Electricity Rates in Greenwood, IN
Residents of Greenwood, IN benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. The city is served by 4 electricity providers, with AES Indiana being the largest.
Electricity Providers in Greenwood
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| AES Indiana | 14.0¢/kWh | 14.0¢/kWh | Investor Owned |
| Duke Energy Indiana, LLC | 13.0¢/kWh | 10.0¢/kWh | Investor Owned |
| Johnson County Rural E M C | 14.0¢/kWh | 13.0¢/kWh | Cooperative |
| South Central Indiana REMC | 18.0¢/kWh | 15.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 15.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Greenwood
At 15.0¢/kWh, a typical Greenwood household spends approximately $1594.80/year on electricity. Solar panels could reduce this by 50–90%.
The federal solar tax credit covers 30% of installation costs through 2032.
EV Charging Costs in Greenwood
Charging an electric vehicle at home in Greenwood costs approximately $135.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.
Nearby Cities in Indiana
Frequently Asked Questions
What is the average electricity rate in Greenwood, IN?
The average residential electricity rate in Greenwood, IN is 15.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $132.90 for a typical household.
Who provides electricity in Greenwood?
Greenwood is served by 4 electricity providers. AES Indiana is the largest provider in the area, though rates and availability vary by specific address.
How do Greenwood electricity rates compare to the rest of Indiana?
Greenwood's average rate of 15.0¢/kWh is close to the Indiana state average of 15.0¢/kWh. Rates are typical for the region.