Indiana Michigan Power

Electricity Rates, Plans & Statistics

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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 607,106 customers receiving electricity from the company. Exactly 4,810 of these customers are industrial properties, 74,298 are commercial customer accounts and 527,998 are residential properties. The average residential electricity rate for Indiana Michigan Power is roughly 15.43 cents per kilowatt hour. This is 9.32% more than the nationwide average rate of 14.11 cents. In 2020 the company sold 32.31% of their disposition to other suppliers on the wholesale market. The electricity sourced by the company is made up of multiple electricity sources including 21,121,299.84 megawatt hours produced by electricity facilities they own and 6,263,552.38 procured via wholesale channels. In 2020, the provider made 81.51% of their revenue from retail electricity sales to end users and 15.88% on the wholesale electricity market.

Customers of the provider have an average monthly residential electricity bill of $134.44. This is 6.74% more than the nationwide average bill of $125.95. The supplier generates 58.54% (or 18,055,431 megawatt hours) of the electricity that it sells from nuclear plants. Electricity production facilities owned by Indiana Michigan Power produce 30,840,549.5 megawatt hours, which is the 46th highest in the United States out of 3509 companies. The company produces 30,711,123.5 megawatt hours from non-renewable fuel types a year. This makes them 36th out of 3509 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 4.74% 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 2.76%, giving Indiana Michigan Power a rank of 832nd best out of 3509 providers who report energy loss in the United States.

Indiana Michigan Power Rate & Electric Bills

Indiana Michigan Power residential electric rates are highest in January and the highest average bill is in November.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.174/kWh$0.104/kWh$167.36/mo.$74.72/mo.
2574th15.43¢Indiana Michigan Power's Average residential price per kWh
2258th$134.44Average monthly electricity bill for Indiana Michigan Power's residential customers

Indiana Michigan Power Overview

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Quick Facts About Indiana Michigan Power

Roughly 0.28% of Indiana Michigan Power's total electricity comes from the use of hydroelectric power.

Roughly 40.93% 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 3509 in the United States.

Indiana Michigan Power generates 0.13% of its total megawatt hours produced from solar energy sources, which ranks them 211th in the nation for percentage of total electricity production that comes from solar power sources.

Indiana Michigan Power is 445th out of the 3509 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.

-4.74%

Total Energy Loss

1,688,335MWh

832 National Rank

Indiana Michigan Power Energy Makeup

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
Indiana475,6631,630,452,235577.65%
Michigan131,443350,252,242422.35%
Ohio17,220,00070

Indiana Michigan Power County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Adams County35,809314.14$154.26/mo
Allen County385,410414.46$136.63/mo
Berrien County154,316314.69$156.33/mo
Blackford County12,112215.16$132.99/mo
DeKalb County43,265614.27$123.17/mo
Delaware County111,903315.00$135.57/mo
Elkhart County207,047215.87$118.61/mo
Grant County66,674315.11$132.03/mo
Hamilton County347,467413.85$142.12/mo
Huntington County36,662413.08$155.89/mo

Power Plants Owned by Indiana Michigan Power

PlantCity/CountyStatePrimary Fuel TypeProduction (MWh)Emission (kg)Emissions/MWhToxic Chemical ReleaseClosing Date
Berrien County MI Nuclear 18,055,431
Madison IN Coal 5,530,1025,545,640,320.751,002.81
Gallia County OH Coal 4,874,0834,768,479,730.87978.33
Spencer County IN Coal 4,503,0155,251,583,682.11,166.24
Berrien County MI Conventional Hydroelectric 27,589
Mishawaka IN Conventional Hydroelectric 24,874
Granger CDP IN Solar 21,221
Berrien County MI Conventional Hydroelectric 15,489
St. Joseph County IN Solar 7,920
St. Joseph County MI Conventional Hydroelectric 6,443

Indiana Michigan Power Fuel Makeup

NUCLEAR
Nuclear
Nuclear
Nuclear
Nuclear
Nuclear
Nuclear
58.54%
COAL
Coal
Coal
Coal
Coal
Coal
40.93%
CONVENTIONAL HYDROELECTRIC
Conventional Hydroelectric
0.28%
SOLAR
Solar
0.13%
DISTILLATE FUEL OIL
Distillate Fuel Oil
0.11%

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

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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 14 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 $134.44. The United States average is $125.95 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 15.43 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 99.58% 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 0.42% of their electricity from renewable fuel types.

Last Reviewed By: Fernando García
Published: 2022-09-27