Madison County, IN: Electric Rates, Bills & Providers

Madison County, Indiana Electricity Rates & Statistics

Electricity Rates, Plans & Statistics

  • The average electricity bill in Madison County, IN is $143.90
  • The average electricity rate in Madison County, IN is 15.46¢

Electric Bills and Electric Rates in Madison County, IN

The average residential electric bill in Madison County, IN is $143.90 per month. Madison County, IN is the 16th most expensive county in Indiana for electricity.

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Madison County, Indiana Electricity Overview

Madison County's average residential price per kilowatt hour is 7.60% below the nationwide average price, at 15.46 cents per kilowatt hour compared to 16.73 cents.

The monthly residential electricity bill average in Madison County is $143.9, compared to the Indiana average of $144.51. Madison County residents enjoy a 0.42% lower average expense each month compared to other residents in Indiana.

Madison County emits 9,361.27 kilograms per capita of CO2 equivalent gases, compared to the Indiana average of 9,347.62.

With a population of 131,744 residents, Madison County is the 13th most populated county in Indiana.

Indiana Michigan Power is the largest supplier in Madison County when calculated by megawatt hours sold.

Madison County has the 14th highest pollution level due to electricity use in the state, releasing 1,233,291,210.48 kilograms of CO2 gases.

ENERGY CONSUMPTION

  • Total Consumption

    1,952,048 MWh

  • Consumption per Capita

    14.82 MWh

EMISSIONS

  • CO2 Emissions

    1,233,291,210 kg

  • CO2 Emissions per Capita

    9,361.27 kg

Recent Electricity Rates and Production Changes in Anderson

To see the most recent electricity rates and production changes for cities in Madison 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


Anderson Electricity Pricing Data

Average Residential Bundled Electricity Rate for November, 2024

14.56¢ per kWh

  • 7.28% higher than last month
  • 9.04% higher than November last year
  • 10.83% lower than the Indiana average
  • 14.53% lower than the US average
  • 216th in the state out of 694 cities
  • The state rank has dropped by 182 since last month
  • The state rank has dropped by 164 since November last year
  • 11,788th in the US out of 31,800 cities
  • The national rank has dropped by 4,746 since last month
  • The national rank has dropped by 1,799 since November last year

12 Month Rolling Average Residential Bundled Rate

13.35¢ per kWh

  • 0.76% higher than last month
  • 4.71% higher than November last year
  • 10.24% lower than the Indiana average
  • 19.04% lower than the US average
  • 230th in the state out of 694 cities
  • The state rank has dropped by 3 since last month
  • The state rank has dropped by 196 since November last year
  • 8,358th in the US out of 31,800 cities
  • The national rank has increased by 6 since last month
  • The national rank has dropped by 477 since November last year

Average Residential Bundled Electricity Bill for November, 2024

$96.43 per month

  • 4.2% lower than last month
  • 9.3% higher than November last year
  • 17.41% lower than the Indiana average
  • 18.44% lower than the US average
  • 31st in the state out of 694 cities
  • The state rank has increased by 76 since last month
  • The state rank has increased by 1 since November last year
  • 7,024th in the US out of 31,800 cities
  • The national rank has increased by 2,245 since last month
  • The national rank has dropped by 2,616 since November last year

12 Month Rolling Average Residential Bundled Bill

$122.6 per month

  • 0.56% higher than last month
  • 16.29% higher than November last year
  • 9.77% lower than the Indiana average
  • 13.81% lower than the US average
  • 219th in the state out of 694 cities
  • The state rank has dropped by 172 since last month
  • The state rank has dropped by 188 since November last year
  • 9,016th in the US out of 31,800 cities
  • The national rank has dropped by 469 since last month
  • The national rank has dropped by 4,545 since November last year

Anderson, IN Electricity Overview

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The average residential electricity price for Anderson is approximately 13.35 cents per kilowatt hour, which is 12.93% lower than the state's average rate of 15.33 cents. The electricity grid in the city experiences an average of 1.32 outages per consumer each year, with outages lasting about 189.94 minutes per outage. The national averages of outages and outage time frames are 1.44 outages each year and 123.49 minutes each outage. Anderson Electric sells an estimated 513,676 megawatt hours in the city a year, which is more than any other electricity supplier.

Releasing 509,805,425.91 kilograms of CO2 emissions, Anderson is the 17th highest out of 696 cities in Indiana for total emissions from electricity use. More importantly, the city averages 9,361.27 kilograms of CO2 emissions per resident, which is a better measurement of the city's pollution levels. All of the electricity used in Anderson has to be imported from surrounding cities and rural areas, since there are no power production sources in the city.

Average Residential Electricity Bills & Rates in Anderson

Anderson residential electric rates are highest in May and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.147/kWh$0.103/kWh$166.59/mo.$73.79/mo.
230th13.35¢Average residential price per kWh in the city of Anderson
219th$122.6Average residential monthly electricity bill for Anderson Residents

Electric Companies With Service in Anderson, Indiana

ProviderService TypeResidential Rate (¢)Residential Average Bill ($)City Production (MWh)Residential Sales (MWh)Residential Revenues ($)
Anderson ElectricBUNDLED13.49128.68326,098.1343,979,884.81
Indiana Michigan PowerBUNDLED16.50139.184,282,765.87706,492,900

Zips with electric coverage in Anderson, Indiana include: 46012, 46016, 46011, 46064, 46013, 46017

Elwood, IN Electricity Overview

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The average residential electricity price for Elwood is approximately 16.38 cents per kilowatt hour, which is 6.82% higher than the average state rate of 15.33 cents. The electricity grid in the city experiences an average of 1.23 outages per consumer each year, with outages lasting about 204.19 minutes per outage. The national averages of outages and outage time frames are 1.44 outages each year and 123.49 minutes each outage. Indiana Michigan Power sells an estimated 18,611.58 megawatt hours in the city a year, which is more than any other electricity supplier.

