Electricity Rates in Leopold, IN
The average residential electricity rate in Leopold, IN is 16.0¢/kWh based on 2024 EIA data. Southern Indiana R E C, Inc provides electricity to the area. This is 6.7% above the Indiana state average.
Electricity Providers in Leopold
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Southern Indiana R E C, Inc | 16.0¢/kWh | 13.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 16.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Leopold
At 16.0¢/kWh, a typical Leopold household spends approximately $1701.12/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 Leopold
Charging an electric vehicle at home in Leopold 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.
Nearby Cities in Indiana
Frequently Asked Questions
What is the average electricity rate in Leopold, IN?
The average residential electricity rate in Leopold, 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 Leopold?
Leopold is served by 1 electricity provider. Southern Indiana R E C, Inc is the largest provider in the area.
How do Leopold electricity rates compare to the rest of Indiana?
Leopold'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.