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Indiana Michigan Power Co. electricity rates

Investor-owned utility · Michigan

Residential rate
16.68¢
per kWh incl. all charges
Avg. monthly bill
$138
830 kWh/month
vs. Michigan
-21%
state avg 21.05¢
Homes served
113K
29th cheapest of 53 in MI
Outage time
15 hr 32 min
per customer, 2025

Indiana Michigan Power Co. is a for-profit, investor-owned utility regulated by the state utility commission, serving 112,973 homes in Michigan. Its residential customers pay an average of 16.68¢/kWh including fixed and delivery charges, 7% less than the U.S. average.

Rate basis: EIA-861M monthly utility data, 12 months ending 2026-07.

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Indiana Michigan Power Co. bill estimates

Monthly useAt average all-in rateBase tariff charges*
500 kWh$83.40$72.28
1,000 kWh$166.80$137.07
1,500 kWh$250.20$201.86
2,000 kWh$333.60$266.64

*Residential (effective 2018-09-01, $7.50/month customer charge), energy and fixed charges from the OpenEI Utility Rate Database. Riders, fuel adjustments and taxes are often billed separately, so real bills usually land closer to the all-in column. Calculate your bill.

Indiana Michigan Power Co. residential rate plans

PlanEffectiveCustomer chargeEnergy charges
Residential2018-09-01$7.50 12.96¢
Residential - TODtime-of-use2018-09-01$10.08 2.9¢ (12am–7am, 9pm–12am) · 8.3¢ (7am–9pm) — summer weekdays
Residential - TODtime-of-use2018-09-01$13.08 10.0¢ (12am–7am, 9pm–12am) · 15.3¢ (7am–9pm) — summer weekdays
Residential - TOD2time-of-use2018-09-01$10.08 5.3¢ (12am–2pm, 6pm–12am) · 13.2¢ (2pm–6pm) — summer weekdays
Residential - TOD2time-of-use2018-09-01$13.08 12.3¢ (12am–2pm, 6pm–12am) · 20.2¢ (2pm–6pm) — summer weekdays
Residential - PEVtime-of-use2018-08-31$13.15 10.0¢ (12am–7am, 9pm–12am) · 15.3¢ (7am–9pm) — summer weekdays
Residential RS-OPEStime-of-use2018-08-31$9.15 9.5¢ (12am–7am, 8pm–12am) · 14.8¢ (7am–8pm) — summer weekdays
Residential2018-09-01$8.18 5.91¢

Source: OpenEI U.S. Utility Rate Database. Rates change. Check the linked tariff or your bill for current figures.

Indiana Michigan Power Co. rate history

Indiana Michigan Power Co. monthly average residential price 12¢15¢18¢21¢24¢ 23/0824/0124/0624/1125/0425/0926/0226/07 23/08: 16¢23/09: 16¢23/10: 17¢23/11: 16¢23/12: 15¢24/01: 15¢24/02: 16¢24/03: 13¢24/04: 18¢24/05: 17¢24/06: 17¢24/07: 16¢24/08: 17¢24/09: 23¢24/10: 18¢24/11: 17¢24/12: 16¢25/01: 17¢25/02: 17¢25/03: 18¢25/04: 18¢25/05: 18¢25/06: 18¢25/07: 17¢25/08: 17¢25/09: 18¢25/10: 17¢25/11: 17¢25/12: 17¢26/01: 15¢26/02: 14¢26/03: 17¢26/04: 17¢26/05: 17¢26/06: 17¢26/07: 17¢
Indiana Michigan Power Co.Michigan avg
Indiana Michigan Power Co. annual average residential price 10¢12¢15¢18¢21¢ 2015201720202021202320242025 2015: 11¢2017: 11¢2020: 15¢2021: 16¢2023: 16¢2024: 17¢2025: 17¢
Indiana Michigan Power Co.Michigan avg

2015–2025: +61% change in the average residential rate (10.66¢ → 17.20¢). Annual EIA-861 data.

