Electricity Rates in South bend, IN
Residents of South bend, 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 Indiana Michigan Power Co being the largest.
Electricity Providers in South bend
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| City of Mishawaka | 10.0¢/kWh | 11.0¢/kWh | Municipal |
| Indiana Michigan Power Co | 16.0¢/kWh | 12.0¢/kWh | Investor Owned |
| Northern Indiana Pub Serv Co | 19.0¢/kWh | 17.0¢/kWh | Investor Owned |
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 South bend
At 15.0¢/kWh, a typical South bend 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 South bend
Charging an electric vehicle at home in South bend 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 South bend, IN?
The average residential electricity rate in South bend, 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 South bend?
South bend is served by 3 electricity providers. Indiana Michigan Power Co is the largest provider in the area, though rates and availability vary by specific address.
How do South bend electricity rates compare to the rest of Indiana?
South bend's average rate of 15.0¢/kWh is close to the Indiana state average of 15.0¢/kWh. Rates are typical for the region.