Electricity Rates in Spurgeon, IN
Residents of Spurgeon, IN benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. Duke Energy Indiana, LLC serves the area.
Electricity Providers in Spurgeon
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Duke Energy Indiana, LLC | 13.0¢/kWh | 10.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 13.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Spurgeon
At 13.0¢/kWh, a typical Spurgeon household spends approximately $1382.16/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 Spurgeon
Charging an electric vehicle at home in Spurgeon costs approximately $117.00/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 Spurgeon, IN?
The average residential electricity rate in Spurgeon, IN is 13.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $115.18 for a typical household.
Who provides electricity in Spurgeon?
Spurgeon is served by 1 electricity provider. Duke Energy Indiana, LLC is the largest provider in the area.
How do Spurgeon electricity rates compare to the rest of Indiana?
Spurgeon's average rate of 13.0¢/kWh is 13.3% below the Indiana state average of 15.0¢/kWh. Residents enjoy some of the lower rates in the state.