Owen County, Indiana Electricity Rates & Statistics

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Owen County, Indiana Electricity Overview

At an average residential rate of 14.99 cents per kilowatt hour in the county compared to the national average 16.02 cents per kilowatt hour, residents of Owen County enjoy a 6.42% 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 299,859.75 megawatt hours.

No electricity production takes place in Owen County.

Residents in Owen County pay $167.17 per month for residential electricity, compared to the national average of $138.3.

ENERGY CONSUMPTION

Total Consumption
299,860 MWh
Consumption per Capita
14.09 MWh

EMISSIONS

CO2 Emissions
194,416,897 kg
CO2 Emissions per Capita
9,136.13 kg

Recent News
Cities within Owen County: Spencer, IN Electricity
Energy Loss
FAQ

Top Headlines

Residential Electricity Prices

In Spencer, the 12 month rolling average residential electricity rate national rank increased by 7,154 positions to 8,657th, from last year's value of 15,811th
In Spencer, the residential electricity rate national rank increased by 8,269 positions to 7,788th, from last year's value of 16,057th
In Spencer, the 12 month rolling average residential electricity rate national rank increased by 1,124 positions to 8,657th, from last month's value of 9,781st
In Spencer, the residential electricity rate national rank dropped by 1,410 positions to 7,788th, from last month's value of 6,378th
In Spencer, the residential electricity rate state rank dropped by 39 positions to 334th, from last month's value of 295th
In Spencer, the residential electricity rate state rank dropped by 32 positions to 334th, from last year's value of 302nd
In Spencer, the 12 month rolling average residential electricity rate decreased by 12.53% to 13.77 ¢ / kWh, from last year's value of 15.74 ¢ / kWh
In Spencer, the residential electricity rate decreased by 19.83% to 12.9 ¢ / kWh, from last year's value of 16.1 ¢ / kWh
In Spencer, the residential electricity rate increased by 9.14% to 12.9 ¢ / kWh, from last month's value of 11.82 ¢ / kWh
In Spencer, the 12 month rolling average residential electricity rate decreased by 1.89% to 13.77 ¢ / kWh, from last month's value of 14.04 ¢ / kWh

Commercial Electricity Prices

In Spencer, the 12 month rolling average commercial electricity bill national rank increased by 5,260 positions to 16,095th, from last year's value of 21,355th
In Spencer, the commercial electricity bill national rank increased by 6,128 positions to 16,317th, from last year's value of 22,445th
In Spencer, the 12 month rolling average commercial electricity bill national rank increased by 920 positions to 16,095th, from last month's value of 17,015th
In Spencer, the commercial electricity bill national rank dropped by 1,415 positions to 16,317th, from last month's value of 14,902nd
In Spencer, the 12 month rolling average commercial electricity bill state rank increased by 123 positions to 334th, from last year's value of 457th
In Spencer, the commercial electricity bill state rank increased by 119 positions to 331st, from last year's value of 450th
In Spencer, the 12 month rolling average commercial electricity bill decreased by 19.89% to $660.41, from last year's value of $824.4
In Spencer, the commercial electricity bill decreased by 27.96% to $573.59, from last year's value of $796.26
In Spencer, the commercial electricity bill decreased by 8.97% to $573.59, from last month's value of $630.1
In Spencer, the 12 month rolling average commercial electricity bill decreased by 2.73% to $660.41, from last month's value of $678.97
In Spencer, the commercial electricity bill state rank increased by 2 positions to 331st, from last month's value of 333rd

Industrial Electricity Prices

In Spencer, the 12 month rolling average industrial electricity rate national rank increased by 5,184 positions to 14,905th, from last year's value of 20,089th
In Spencer, the industrial electricity rate national rank increased by 8,726 positions to 12,992nd, from last year's value of 21,718th
In Spencer, the industrial electricity rate national rank increased by 4,640 positions to 12,992nd, from last month's value of 17,632nd
In Spencer, the 12 month rolling average industrial electricity rate national rank increased by 1,061 positions to 14,905th, from last month's value of 15,966th
In Spencer, the industrial electricity rate state rank increased by 110 positions to 436th, from last year's value of 546th
In Spencer, the industrial electricity rate state rank increased by 85 positions to 436th, from last month's value of 521st
In Spencer, the 12 month rolling average industrial electricity rate state rank increased by 25 positions to 531st, from last year's value of 556th
In Spencer, the 12 month rolling average industrial electricity rate decreased by 20.67% to 8.36 ¢ / kWh, from last year's value of 10.54 ¢ / kWh
In Spencer, the industrial electricity rate decreased by 27.26% to 8.09 ¢ / kWh, from last year's value of 11.13 ¢ / kWh
In Spencer, the industrial electricity rate decreased by 8.55% to 8.09 ¢ / kWh, from last month's value of 8.85 ¢ / kWh
In Spencer, the 12 month rolling average industrial electricity rate decreased by 2.94% to 8.36 ¢ / kWh, from last month's value of 8.61 ¢ / kWh

Spencer Electricity Pricing Data

Average Residential Electricity Rate for February, 2024

12.9¢ per kWh

9.14% higher than last month
19.83% lower than February last year
12.5% lower than the Indiana average
20.81% lower than the US average
334th in the state out of 582 cities
The state rank has dropped by 39 since last month
The state rank has dropped by 32 since February last year
7,788th in the US out of 26,964 cities
The national rank has dropped by 1,410 since last month
The national rank has increased by 8,269 since February last year

12 Month Rolling Average Residential Rate

13.77¢ per kWh

1.89% lower than last month
12.53% lower than February last year
8.96% lower than the Indiana average
18.69% lower than the US average
334th in the state out of 582 cities
The state rank is the same since last month
The state rank is the same since February last year
8,657th in the US out of 26,964 cities
The national rank has increased by 1,124 since last month
The national rank has increased by 7,154 since February last year

