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Electricity rates — Indiana Michigan Power Co (Michigan)

Indiana Michigan Power Co (Michigan)'s customers paid 17.0¢ per kWh in 2024, riders included (EIA-861). Its newest schedule here took effect in 2018, over 3 years before this check, so none of its 8 priceable plans is quoted as a current price; they are listed with their years. Checked October 8, 2026.

Every priced Indiana Michigan Power Co (Michigan) plan, 1,000 kWh/mo

Annual cost of each published plan, 1,000 kWh/mo: plans open to any household first, then plans priced but not ranked, each group cheapest first
PlanPer yearvs cheapestEffective
Priced but not ranked — restricted, older, or not verifiable as a bill
Residential - TODtime-of-use · in effect since September 2018 · delivery charges only$768.10—6.4¢
Residentialflat rate · in effect since September 2018 · delivery charges only$807.12+$39.026.7¢
Residential - TOD2time-of-use · in effect since September 2018 · delivery charges only$814.98+$46.886.8¢
Residential RS-OPEStime-of-use · in effect since September 2018 · older schedule, not ranked$1,519.17+$751.0712.7¢
Residentialflat rate · in effect since September 2018 · older schedule, not ranked$1,644.84+$876.7413.7¢
Residential - TODtime-of-use · in effect since September 2018 · older schedule, not ranked$1,646.87+$878.7713.7¢
Residential - PEVtime-of-use · in effect since September 2018 · older schedule, not ranked$1,647.71+$879.6113.7¢
Residential - TOD2time-of-use · in effect since September 2018 · older schedule, not ranked$1,693.62+$925.5214.1¢

Price Indiana Michigan Power Co (Michigan)’s plans at your own usage

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 — $768.10 a year, 6.4¢ 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 - TOD2 — $814.98 a year, 6.8¢ 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 RS-OPES — $1,519.17 a year, 12.7¢ 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 — $1,644.84 a year, 13.7¢ per kWh effective, flat rate. It carries a $7.50 monthly standing charge. In effect since September 2018. Too old to quote as a current price.

Residential - TOD — $1,646.87 a year, 13.7¢ 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.

How Indiana Michigan Power Co (Michigan)'s plans are structured

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

Fixed monthly charges run from $7.50 to $13.15.

Indiana Michigan Power Co (Michigan)'s published schedules

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.