Owen County, Indiana Electricity Rates & Statistics

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Owen County, Indiana Electricity Overview

At an average residential rate of 15.01 cents per kilowatt hour in the county compared to the national average 16.01 cents per kilowatt hour, residents of Owen County enjoy a 6.26% 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 299,218.35 megawatt hours.

No electricity production takes place in Owen County.

Residents in Owen County pay $167.3 per month for residential electricity, compared to the national average of $138.02.

ENERGY CONSUMPTION

Total Consumption
299,218 MWh
Consumption per Capita
14.06 MWh

EMISSIONS

CO2 Emissions
194,606,170 kg
CO2 Emissions per Capita
9,145.03 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 5,734 positions to 9,781st, from last year's value of 15,515th
In Spencer, the residential electricity rate national rank increased by 9,199 positions to 6,378th, from last year's value of 15,577th
In Spencer, the residential electricity rate national rank increased by 4,916 positions to 6,378th, from last month's value of 11,294th
In Spencer, the 12 month rolling average residential electricity rate national rank increased by 406 positions to 9,781st, from last month's value of 10,187th
In Spencer, the residential electricity rate state rank increased by 36 positions to 295th, from last year's value of 331st
In Spencer, the residential electricity rate state rank increased by 35 positions to 295th, from last month's value of 330th
In Spencer, the residential electricity rate decreased by 24.05% to 11.82 ¢ / kWh, from last year's value of 15.57 ¢ / kWh
In Spencer, the 12 month rolling average residential electricity rate decreased by 9.37% to 14.04 ¢ / kWh, from last year's value of 15.49 ¢ / kWh
In Spencer, the residential electricity rate decreased by 14.91% to 11.82 ¢ / kWh, from last month's value of 13.9 ¢ / kWh
In Spencer, the 12 month rolling average residential electricity rate decreased by 2.17% to 14.04 ¢ / kWh, from last month's value of 14.35 ¢ / kWh

Commercial Electricity Prices

In Spencer, the 12 month rolling average commercial electricity bill national rank increased by 4,326 positions to 17,015th, from last year's value of 21,341st
In Spencer, the commercial electricity bill national rank increased by 5,997 positions to 14,902nd, from last year's value of 20,899th
In Spencer, the commercial electricity bill national rank increased by 2,340 positions to 14,902nd, from last month's value of 17,242nd
In Spencer, the 12 month rolling average commercial electricity bill national rank increased by 728 positions to 17,015th, from last month's value of 17,743rd
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 12 month rolling average commercial electricity bill state rank increased by 90 positions to 334th, from last month's value of 424th
In Spencer, the commercial electricity bill state rank increased by 118 positions to 333rd, from last year's value of 451st
In Spencer, the commercial electricity bill state rank increased by 95 positions to 333rd, from last month's value of 428th
In Spencer, the 12 month rolling average commercial electricity bill decreased by 16.59% to $678.97, from last year's value of $814.06
In Spencer, the commercial electricity bill decreased by 21.71% to $630.1, from last year's value of $804.8
In Spencer, the 12 month rolling average commercial electricity bill decreased by 2.1% to $678.97, from last month's value of $693.52
In Spencer, the commercial electricity bill increased by 2.04% to $630.1, from last month's value of $617.5

Industrial Electricity Prices

In Spencer, the 12 month rolling average industrial electricity rate national rank increased by 3,044 positions to 15,966th, from last year's value of 19,010th
In Spencer, the industrial electricity rate national rank dropped by 6,586 positions to 17,632nd, from last month's value of 11,046th
In Spencer, the industrial electricity rate national rank increased by 3,803 positions to 17,632nd, from last year's value of 21,435th
In Spencer, the 12 month rolling average industrial electricity rate national rank increased by 975 positions to 15,966th, from last month's value of 16,941st
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 state rank increased by 25 positions to 531st, from last month's value of 556th
In Spencer, the 12 month rolling average industrial electricity rate decreased by 16.43% to 8.61 ¢ / kWh, from last year's value of 10.3 ¢ / kWh
In Spencer, the industrial electricity rate state rank increased by 30 positions to 521st, from last year's value of 551st
In Spencer, the industrial electricity rate decreased by 23.98% to 8.85 ¢ / kWh, from last year's value of 11.64 ¢ / kWh
In Spencer, the industrial electricity rate increased by 15.67% to 8.85 ¢ / kWh, from last month's value of 7.65 ¢ / kWh
In Spencer, the industrial electricity rate state rank increased by 8 positions to 521st, from last month's value of 529th
In Spencer, the 12 month rolling average industrial electricity rate decreased by 2.63% to 8.61 ¢ / kWh, from last month's value of 8.84 ¢ / kWh

Spencer Electricity Pricing Data

Average Residential Electricity Rate for January, 2024

11.82¢ per kWh

14.91% lower than last month
24.05% lower than January last year
15.46% lower than the Indiana average
24.27% lower than the US average
295th in the state out of 582 cities
The state rank has increased by 35 since last month
The state rank has increased by 36 since January last year
6,378th in the US out of 26,964 cities
The national rank has increased by 4,916 since last month
The national rank has increased by 9,199 since January last year

