Electricity Rates in Collegeville, IN

The average residential electricity rate in Collegeville, IN is 16.0¢/kWh based on 2024 EIA data. The city is served by 3 utility providers. This is 6.7% above the Indiana state average.

Avg. Residential Rate 16.0¢/kWh
vs. Indiana Avg. +6.7%
vs. National Avg. -10.0%
Providers 3

Electricity Providers in Collegeville

Utility Residential Rate Commercial Rate Type
Carroll-White REMC 15.0¢/kWh 12.0¢/kWh Cooperative
Jasper County Rural E M C 15.0¢/kWh 12.0¢/kWh Cooperative
Northern Indiana Pub Serv Co 19.0¢/kWh 17.0¢/kWh Investor Owned

Estimated Monthly Electric Bill

Based on the average residential rate of 16.0¢/kWh and typical US household usage of 886 kWh/month:

Collegeville monthly bill $141.76
Collegeville annual cost $1701.12
Indiana avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Collegeville

At 16.0¢/kWh, a typical Collegeville household spends approximately $1701.12/year on electricity. Solar panels could reduce this by 50–90%.

$1276/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in Collegeville

Charging an electric vehicle at home in Collegeville costs approximately $144.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.

Frequently Asked Questions

What is the average electricity rate in Collegeville, IN?

The average residential electricity rate in Collegeville, IN is 16.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $141.76 for a typical household.

Who provides electricity in Collegeville?

Collegeville is served by 3 electricity providers. Carroll-White REMC is the largest provider in the area, though rates and availability vary by specific address.

How do Collegeville electricity rates compare to the rest of Indiana?

Collegeville's average rate of 16.0¢/kWh is 6.7% above the Indiana state average of 15.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.