-30