Electricity Rates in Monon, IN
The average residential electricity rate in Monon, IN is 17.0¢/kWh based on 2024 EIA data. The city is served by 2 utility providers. This is 13.3% above the Indiana state average.
Electricity Providers in Monon
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Carroll-White REMC | 15.0¢/kWh | 12.0¢/kWh | Cooperative |
| Northern Indiana Pub Serv Co | 19.0¢/kWh | 17.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 17.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Monon
At 17.0¢/kWh, a typical Monon household spends approximately $1807.44/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 Monon
Charging an electric vehicle at home in Monon costs approximately $153.00/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 Monon, IN?
The average residential electricity rate in Monon, IN is 17.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $150.62 for a typical household.
Who provides electricity in Monon?
Monon is served by 2 electricity providers. Carroll-White REMC is the largest provider in the area, though rates and availability vary by specific address.
How do Monon electricity rates compare to the rest of Indiana?
Monon's average rate of 17.0¢/kWh is 13.3% above the Indiana state average of 15.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.