Southern Indiana Power: Rates and Coverage Area

Southern Indiana Power

Electricity Rates, Plans & Statistics

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About Southern Indiana Power

Southern Indiana Power is an electric cooperative supplying electricity in Indiana, including cities such as Tell City, Santa Claus, Dale, Cannelton, and St. Meinrad CDP. At the moment, there are 9,505 customers of the supplier. About 0.34% of them are industrial properties, 6.53% are commercial customers and 93.13% are residential properties. Southern Indiana Power's consumers are billed an average residential electricity rate of 13.60 cents per kilowatt hour . This is below both the state and the national average rates of 14.75 and 15.64 cents per kilowatt hour, respectively. They sold 452,551 megawatt hours through retail sales in 2022. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. Their revenue for 2022 from electricity related activities was $45,633,000, with 99.54% coming from retail sales to end users.

Customers of the supplier pay an average monthly residential electricity bill of $142.35. This is 7.28% more than the US average bill of $132.69. The company is not associated with any electricity production plants and all of the electricity that they sell to their consumers must be purchased wholesale from other providers.

Southern Indiana Power Net Metering

Southern Indiana Power is one of 55 suppliers in Indiana who offer net metering to their customers. This makes it easier for people to install solar and other electricity options as they have the ability to sell unneeded electricity back into the grid.

Energy Loss

All electricity companies who generate electricity suffer from some energy loss via heat depletion or other causes. Southern Indiana Power is no different, as they have a yearly loss of roughly 2.05% of the electricity they transmit. The state of Indiana has an energy loss average of 4.25% and the US average is 2.87%, giving Southern Indiana Power a rank of 10th best out of 111 suppliers who report energy loss in the state.

Southern Indiana Power Rate & Electric Bills

Southern Indiana Power residential electric rates are highest in January and the highest average bill is in October.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.136/kWh$0.128/kWh$142.35/mo.$131.14/mo.
1768th13.60¢Southern Indiana Power's Average residential price per kWh
2088th$142.35Average monthly electricity bill for Southern Indiana Power's residential customers

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Southern Indiana Power Overview

  • Company Type:Cooperative
  • Headquarters:1776 10th Street
    Tell City, Indiana 47586
    United States of America
  • CEO:Steve Seibert

Southern Indiana Power Contact

Southern Indiana Power Service

Energy Loss

Southern Indiana Power's energy loss due to business operations.

-2.05%

Total Energy Loss

9,482MWh

202 National Rank

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Southern Indiana Power Coverage Map

Coverage Map Placeholder

Southern Indiana Power State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Indiana9,50545,423,00034100%

Southern Indiana Power County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Dubois County43,474612.58$131.82/mo
Perry County19,151413.58$141.49/mo
Spencer County19,949214.42$143.77/mo
Warrick County65,185417.01$147.07/mo

Cities Southern Indiana Power Has Coverage

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

Southern Indiana Power Reviews

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Southern Indiana Power FAQ:

Who is the CEO of Southern Indiana Power?

Steve Seibert is the CEO of Southern Indiana Power.

What is the average bundled bill for Southern Indiana Power customers each month?

Consumers of Southern Indiana Power pay, on average, a monthly bundled bill of $142.35.

How many counties does Southern Indiana Power have customers in to?

Southern Indiana Power provides electricity in 4 counties.

What is the phone number for Southern Indiana Power?

You can reach Southern Indiana Power by phone via (800) 323-2316.

What is the average bundled electricity rate for Southern Indiana Power customers?

The average bundled rate of electricity for customers of Southern Indiana Power is 13.60 cents per kilowatt hour (¢/kWh).

What cities does Southern Indiana Power supply electricity to?

Southern Indiana Power has customers in 7 cities throughout the United States.

Matt Hope
Last Reviewed By: Matt Hope
Published: 2023-12-06