Average Residential Electricity Bill for February, 2024

$131.34 per month

7.66% lower than last month
15.7% lower than February last year
5.62% higher than the Indiana average
4.76% higher than the US average
580th in the state out of 582 cities
The state rank has dropped by 150 since last month
The state rank is the same since February last year
16,416th in the US out of 26,964 cities
The national rank has dropped by 5,079 since last month
The national rank has increased by 6,068 since February last year

12 Month Rolling Average Residential Bill

$126.88 per month

1.58% lower than last month
17.52% lower than February last year
1.49% higher than the Indiana average
4.27% lower than the US average
459th in the state out of 582 cities
The state rank has dropped by 3 since last month
The state rank has increased by 123 since February last year
11,913th in the US out of 26,964 cities
The national rank has increased by 367 since last month
The national rank has increased by 8,669 since February last year

Average Commercial Electricity Rate for February, 2024

10.86¢ per kWh

1.01% higher than last month
19.3% lower than February last year
13.26% lower than the Indiana average
20.26% lower than the US average
301st in the state out of 582 cities
The state rank has dropped by 8 since last month
The state rank has increased by 101 since February last year
8,500th in the US out of 26,992 cities
The national rank has increased by 393 since last month
The national rank has increased by 8,035 since February last year

12 Month Rolling Average Commercial Rate

10.83¢ per kWh

1.96% lower than last month
16.79% lower than February last year
11.87% lower than the Indiana average
23.3% lower than the US average
308th in the state out of 582 cities
The state rank is the same since last month
The state rank has increased by 96 since February last year
7,405th in the US out of 26,992 cities
The national rank has increased by 809 since last month
The national rank has increased by 8,263 since February last year

Average Commercial Electricity Bill for February, 2024

$573.59 per month

8.97% lower than last month
27.96% lower than February last year
8.49% lower than the Indiana average
65.71% lower than the US average
331st in the state out of 582 cities
The state rank has increased by 2 since last month
The state rank has increased by 119 since February last year
16,317th in the US out of 26,992 cities
The national rank has dropped by 1,415 since last month
The national rank has increased by 6,128 since February last year

12 Month Rolling Average Commercial Bill

$660.41 per month

2.73% lower than last month
19.89% lower than February last year
4.77% lower than the Indiana average
59.79% lower than the US average
334th in the state out of 582 cities
The state rank is the same since last month
The state rank has increased by 123 since February last year
16,095th in the US out of 26,992 cities
The national rank has increased by 920 since last month
The national rank has increased by 5,260 since February last year

Average Industrial Electricity Rate for February, 2024

8.09¢ per kWh

8.55% lower than last month
27.26% lower than February last year
2.01% higher than the Indiana average
17.85% lower than the US average
436th in the state out of 582 cities
The state rank has increased by 85 since last month
The state rank has increased by 110 since February last year
12,992nd in the US out of 26,382 cities
The national rank has increased by 4,640 since last month
The national rank has increased by 8,726 since February last year

12 Month Rolling Average Industrial Rate

8.36¢ per kWh

2.94% lower than last month
20.67% lower than February last year
6.12% higher than the Indiana average
18.09% lower than the US average
531st in the state out of 582 cities
The state rank is the same since last month
The state rank has increased by 25 since February last year
14,905th in the US out of 26,382 cities
The national rank has increased by 1,061 since last month
The national rank has increased by 5,184 since February last year

Average Industrial Electricity Bill for February, 2024

$23,860.49 per month

6.25% higher than last month
26.68% lower than February last year
42.24% lower than the Indiana average
22.17% lower than the US average
548th in the state out of 582 cities
The state rank has dropped by 1 since last month
The state rank has dropped by 2 since February last year
18,937th in the US out of 26,382 cities
The national rank has dropped by 861 since last month
The national rank has increased by 1,355 since February last year

12 Month Rolling Average Industrial Bill

$23,278.09 per month

3.01% lower than last month
25.65% lower than February last year
39.54% lower than the Indiana average
31.71% lower than the US average
554th in the state out of 582 cities
The state rank is the same since last month
The state rank has dropped by 22 since February last year
18,126th in the US out of 26,382 cities
The national rank has increased by 54 since last month
The national rank has increased by 799 since February last year

Spencer, IN Electricity Overview

Spencer has an average residential electricity rate of 13.78 cents per kilowatt hour. Thankfully for the inhabitants, this price is below both the Indiana and national average prices of 14.59 and 16.02 cents per kilowatt hour, respectively. The nationwide average monthly residential power bill is $138.3, while the Spencer average is 5.26% lower at $131.02 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 9,136.13 kilograms of CO2 emissions per person due to electricity use. This adds up to total emissions of 19,633,548.44 kilograms of CO2 emissions, ranking the city 212th 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 January and the highest average bill is in April.

Historical Electricity Rates:

390^th13.78¢Average residential price per kWh in the city of Spencer

506^th$131.02Average residential monthly electricity bill for Spencer Residents

Electric Companies With Service in Spencer, Indiana

Provider	Service Type	Residential Rate (¢)	Residential Average Bill ($)	City Production (MWh)	Residential Sales (MWh)	Residential Revenues ($)
Duke Energy Indiana	BUNDLED	13.64	126.9		8,758,415.02	1,194,213,636
South Central Indiana REMC	BUNDLED	15.27	172.17		462,724	70,666,000

Owen County, Indiana Details

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.

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 Rank	Provider	Est. County Customers
1	South Central Indiana REMC	9,836
2	Duke Energy Indiana	3,901
3	REMC Bloomfield, Indiana	2,343

Last Reviewed By: Fernando García

Published: 2024-04-09

Owen County, Indiana Electricity Rates & Statistics