Electricity Rates in Griffin, IN

Residents of Griffin, IN benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 2 electricity providers, with Duke Energy Indiana, LLC being the largest.

Avg. Residential Rate 14.0¢/kWh
vs. Indiana Avg. -6.7%
vs. National Avg. -21.3%
Providers 2

Electricity Providers in Griffin

Utility Residential Rate Commercial Rate Type
Duke Energy Indiana, LLC 13.0¢/kWh 10.0¢/kWh Investor Owned
Western Indiana Energy REMC 14.0¢/kWh 13.0¢/kWh Cooperative

Estimated Monthly Electric Bill

Based on the average residential rate of 14.0¢/kWh and typical US household usage of 886 kWh/month:

Griffin monthly bill $124.04
Griffin annual cost $1488.48
Indiana avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Griffin

At 14.0¢/kWh, a typical Griffin household spends approximately $1488.48/year on electricity. Solar panels could reduce this by 50–90%.

$1116/yr estimated solar savings

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

EV Charging Costs in Griffin

Charging an electric vehicle at home in Griffin costs approximately $126.00/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 Griffin, IN?

The average residential electricity rate in Griffin, IN is 14.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $124.04 for a typical household.

Who provides electricity in Griffin?

Griffin is served by 2 electricity providers. Duke Energy Indiana, LLC is the largest provider in the area, though rates and availability vary by specific address.

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

Griffin's average rate of 14.0¢/kWh is 6.7% below the Indiana state average of 15.0¢/kWh. Residents enjoy some of the lower rates in the state.