12 Month Rolling Average Residential Rate

14.04¢ per kWh

2.17% lower than last month
9.37% lower than January last year
8.44% lower than the Indiana average
17.29% 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 January last year
9,781st in the US out of 26,964 cities
The national rank has increased by 406 since last month
The national rank has increased by 5,734 since January last year

Average Residential Electricity Bill for January, 2024

$142.23 per month

0.06% lower than last month
17.08% lower than January last year
2.11% lower than the Indiana average
5.79% lower than the US average
430th in the state out of 582 cities
The state rank has increased by 151 since last month
The state rank has increased by 146 since January last year
11,337th in the US out of 26,964 cities
The national rank has increased by 5,502 since last month
The national rank has increased by 9,630 since January last year

12 Month Rolling Average Residential Bill

$128.92 per month

1.86% lower than last month
16.33% lower than January last year
1.91% higher than the Indiana average
2.83% lower than the US average
456th in the state out of 582 cities
The state rank has increased by 99 since last month
The state rank has increased by 126 since January last year
12,280th in the US out of 26,964 cities
The national rank has increased by 441 since last month
The national rank has increased by 8,687 since January last year

Average Commercial Electricity Rate for January, 2024

10.75¢ per kWh

2.29% lower than last month
20.54% lower than January last year
12.87% lower than the Indiana average
19.4% lower than the US average
293rd in the state out of 582 cities
The state rank has increased by 98 since last month
The state rank has increased by 109 since January last year
8,893rd in the US out of 26,992 cities
The national rank has dropped by 521 since last month
The national rank has increased by 7,902 since January last year

12 Month Rolling Average Commercial Rate

11.05¢ per kWh

2.05% lower than last month
13.94% lower than January last year
11.3% lower than the Indiana average
21.97% lower than the US average
308th in the state out of 582 cities
The state rank has dropped by 2 since last month
The state rank has increased by 96 since January last year
8,214th in the US out of 26,992 cities
The national rank has increased by 353 since last month
The national rank has increased by 7,383 since January last year

Average Commercial Electricity Bill for January, 2024

$630.1 per month

2.04% higher than last month
21.71% lower than January last year
10.32% lower than the Indiana average
61.33% lower than the US average
333rd in the state out of 582 cities
The state rank has increased by 95 since last month
The state rank has increased by 118 since January last year
14,902nd in the US out of 26,992 cities
The national rank has increased by 2,340 since last month
The national rank has increased by 5,997 since January last year

12 Month Rolling Average Commercial Bill

$678.97 per month

2.1% lower than last month
16.59% lower than January last year
3.71% lower than the Indiana average
58.52% lower than the US average
334th in the state out of 582 cities
The state rank has increased by 90 since last month
The state rank has increased by 123 since January last year
17,015th in the US out of 26,992 cities
The national rank has increased by 728 since last month
The national rank has increased by 4,326 since January last year

Average Industrial Electricity Rate for January, 2024

8.85¢ per kWh

15.67% higher than last month
23.98% lower than January last year
7.37% higher than the Indiana average
9.92% lower than the US average
521st in the state out of 582 cities
The state rank has increased by 8 since last month
The state rank has increased by 30 since January last year
17,632nd in the US out of 26,382 cities
The national rank has dropped by 6,586 since last month
The national rank has increased by 3,803 since January last year

12 Month Rolling Average Industrial Rate

8.61¢ per kWh

2.63% lower than last month
16.43% lower than January last year
7.18% higher than the Indiana average
15.78% lower than the US average
531st in the state out of 582 cities
The state rank has increased by 25 since last month
The state rank has increased by 25 since January last year
15,966th in the US out of 26,382 cities
The national rank has increased by 975 since last month
The national rank has increased by 3,044 since January last year

Average Industrial Electricity Bill for January, 2024

$22,457.55 per month

6.13% higher than last month
27.55% lower than January last year
43.21% lower than the Indiana average
33.38% lower than the US average
547th in the state out of 582 cities
The state rank has increased by 5 since last month
The state rank has dropped by 1 since January last year
18,076th in the US out of 26,382 cities
The national rank has dropped by 1,044 since last month
The national rank has increased by 1,324 since January last year

12 Month Rolling Average Industrial Bill

$24,001.49 per month

2.88% lower than last month
21.33% lower than January last year
37.62% lower than the Indiana average
29.84% 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 is the same since January last year
18,180th in the US out of 26,382 cities
The national rank has increased by 41 since last month
The national rank has increased by 763 since January last year

Spencer, IN Electricity Overview

Spencer has an average residential electricity rate of 14.04 cents per kilowatt hour. Thankfully for the inhabitants, this price is below both the Indiana and national average prices of 14.76 and 16.01 cents per kilowatt hour, respectively. The nationwide average monthly residential power bill is $138.02, while the Spencer average is 3.74% lower at $132.86 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 9,145.03 kilograms of CO2 emissions per person due to electricity use. This adds up to total emissions of 19,652,662.6 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:

394^th14.04¢Average residential price per kWh in the city of Spencer

510^th$132.86Average 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	13.92	128.92		8,705,569.2	1,211,416,838
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	3,895
3	REMC Bloomfield, Indiana	2,343

Last Reviewed By: Fernando García

Published: 2024-04-09

Owen County, Indiana Electricity Rates & Statistics