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Electricity rates — Indiana Michigan Power Co (Michigan)

WattClear holds 8 priceable residential plans for Indiana Michigan Power Co (Michigan), checked September 23, 2026, but none is quoted as a current price: each took effect more than 3 years before the data was retrieved, states no start date, or comes from a utility that no longer sells it.

Every priced plan, 1,000 kWh/mo

Annual cost of each published plan, 1,000 kWh/mo, cheapest first
PlanPer yearvs cheapestEffective
Residential - TODtime-of-use · in effect since September 2018 · delivery charges only$739.806.2¢
Residential - TOD2time-of-use · in effect since September 2018 · delivery charges only$804.35+$64.556.7¢
Residentialflat rate · in effect since September 2018 · delivery charges only$807.12+$67.326.7¢
Residential RS-OPEStime-of-use · in effect since September 2018 · older schedule, not ranked$1,498.39+$758.5912.5¢
Residential - TODtime-of-use · in effect since September 2018 · older schedule, not ranked$1,618.58+$878.7813.5¢
Residential - PEVtime-of-use · in effect since September 2018 · older schedule, not ranked$1,619.42+$879.6213.5¢
Residentialflat rate · in effect since September 2018 · older schedule, not ranked$1,644.84+$905.0413.7¢
Residential - TOD2time-of-use · in effect since September 2018 · older schedule, not ranked$1,683.01+$943.2114.0¢

Cost across usage levels

The cheapest plan at each consumption level, showing whether the ranking holds as usage changes.

What Indiana Michigan Power Co (Michigan)'s customers were billed in 2024

None of Indiana Michigan Power Co (Michigan)'s plans here is a current price to set beside what its customers were billed, so EIA's figures below are this page's only statement of it.

EIA-861 figures for Indiana Michigan Power Co, 2024, and this page’s plans at the same use
Ownership, as EIA classes itInvestor-owned
Full-service homes in Michigan112,600
Share of Michigan's households2%
Average use per home821 kWh a month
Average bill per home$139.69 a month
Billed per kWh, riders included17.0¢
Median open plan here, at that usenot available

Indiana Michigan Power Co in U.S. Energy Information Administration, Form EIA-861, 2024 (Sales_Ult_Cust_2024.xlsx), retrieved September 23, 2026.

6 plans on file, at 1,000 kWh a month

Residential - TOD — $739.80 a year, 6.2¢ per kWh effective, time-of-use. It carries a $10.08 monthly standing charge. In effect since September 2018. Too old to quote as a current price.

Residential - TOD2 — $804.35 a year, 6.7¢ per kWh effective, time-of-use. It carries a $10.08 monthly standing charge. In effect since September 2018. Too old to quote as a current price.

Residential — $807.12 a year, 6.7¢ per kWh effective, flat rate. It carries a $8.18 monthly standing charge. In effect since September 2018. Too old to quote as a current price.

Residential RS-OPES — $1,498.39 a year, 12.5¢ per kWh effective, time-of-use. It carries a $9.15 monthly standing charge. In effect since September 2018. Too old to quote as a current price.

Residential - TOD — $1,618.58 a year, 13.5¢ per kWh effective, time-of-use. It carries a $13.08 monthly standing charge. In effect since September 2018. Too old to quote as a current price.

Residential - PEV — $1,619.42 a year, 13.5¢ per kWh effective, time-of-use. It carries a $13.15 monthly standing charge. In effect since September 2018. Too old to quote as a current price.

How these plans are structured

Of 8 priceable plans: 6 time-of-use, 2 flat-rate.

Fixed monthly charges run from $7.50 to $13.15.

Who provides these plans

URDB files Indiana Michigan Power Co (Michigan)'s schedules under Michigan, and they are compared there with that state's other utilities. 8 of its 8 published residential schedules can be priced.

What this does not cover

6 of these plans price by the hour, so their figures are marked lower confidence.

New to these terms? The methodology page explains tiered bands, time-of-use periods and fixed charges, and sets out exactly what the rate engine assumes.

Estimate — your actual bill may differ.

Tariff structures from NREL/OpenEI Utility Rate Database (CC0 1.0), retrieved September 23, 2026.