Indiana Michigan Power Co: average rate and electric bill (2025)
Indiana Michigan Power Co (investor-owned utility, Michigan) served 112,973 homes in 2025. The average customer used 830 kWh a month and paid $143, an average price of 17.2¢ per kWh including fixed charges, riders and taxes. That is 14% below the Michigan average of 20.0¢.
What a bill costs at Indiana Michigan Power Co's average price
| Monthly usage | Estimated bill |
|---|---|
| 500 kWh | $86 |
| 1,000 kWh | $172 |
| 1,500 kWh | $258 |
The average price spreads fixed monthly charges over all kWh. At low usage your price per kWh is higher, at high usage lower. Your current tariff can differ from the 2025 average, especially after a rate case.
Calculate your bill · Heat pump vs furnace with this rate
Compare with other utilities in Michigan
| Name | ¢/kWh | Avg. bill |
|---|---|---|
| City of Holland | 11.4 | $70 |
| Cloverland Electric Co-op | 14.3 | $101 |
| Indiana Michigan Power Co | 17.2 | $143 |
| Cherryland Electric Coop Inc | 17.3 | $122 |
| Upper Michigan Energy Resources Corp. | 17.5 | $101 |
| Tri-County Electric Coop (MI) | 18.3 | $152 |
| City of Lansing | 19.4 | $104 |
| Midwest Energy Cooperative | 19.5 | $189 |
| DTE Electric Company | 20.3 | $126 |
| Great Lakes Energy Coop | 20.3 | $128 |
| Consumers Energy Co | 20.7 | $134 |
| Presque Isle Elec & Gas Coop | 23.9 | $107 |
| Upper Peninsula Power Company | 28.0 | $125 |
Source: U.S. Energy Information Administration, Form EIA-861 annual data 2025 (released October 2026), utility ID 9324. Average price = residential revenue ÷ residential kWh sold; average bill = revenue ÷ customers ÷ 12.