Electricity Rates in Holland, IN
Residents of Holland, IN benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. The city is served by 3 electricity providers, with Dubois Rural Electric Coop Inc being the largest.
Electricity Providers in Holland
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Dubois Rural Electric Coop Inc | 14.0¢/kWh | 14.0¢/kWh | Cooperative |
| Duke Energy Indiana, LLC | 13.0¢/kWh | 10.0¢/kWh | Investor Owned |
| Southern Indiana Gas & Elec Co | 18.0¢/kWh | 16.0¢/kWh | Investor Owned |
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 Holland
At 15.0¢/kWh, a typical Holland 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 Holland
Charging an electric vehicle at home in Holland 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 Holland, IN?
The average residential electricity rate in Holland, 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 Holland?
Holland is served by 3 electricity providers. Dubois Rural Electric Coop Inc is the largest provider in the area, though rates and availability vary by specific address.
How do Holland electricity rates compare to the rest of Indiana?
Holland's average rate of 15.0¢/kWh is close to the Indiana state average of 15.0¢/kWh. Rates are typical for the region.