Electricity Rates in Baroda, MI
The average residential electricity rate in Baroda, MI is 17.0¢/kWh based on 2024 EIA data. Indiana Michigan Power Co provides electricity to the area. This is 5.6% below the Michigan state average.
Electricity Providers in Baroda
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Indiana Michigan Power Co | 17.0¢/kWh | 7.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 17.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Baroda
At 17.0¢/kWh, a typical Baroda household spends approximately $1807.44/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 Baroda
Charging an electric vehicle at home in Baroda costs approximately $153.00/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 Michigan
Frequently Asked Questions
What is the average electricity rate in Baroda, MI?
The average residential electricity rate in Baroda, MI is 17.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $150.62 for a typical household.
Who provides electricity in Baroda?
Baroda is served by 1 electricity provider. Indiana Michigan Power Co is the largest provider in the area.
How do Baroda electricity rates compare to the rest of Michigan?
Baroda's average rate of 17.0¢/kWh is 5.6% below the Michigan state average of 18.0¢/kWh. Residents enjoy some of the lower rates in the state.