City of Richmond electricity rates
Municipal utility · Indiana · RFC region · PJM
City of Richmond is a city-owned municipal utility, governed locally rather than by the state commission, serving 16,253 homes in Indiana. Its residential customers pay an average of 12.94¢/kWh including fixed and delivery charges, 28% less than the U.S. average.
Rate basis: EIA-861 2025 annual data, adjusted to the 12 months ending 2026-07 using the state's price trend.
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City of Richmond bill estimates
| Monthly use | At average all-in rate |
|---|---|
| 500 kWh | $64.70 |
| 1,000 kWh | $129.40 |
| 1,500 kWh | $194.10 |
| 2,000 kWh | $258.80 |
City of Richmond rate history
2015–2025: +17% change in the average residential rate (10.56¢ → 12.40¢). Annual EIA-861 data.
Outages & reliability
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Reliability history
| 2025 | City of Richmond | Indiana avg | U.S. avg |
|---|---|---|---|
| Outage minutes per customer (SAIDI) | 79 | 375 | 266 |
| Outages per customer (SAIFI) | 0.87 | 1.39 | 1.34 |
| Average restoration time (CAIDI) | 90 min | — | — |
Outages in counties served (2025)
From ORNL EAGLE-I, which tracks customers without power every 15 minutes. These counts cover every utility in each county. Weighted across City of Richmond's counties, customers averaged 98 min without power.
| County | Outage min/customer | Days with outages | Peak customers out | Worst day |
|---|---|---|---|---|
| Wayne | 98 | 18 | 5,141 | 2025-12-19 |
City of Richmond service area
City of Richmond serves Wayne County in Indiana and 3 ZIP codes.
Wayne
Cities: Richmond
Programs, smart meters & solar
| Smart meters (AMI) for homes | 81% |
| Time-based rate programs | None reported |
| Net-metered solar homes | 17 |
City of Richmond at a glance
| Ownership | Municipal utility |
| Services | Distribution |
| Commercial rate | 13.04¢/kWh |
| Industrial rate | 9.60¢/kWh |
| Retail revenue (2025) | $93,414,200 |
| Electricity sold (2025) | 890,108 MWh |
| Peak demand | 154 MW summer · 151 MW winter |
| Line losses | 2.8% |
| Balancing authority | PJM |
| EIA utility ID | 15989 |
Other utilities in Indiana
Frequently asked questions
What is City of Richmond's electricity rate?
City of Richmond residential customers pay an average of 12.94¢ per kWh, all charges included (EIA-861 2025 annual data, adjusted to the 12 months ending 2026-07 using the state's price trend). That's 24% below the Indiana average of 16.94¢ and 28% below the U.S. average.
What is the average City of Richmond electric bill?
About $124 a month. The average City of Richmond home uses 961 kWh a month. At 1,000 kWh the bill would be about $129.
How many customers does City of Richmond have?
City of Richmond serves 16,253 residential customers and 21,320 customers in total in Indiana, across 1 county.
How reliable is City of Richmond?
In 2025, the average City of Richmond customer was without power for 79 min (SAIDI) over 0.87 interruptions (SAIFI), including major storms. The Indiana average was 6 hr 15 min and the U.S. average 4 hr 26 min.
Does City of Richmond offer net metering for solar?
City of Richmond had 17 residential net-metered customers in 2025 with 0.1 MW of capacity. Estimate solar savings at this utility's rate.
Sources: EIA-861 2025 and EIA-861M (through July 2026), OpenEI URDB, ORNL EAGLE-I, U.S. Census. Methodology. Spot an error? Rates change often, so confirm with City of Richmond before making decisions.