Richmond Power and Light: Rates, Coverage Area, Emissions

Richmond Power and Light

Electricity Rates, Plans & Statistics

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About Richmond Power and Light

With headquarters in Richmond, Indiana, Richmond Power and Light operates in 2 cities throughout the state and is classified as a municipally owned entity. The provider has 119 industrial customers, 15,374 residential customers and 4,699 commercial customer accounts. The residential electricity price for patrons of Richmond Power and Light is, on average, 11.50 cents per kilowatt hour, which is 19.46% lower than the state's average price of 14.27 cents. This ranks the supplier 36th lowest for average electricity rate out of 118 suppliers in the state. The supplier had total sales and disposition of 904,376 megawatt hours in 2022, of which 870,577 megawatt hours were via retail sales. The megawatt hours sourced by the supplier primarily came from megawatt hours that they procured via the wholesale market. They purchased 904,376 wholesale megawatt hours. In 2022, the company made a total of $86,173,000 from retail electricity sales to end users. Their revenue from all electricity related activities was $87,010,700.

The United States average monthly residential power bill is $135.39, while the Richmond Power and Light average is 22.59% below at $104.81 per month. This is the 987th lowest average monthly bill amount for a provider in the United States. Richmond Power and Light is the 13th largest provider out of 111 electricity companies in Indiana based on total megawatt hours sold. Production facilities owned or managed by Richmond Power and Light produce a total of 50,370 megawatt hours, which is the 41st highest total of all companies in the state. Electricity production facilities managed by the company use non-renewable fuel sources to generate 100.00% of their total electricity generation, or 50,370 megawatt hours. They rank 321st in the nation out of 3517 suppliers.

Richmond Power and Light Net Metering

Offering net metering to consumers is a win-win situation for Richmond Power and Light and any people who receive their electricity from the company. Net metering allows residents to sell kilowatt hours back to the grid, making the purchase of solar and other electricity sources a cheaper project.

Energy Loss

Energy loss is a part of life when dealing with electricity transmission. Richmond Power and Light currently averages a loss of approximately 3.40% of the total electricity they produce. The state of Indiana has an energy loss average of 4.25% and the US average is 2.87%, giving Richmond Power and Light a rank of 461st best out of 3517 providers who report energy loss in the United States.

Richmond Power and Light Rate & Electric Bills

Richmond Power and Light residential electric rates are highest in October and the highest average bill is in August.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.136/kWh$0.094/kWh$152.07/mo.$74.48/mo.
651st11.50¢Richmond Power and Light's Average residential price per kWh
987th$104.81Average monthly electricity bill for Richmond Power and Light's residential customers

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Richmond Power and Light Overview

  • Company Type:Municipal
  • Headquarters:2000 US Highway 27 South
    Richmond, Indiana 47374
    United States of America
  • Director/Superintendent:Tony Foster II

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Richmond Power and Light Service

Quick Facts About Richmond Power and Light

Richmond Power and Light is 196th out of 3517 electric providers in the US for total megawatt hours generated from coal.

Energy provider of the year for Indiana, Major Provider Category
Lowest Residential Electricity Rate
Indiana, Major Provider Category
Claim Award

Energy Loss

Richmond Power and Light's energy loss due to business operations.

-3.40%

Total Energy Loss

30,764MWh

461 National Rank

Richmond Power and Light Energy Makeup

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Richmond Power and Light Coverage Map

Coverage Map Placeholder

Richmond Power and Light State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Indiana20,19275,570,916.5415100%

Richmond Power and Light County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Wayne County66,273713.08$139.74/mo

Power Plants Owned by Richmond Power and Light

PlantCity/CountyStatePrimary Fuel TypeProduction (MWh)Emission (kg)Emissions/MWhToxic Chemical ReleaseClosing Date
Richmond IN Coal 50,37066,595,397.371,322.12

Richmond Power and Light Fuel Makeup

COAL
Coal
Coal
Coal
Coal
Coal
Coal
Coal
Coal
Coal
Coal
98.52%
DISTILLATE FUEL OIL
Distillate Fuel Oil
1.48%

Cities Richmond Power and Light Has Coverage

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

Richmond Power and Light Reviews

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Richmond Power and Light FAQ:

How much is the average bundled bill for Richmond Power and Light customers each month?

Richmond Power and Light currently has an average monthly bundled electric bill of $104.81, compared to the Indiana average of $123.43 and the US of $123.43 for bundled service.

What cities does Richmond Power and Light provider electricity in?

Richmond Power and Light has customers in 2 cities in the United States including Indiana.

What is the average bundled electricity rate for Richmond Power and Light customers?

Consumers of Richmond Power and Light, on average, have an electricity bundled rate 11.50 cents per kilowatt hour (¢/kWh).

Who is the CEO of Richmond Power and Light?

Tony Foster II is the current CEO of Richmond Power and Light.

What percentage of Richmond Power and Light's electricity is produced from renewable fuel sources?

Richmond Power and Light generates 0% of their electricity from renewable fuel sources.

What percentage of Richmond Power and Light's electricity is generated using nonrenewable fuel types?

Richmond Power and Light generates 100.00% of their electricity from nonrenewable fuel sources.

How many power plants are owned by or associated with Richmond Power and Light?

Richmond Power and Light is associated with or owns one power plant.

What is the phone number for Richmond Power and Light?

You can reach Richmond Power and Light by phone via (765) 973-7200.

King Manalo
Last Reviewed By: King Manalo
Published: 2024-03-29