Electricity Rates in Mount vernon, IN
The average residential electricity rate in Mount vernon, 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 Mount vernon
| 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 Mount vernon
At 18.0¢/kWh, a typical Mount vernon 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 Mount vernon
Charging an electric vehicle at home in Mount vernon 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 Mount vernon, IN?
The average residential electricity rate in Mount vernon, 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 Mount vernon?
Mount vernon is served by 1 electricity provider. Southern Indiana Gas & Elec Co is the largest provider in the area.
How do Mount vernon electricity rates compare to the rest of Indiana?
Mount vernon'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.