Indiana Michigan Power Co electricity rates in Michigan, 2025
Indiana Michigan Power Co’s 112,973 residential customers paid an average of 17.19¢ per kWh in 2025, 14% below the Michigan average of 20.03¢. The typical home used 830 kWh a month, for an average bill of $143.
- 17.19¢avg ¢/kWh (2025)+0.19¢ (+1.1%) vs 2024
- $143Avg monthly billMichigan: $127
- 830 kWhAvg monthly useMichigan: 635 kWh
- 112,973Residential customersFull-service utility
| Sector | Customers | Sales (MWh) | Revenue | ¢/kWh 2025 | ¢/kWh 2024 | Change |
|---|---|---|---|---|---|---|
| Residential | 112,973 | 1,124,815 | $193,411,300 | 17.19¢ | 17.00¢ | +0.19¢ (+1.1%) |
| Commercial | 18,892 | 982,498 | $121,274,100 | 12.34¢ | 12.15¢ | +0.19¢ (+1.6%) |
| Industrial | 723 | 521,146 | $59,482,800 | 11.41¢ | 11.62¢ | −0.21¢ (-1.8%) |
| All sectors | 132,588 | 2,628,459 | $374,168,200 | 14.24¢ | 14.09¢ | +0.14¢ (+1.0%) |
How Indiana Michigan Power Co compares
- Michigan residential average, 2025: 20.03¢ per kWh, 635 kWh a month, $127 average bill. U.S. average: 17.23¢, 874 kWh, $151.
- Among 29 full-service utilities in Michigan with at least 1,000 residential customers, Indiana Michigan Power Co ranks 13 of 29 from lowest to highest average price.
- Latest monthly figure: Michigan homes paid 22.99¢ per kWh in August 2026 (preliminary), against 20.73¢ in August 2025. Summer months often run higher than the annual average.
- From 2024 to 2025 this average rose 1.1%; the state average rose 3.8%.
- Indiana Michigan Power Co is an investor-owned utility, a private company whose rates are set by the state utility commission. Balancing authority: PJM.
Where Indiana Michigan Power Co serves
EIA lists 6 Michigan counties in its 2025 service territory: Allegan, Berrien, Cass, Kalamazoo, St Joseph, Van Buren.
55 ZIP codes are matched to Indiana Michigan Power Co in NREL’s 2024 ZIP file: 49001, 49002, 49008, 49019, 49022, 49023, 49024, 49031, 49038, 49039, 49042, 49043, 49045, 49047, 49048, 49057, 49061, 49062, 49064, 49065, 49067, 49071, 49077, 49079, 49081, 49084, 49085, 49087, 49088, 49091, 49093, 49095, 49097, 49098, 49099, 49101, 49102, 49103, 49104, 49106, 49107, 49111, 49112, 49113, 49115, 49116, 49117, 49119, 49120, 49125, 49126, 49127, 49128, 49129, 49130. Utility boundaries do not follow ZIP lines, so a ZIP can have more than one provider.
Michigan full-service utilities with similar rates
| Provider | ¢/kWh | Avg bill | Customers |
|---|---|---|---|
| City of Sturgis (MI) | 16.03¢ | $108 | 6,112 |
| City of Marquette (MI) | 16.77¢ | $88 | 15,202 |
| City of Gladstone | 16.88¢ | $92 | 2,546 |
| Wyandotte Municipal Serv Comm (MI) | 16.95¢ | $94 | 11,746 |
| Cherryland Electric Coop Inc | 17.29¢ | $122 | 35,548 |
| Upper Michigan Energy Resources Corp. | 17.46¢ | $101 | 33,339 |
| Village of L'Anse (MI) | 18.18¢ | $55 | 1,342 |
| Tri-County Electric Coop (MI) | 18.33¢ | $152 | 23,136 |
Sources
- U.S. Energy Information Administration, Annual Electric Power Industry Report, Form EIA-861, 2025 final data (f8612025.zip, file dated October 7, 2026): Sales to Ultimate Customers, Average Monthly Bill and Service Territory tables.
- EIA Form EIA-861, 2024 final data (f8612024.zip, file dated December 4, 2025), for the 2024 comparison.
- EIA Electric Power Monthly, Table 5.6.A (average price by state, August 2026 and August 2025; 2026 values are preliminary), file dated October 22, 2026.
- National Renewable Energy Laboratory via OpenEI, U.S. Electric Utility Companies and Rates: Look-up by Zipcode (2024) (investor-owned and other utilities, files dated November 10, 2025), used only to match ZIP codes to utilities.
Average price = residential revenue ÷ residential kWh sold, as reported to EIA. It includes fixed monthly charges, taxes passed through in revenue and seasonal tiers, averaged over the year. Your own rate depends on your tariff and usage.