Electricity Rates in Mooresville, IN
Residents of Mooresville, 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 Hendricks County Rural E M C being the largest.
Electricity Providers in Mooresville
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Hendricks County Rural E M C | 14.0¢/kWh | 11.0¢/kWh | Cooperative |
| Johnson County Rural E M C | 14.0¢/kWh | 13.0¢/kWh | Cooperative |
| South Central Indiana REMC | 18.0¢/kWh | 15.0¢/kWh | Cooperative |
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 Mooresville
At 15.0¢/kWh, a typical Mooresville 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 Mooresville
Charging an electric vehicle at home in Mooresville 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 Mooresville, IN?
The average residential electricity rate in Mooresville, 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 Mooresville?
Mooresville is served by 3 electricity providers. Hendricks County Rural E M C is the largest provider in the area, though rates and availability vary by specific address.
How do Mooresville electricity rates compare to the rest of Indiana?
Mooresville's average rate of 15.0¢/kWh is close to the Indiana state average of 15.0¢/kWh. Rates are typical for the region.