Electricity Rates in Lincoln city, IN
The average residential electricity rate in Lincoln city, IN is 18.0¢/kWh based on 2024 EIA data. Southern Indiana Gas & Elec Co provides electricity to the area. This is 20.0% above the Indiana state average.
Electricity Providers in Lincoln city
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Southern Indiana Gas & Elec Co | 18.0¢/kWh | 16.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 18.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Lincoln city
At 18.0¢/kWh, a typical Lincoln city household spends approximately $1913.76/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 Lincoln city
Charging an electric vehicle at home in Lincoln city costs approximately $162.00/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 Lincoln city, IN?
The average residential electricity rate in Lincoln city, IN is 18.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $159.48 for a typical household.
Who provides electricity in Lincoln city?
Lincoln city is served by 1 electricity provider. Southern Indiana Gas & Elec Co is the largest provider in the area.
How do Lincoln city electricity rates compare to the rest of Indiana?
Lincoln city's average rate of 18.0¢/kWh is 20.0% above the Indiana state average of 15.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.