Advance, Indiana Electric Utility

About Advance, Indiana Electric Utility

With their main offices in Advance, Indiana, Advance, Indiana Electric Utility provides electricity to 7 cities throughout Boone County, Indiana. At the time of the most recent government reports, the provider reported a total of 275 electricity customers signed on to receive electricity from the company. This total is made up of 12.00% commercial customers and 88.00% residential customer accounts. Consumers of Advance, Indiana Electric Utility pay an average residential electricity rate of 12.72 cents per kilowatt hour. This is, thankfully, 2.75% below the state's average rate of 13.08 cents, which ranks the provider 72nd out of 118 providers in the state for lowest average electricity price. Around 4,364 megawatt hours were sold by the supplier to retail customers in 2019. The electricity sourced by Advance, Indiana Electric Utility is made up of primarily wholesale purchased megawatt hours, with 4,774 procured by the company. Their revenue in 2019 from electricity related activities was $538,300, the sum of which came from retail sales to end users.

The nationwide average monthly residential electricity bill is $117.93, while the Advance, Indiana Electric Utility average is 34.91% higher at $159.1 per month. Advance, Indiana Electric Utility is the 2732nd ranked provider in the nation for average monthly bill amount. Electricity production is not part of the Advance, Indiana Electric Utility business model, as they purchase power at wholesale rates from other providers and then resell to their customers.

Advance, Indiana Electric Utility Rate & Electric Bills

Advance, Indiana Electric Utility residential electric rates are highest in January and the highest average bill is in March.

Historical Electric Rates:

Price Per kWHAverage Bill$0.127/kWh$0.122/kWh$159.49/mo.$159.10/mo.
1841st12.72¢Advance, Indiana Electric Utility's Average residential price per kWh
2732nd$159.1Average monthly electric bill for Advance, Indiana Electric Utility's residential customers

Advance, Indiana Electric Utility Overview

  • Company Type:Municipal

Advance, Indiana Electric Utility Service

    Advance, Indiana Electric Utility Coverage Map

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    Advance, Indiana Electric Utility State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Indiana275546,000112100%

    Advance, Indiana Electric Utility County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Boone County67,843711.99$135.36/mo

    Cities Advance, Indiana Electric Utility Has Coverage

    • Advance, IN
    • Jamestown, IN
    • Lebanon, IN
    • Thorntown, IN
    • Ulen, IN
    • Whitestown, IN
    • Zionsville, IN

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

    Advance, Indiana Electric Utility Reviews

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    Advance, Indiana Electric Utility FAQ:

    What is the average bundled electricity rate for Advance, Indiana Electric Utility customers?

    The average bundled price of electricity for customers of Advance, Indiana Electric Utility is 12.72 cents per kilowatt hour (¢/kWh).

    What is the average bundled bill for Advance, Indiana Electric Utility customers each month?

    Advance, Indiana Electric Utility currently has an average monthly bundled electric bill of $159.10, compared to the Indiana average of $123.54 and the nationwide of $123.54 for bundled service.

    What cities does Advance, Indiana Electric Utility provider electricity to?

    Advance, Indiana Electric Utility has customers in 7 cities.

    Last Reviewed By: Matt Hope
    Published: 2021-03-16Last Updated: 2021-12-22