Indiana Michigan Power Rates, Bills and Service Area in 2025

Indiana Michigan Power reported 537,980 residential customers on bundled service in 2025, using 848 kWh a month on average at 17.17 cents per kWh. Bundled means the utility supplies the energy and delivers it, so the price covers both. Among the 34 Indiana utilities with at least 10,000 bundled residential customers, Indiana Michigan Power ranks 30 from the lowest price.

Figures cover all of Indiana Michigan Power's states together. A utility with a large territory can have different rates in different places.

Source: U.S. Energy Information Administration, Form EIA-861 (final 2025 data), sales to ultimate customers. Price is revenue divided by sales and includes fixed charges.

EIA lists the counties where Indiana Michigan Power has distribution equipment. That covers 31 counties in Indiana, Michigan. A county can be served by more than one utility, so confirm your address with the utility or your bill.

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For 2025, Indiana Michigan Power reported an average of 142 minutes without power per customer and 1.11 interruptions per customer, with major event days left out. The typical interruption lasted about 128 minutes. For comparison, the median state averaged 127 minutes of outage per customer.

Indiana Michigan Power had about 15 more minutes of outage per customer than the median state. The Indiana figure across its utilities was 123 minutes. One interruption lasting 128 minutes and 1.11 interruptions a year per customer add up to the 142 minute total.

Source: U.S. Energy Information Administration, Form EIA-861 (final 2025 data), reliability schedule, measured under IEEE 1366. Utilities define events slightly differently, so compare with care.

• Time-of-use pricing. Indiana Michigan Power reports a residential time-of-use pricing program in its 2025 EIA filing, with about 18,615 residential customers enrolled in dynamic pricing programs of all kinds. Ask the utility which rate schedules you qualify for. How time-of-use rates work.
• Rooftop solar and net metering. EIA shows 2,346 residential net-metered systems on the Indiana Michigan Power grid in 2025, with 20.2 megawatts of capacity. How net metering works.

A private company owned by shareholders. A state commission reviews its costs and sets or approves its rates in formal rate cases. In Indiana, that review is done by the Indiana Utility Regulatory Commission.

Indiana Michigan Power is an investor-owned utility based in Indiana, and it also reports customers in 1 other state.

Indiana Michigan Power operates in the PJM power market. Power markets set wholesale costs, but your retail rate is set by the rules described above.

By residential customers, Indiana Michigan Power ranks 2nd of the 44 utilities that report homes in Indiana, with about 13.8% of the state's homes. At $145.56 a month, an average Indiana Michigan Power home pays about $50 a year less than the Indiana average of $149.72, and uses 90 kWh a month less. Indiana Michigan Power reports customers in 2 states, and this profile uses its largest, Indiana, for comparisons. 2,346 of its residential customers use net metering, or 4.4 per 1,000 homes, against 4.2 for Indiana as a whole.

Source: U.S. Energy Information Administration, Form EIA-861 (final 2025 data). Peers are other utilities of the same type in Indiana with at least 1,000 residential customers and a reported price.

See every one on the electric companies in Indiana page.

Kilowatt Atlas is not Indiana Michigan Power and does not take payments, start service or manage accounts. To pay a bill, report an outage or start service, use the website, app or phone number printed on your bill. Be careful with search ads and lookalike sites that offer to pay your bill for a fee.

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