Releasing 77,651,738.15 kilograms of CO2 emissions, Elwood is the 93rd highest out of 696 cities in Indiana for total emissions from electricity use. More importantly, the city averages 9,361.27 kilograms of CO2 emissions per resident, which is a better measurement of the city's pollution levels. All of the electricity used in Elwood has to be imported from surrounding cities and rural areas, since there are no power production sources in the city.

Average Residential Electricity Bills & Rates in Elwood

Elwood residential electric rates are highest in October and the highest average bill is in August.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.191/kWh$0.106/kWh$195.89/mo.$72.98/mo.
531st16.38¢Average residential price per kWh in the city of Elwood
442nd$133.07Average residential monthly electricity bill for Elwood Residents

Electric Companies With Service in Elwood, Indiana

ProviderService TypeResidential Rate (¢)Residential Average Bill ($)City Production (MWh)Residential Sales (MWh)Residential Revenues ($)
Indiana Michigan PowerBUNDLED16.50139.184,282,765.87706,492,900

Go Solar for less than your cell phone bill.

Alexandria, IN Electricity Overview

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The average residential electricity price for Alexandria is approximately 16.38 cents per kilowatt hour, which is 6.82% higher than the average state rate of 15.33 cents. The electricity grid in the city experiences an average of 1.23 outages per consumer each year, with outages lasting about 204.19 minutes per outage. The national averages of outages and outage time frames are 1.44 outages each year and 123.49 minutes each outage. Indiana Michigan Power sells an estimated 14,185.79 megawatt hours in the city a year, which is more than any other electricity supplier.

Releasing 47,929,704.56 kilograms of CO2 emissions, Alexandria is the 127th highest out of 696 cities in Indiana for total emissions from electricity use. More importantly, the city averages 9,361.27 kilograms of CO2 emissions per resident, which is a better measurement of the city's pollution levels. All of the electricity used in Alexandria has to be imported from surrounding cities and rural areas, since there are no power production sources in the city.

Average Residential Electricity Bills & Rates in Alexandria

Alexandria residential electric rates are highest in October and the highest average bill is in August.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.191/kWh$0.106/kWh$195.89/mo.$72.98/mo.
476th16.38¢Average residential price per kWh in the city of Alexandria
442nd$133.07Average residential monthly electricity bill for Alexandria Residents

Electric Companies With Service in Alexandria, Indiana

ProviderService TypeResidential Rate (¢)Residential Average Bill ($)City Production (MWh)Residential Sales (MWh)Residential Revenues ($)
Indiana Michigan PowerBUNDLED16.50139.184,282,765.87706,492,900

Go Solar for less than your cell phone bill.

Madison County, Indiana Production Fuel Makeup

Madison County, Indiana Net Metering

Companies offering net metering in Madison County include Indiana Michigan Power, Anderson Electric, and Duke Energy Indiana Oftentimes net metering regulations are enacted at the state level, and Indiana has commendable laws and regulations for consumers interested in purchasing personal solar panels.

Energy Loss

There are 4 electricity providers in Madison County that report energy loss. Together, these 4 providers average a yearly energy loss of 5.99% of electricity generated. The nationwide average is 2.43%, resulting in Madison County having a rank of 2527th best in the US for energy loss efficiency.

Providers In Each City in Madison County:

  • Alexandria, Indiana:
    • Indiana Michigan Power: 100.00%
  • Anderson, Indiana:
    • Indiana Michigan Power: 2.14%
    • Anderson Electric: 97.86%
  • Chesterfield, Indiana:
    • Anderson Electric: 9.32%
    • Indiana Michigan Power: 90.68%
  • Country Club Heights, Indiana:
    • Anderson Electric: 100.00%
  • Edgewood, Indiana:
    • Anderson Electric: 100.00%
  • Elwood, Indiana:
    • Indiana Michigan Power: 100.00%
  • Fortville, Indiana:
    • Duke Energy Indiana: 44.76%
    • NineStar Connect: 55.24%
  • Frankton, Indiana:
    • Frankton, Indiana Electric Utility Company: 100.00%
  • Ingalls, Indiana:
    • Duke Energy Indiana: 96.80%
    • NineStar Connect: 1.74%
    • Pendleton Utilities: 1.46%
  • Lapel, Indiana:
    • Duke Energy Indiana: 100.00%
  • Markleville, Indiana:
    • Duke Energy Indiana: 100.00%
  • Orestes, Indiana:
    • Indiana Michigan Power: 100.00%
  • Pendleton, Indiana:
    • Pendleton Utilities: 90.04%
    • Duke Energy Indiana: 8.52%
    • NineStar Connect: 1.45%
  • River Forest, Indiana:
    • Anderson Electric: 100.00%
  • Summitville, Indiana:
    • Indiana Michigan Power: 100.00%
  • Woodlawn Heights, Indiana:
    • Anderson Electric: 100.00%

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

FAQ

What electricity companies offer service in Madison County, Indiana?

What electricity company is the largest provider in Madison County, Indiana?

The largest electricity company in Madison County, Indiana by megawatt hours sold is Indiana Michigan Power.

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

There are 7 electricity suppliers offering service in Madison County, Indiana.

Matt Hope
Last Reviewed By: Matt Hope
Published: 2025-07-31