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 114 industrial customers, 15,304 residential customers and 5,002 commercial customer accounts. The residential electricity price for patrons of Richmond Power and Light is, on average, 13.54 cents per kilowatt hour, which is 10.91% lower than the state's average price of 15.20 cents. This ranks the supplier 37th lowest for average electricity rate out of 118 suppliers in the state. The supplier had total sales and disposition of 883,857 megawatt hours in 2023, of which 856,011 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 883,857 wholesale megawatt hours. In 2023, the company made a total of $92,342,700 from retail electricity sales to end users. Their revenue from all electricity related activities was $93,176,100.
The US average monthly residential power bill is $143.38, while the Richmond Power and Light average is 1.73% more at $145.86 per month. Richmond Power and Light ranks 1765th in the US for average monthly bill amount. By megawatt hours generated, Richmond Power and Light is the 481st largest out of 3530 providers in the nation. Electricity production facilities owned by the supplier use non-renewable fuel types to generate 100.00% of their total electricity generation, or 16,259 megawatt hours. This total ranks them at 369th in the nation out of 3530 companies. There are 17,160.18 megawatt hours generated by the company from coal usage.
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 is a part of life when dealing with electricity transmission. Richmond Power and Light currently averages a loss of approximately 2.85% of the total electricity they produce. The state of Indiana has an energy loss average of 4.15% and the US average is 2.43%, giving Richmond Power and Light a rank of 488th best out of 3530 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 May and the highest average bill is in July.
Historical Electricity Rates:
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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
Richmond Power and Light Contact
- Website:www.rp-l.com
- Customer Service Phone:(765) 973-7200
- Contact Page:www.rp-l.com
- Social Media:
Richmond Power and Light Service
- Rates & Plans:www.rp-l.com
- Outage Map:ebilling.rp-l.com
- Outage Phone:(765) 973-7200
- States Served:
- Indiana
- Counties Served:
- Wayne County
- Major Cities Served:
- Richmond
- Spring Grove
Quick Facts About Richmond Power and Light
Richmond Power and Light has the 481st highest total electricity generation in the nation, generating 16,259 megawatt hours.
Richmond Power and Light has no electricity production sources and must purchase all of the electricity they sell to consumers.
Energy Loss
Richmond Power and Light's energy loss due to business operations.
Total Energy Loss
25,184MWh
488 National Rank
Power Outages
Currently, 0 customers are being tracked in Richmond Power and Light.
Customers Out:
0
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Richmond Power and Light Coverage Map
Richmond Power and Light State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Indiana | 20,448 | 102,639,170.15 | 15 | 100% |
Richmond Power and Light County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Wayne County | 66,273 | 7 | 15.34 | $183.45/mo |
Cities Richmond Power and Light Has Coverage
- Richmond, IN
- Spring Grove, IN
* 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 $145.86, compared to the Indiana average of $140.04 and the US of $140.04 for bundled service.
What is the phone number for Richmond Power and Light?
The Richmond Power and Light phone number is (765) 973-7200.
What percentage of Richmond Power and Light's electricity is generated using nonrenewable fuels?
Richmond Power and Light generates 100.00% of their electricity from nonrenewable fuels.
Who is the CEO of Richmond Power and Light?
The current CEO of Richmond Power and Light is Tony Foster II.
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 13.54 cents per kilowatt hour (¢/kWh).
What cities does Richmond Power and Light provider electricity in?
Richmond Power and Light provides electricity to 2 cities in the United States.
What percentage of Richmond Power and Light's electricity is generated from renewable fuel sources?
Power production facilities owned by or associated with Richmond Power and Light produce 0% of their electricity using renewable fuel types.