Outages & reliability

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Reliability history

2025Indiana Michigan Power Co.Michigan avgU.S. avg
Outage minutes per customer (SAIDI)932669266
Outages per customer (SAIFI)1.831.431.34
Average restoration time (CAIDI)8 hr 30 min——
Outage minutes excluding major storms142160121
Indiana Michigan Power Co. outage minutes per customer by year 472925377821027 201520172019202120232025 2015: 5262016: 5612017: 4422018: 6092019: 5052020: 6442021: 9122022: 5432023: 2852024: 3592025: 932
With major eventsExcluding major events

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 Indiana Michigan Power Co.'s counties, customers averaged 34 hr 10 min without power.

CountyOutage min/customerDays with outagesPeak customers outWorst day
Cass12,99313311,9122025-03-31
Berrien5,39716619,7512025-05-16
Van Buren3,27711219,2032025-05-16
Kalamazoo2,1298551,6582025-05-16
St Joseph1,639777,0342025-03-31
Allegan8627114,0422025-05-16

Indiana Michigan Power Co. service area

Indiana Michigan Power Co. serves 6 counties in Michigan and 55 ZIP codes.

Counties served by Indiana Michigan Power Co.

Allegan, Berrien, Cass, Kalamazoo, St Joseph, Van Buren

Cities: Kalamazoo, Portage, Niles, Sturgis, Benton Harbor, Saint Joseph, Three Rivers, Fair Plain, Eastwood, Dowagiac, Comstock Northwest, Buchanan, Benton Heights, Paw Paw Lake, Paw Paw, Vicksburg, Hartford, Bridgman, Constantine, Mattawan, New Buffalo, Lawton, Decatur, Berrien Springs, Cassopolis, Watervliet, Three Oaks, Schoolcraft, White Pigeon, Coloma, Shorewood-Tower Hills-Harbert, Edwardsburg, Lake Michigan Beach, Marcellus, Stevensville

Programs, smart meters & solar

Smart meters (AMI) for homes100%
Customers with daily usage data online112,638
Time-based rate programsTime-of-use rates
Homes on time-based rates5,444
Net-metered solar homes622
Home batteries paired with solar128
Homes in demand response (e.g. thermostat rebates)13,520
Residential efficiency incentives paid (2025)$1,060,000
Residential energy saved by programs9,144 MWh

Indiana Michigan Power Co. at a glance

OwnershipInvestor-owned utility
Services—
Commercial rate12.98¢/kWh
Industrial rate12.01¢/kWh
Retail revenue (2025)$374,168,200
Electricity sold (2025)2,628,459 MWh
Balancing authorityPJM
EIA utility ID9324

Other utilities in Michigan

Compare all Michigan electric companies →

Frequently asked questions

What is Indiana Michigan Power Co.'s electricity rate?

Indiana Michigan Power Co. residential customers pay an average of 16.68¢ per kWh, all charges included (EIA-861M monthly utility data, 12 months ending 2026-07). That's 21% below the Michigan average of 21.05¢ and 7% below the U.S. average.

What is the average Indiana Michigan Power Co. electric bill?

About $138 a month. The average Indiana Michigan Power Co. home uses 830 kWh a month. At 1,000 kWh the bill would be about $167.

How many customers does Indiana Michigan Power Co. have?

Indiana Michigan Power Co. serves 112,973 residential customers and 132,635 customers in total in Michigan, across 6 counties.

How reliable is Indiana Michigan Power Co.?

In 2025, the average Indiana Michigan Power Co. customer was without power for 15 hr 32 min (SAIDI) over 1.83 interruptions (SAIFI), including major storms. Excluding major event days it was 2 hr 22 min. The Michigan average was 11 hr 9 min and the U.S. average 4 hr 26 min.

Does Indiana Michigan Power Co. offer time-of-use rates?

Yes. The OpenEI rate database lists 6 time-of-use residential plans, including Residential - TOD. Running big appliances off-peak can cut their cost. Pick the plan in the calculator above to see by how much.

Does Indiana Michigan Power Co. offer net metering for solar?

Indiana Michigan Power Co. had 622 residential net-metered customers in 2025 with 5.1 MW of capacity and 128 solar-paired batteries. 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 Indiana Michigan Power Co. before making decisions.