Electricity Rates in New carlisle, IN

The average residential electricity rate in New carlisle, IN is 16.0¢/kWh based on 2024 EIA data. Indiana Michigan Power Co provides electricity to the area. This is 6.7% above the Indiana state average.

Avg. Residential Rate 16.0¢/kWh
vs. Indiana Avg. +6.7%
vs. National Avg. -10.0%
Providers 1

Electricity Providers in New carlisle

Utility Residential Rate Commercial Rate Type
Indiana Michigan Power Co 16.0¢/kWh 12.0¢/kWh Investor Owned

Estimated Monthly Electric Bill

Based on the average residential rate of 16.0¢/kWh and typical US household usage of 886 kWh/month:

New carlisle monthly bill $141.76
New carlisle annual cost $1701.12
Indiana avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in New carlisle

At 16.0¢/kWh, a typical New carlisle household spends approximately $1701.12/year on electricity. Solar panels could reduce this by 50–90%.

$1276/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in New carlisle

Charging an electric vehicle at home in New carlisle 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.

Frequently Asked Questions

What is the average electricity rate in New carlisle, IN?

The average residential electricity rate in New carlisle, 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 New carlisle?

New carlisle is served by 1 electricity provider. Indiana Michigan Power Co is the largest provider in the area.

How do New carlisle electricity rates compare to the rest of Indiana?

New carlisle'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.