Spiceland, Indiana Electric Utility: Rates and Coverage Area

Spiceland, Indiana Electric Utility

Electricity Rates, Plans & Statistics

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About Spiceland, Indiana Electric Utility

Spiceland, Indiana Electric Utility provides electricity in Henry County, Indiana. There are 493 residential customer accounts and 102 commercial customers receiving service from the provider. Spiceland, Indiana Electric Utility's consumers pay an average residential electricity rate of 13.50 cents per kilowatt hour. Thankfully for their consumers, this price is lower than both the state and the national average rates of 14.64 and 15.77 cents per kilowatt hour, respectively. The provider sold 13,957 megawatt hours through retail sales in 2019. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. In 2019 they had total electricity related revenue of $1,470,000, with 100.00% coming from retail sales.

The average residential power bill for a customer of Spiceland, Indiana Electric Utility is $120.55. Consumers of the supplier pay 7.58% less compared to the rest of the state. Electricity generation is not part of the Spiceland, Indiana Electric Utility business plan, as they purchase electricity at wholesale rates to then be resold to their customers.

Spiceland, Indiana Electric Utility Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.139/kWh$0.093/kWh$168.49/mo.$73.05/mo.
1420th13.50¢Spiceland, Indiana Electric Utility's Average residential price per kWh
1296th$120.55Average monthly electricity bill for Spiceland, Indiana Electric Utility's residential customers

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Spiceland, Indiana Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:130 East Main Street
    Spiceland, Indiana 47385
    United States of America
  • Director/Superintendent:Jeff Lane

Spiceland, Indiana Electric Utility Contact

Spiceland, Indiana Electric Utility Service

    • States Served:
      • Indiana
    • Counties Served:
      • Henry County
    • Major Cities Served:
      • Spiceland

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    Spiceland, Indiana Electric Utility Coverage Map

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    Spiceland, Indiana Electric Utility State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Indiana5951,641,907.28101100%

    Spiceland, Indiana Electric Utility County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Henry County48,857916.68$211.65/mo

    Spiceland, Indiana Electric Utility Reviews

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    Spiceland, Indiana Electric Utility FAQ:

    How much is the average bundled bill for Spiceland, Indiana Electric Utility customers each month?

    Spiceland, Indiana Electric Utility currently has an average monthly bundled electric bill of $120.55, compared to the Indiana average of $131.15 and the US of $131.15 for bundled service.

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

    Spiceland, Indiana Electric Utility's current average bundled electricity rate is 13.50 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 14.64 cents and the average nationwide rate of 15.77 cents.

    What is the phone number for Spiceland, Indiana Electric Utility?

    You can reach Spiceland, Indiana Electric Utility by phone via (765) 987-1211.

    Who is the CEO of Spiceland, Indiana Electric Utility?

    Spiceland, Indiana Electric Utility's CEO is Jeff Lane.

    Ginalyn Gelera
    Last Reviewed By: Ginalyn Gelera
    Published: 2022-08-01