WattBuy’s Guide toElectricity in
Electricity in
Albany
Indiana
Indiana
Here's the average monthly bill, usage, and carbon footprint of residents in Albany
January
$506highestFebruary
$362March
$190April
$155May
$156June
$162July
$167August
$158September
$154lowestOctober
$168November
$187December
$330Carbon Emissions
1,910 lbs CO₂
Monthly Usage
1,356 kWh
Albany's energy comes from Coal, Natural Gas, Wind, and Solar. Coal is the largest source of electricity, providing 43% of Albany's energy. Natural Gas is the second largest source, making up 36%. Wind provides 15% of the energy in Albany. Solar provides 5% of the energy in Albany.
43%
Coal
36%
Natural Gas
15%
Wind
5%
Solar
Solar power is on the rise, helping homeowners save on their electricity bills and power their homes sustainably.
0 kWh
Energy generated by average sized system
$16,703
Average system cost
(after federal incentive)
11 years
Payback period
Net metering policies in Albany can help solar panel owners save money and reduce their carbon footprint. When your solar panels generate more electricity than you use, you can send the excess back to the grid and receive credit on your next bill. Just something to keep in mind when considering solar panels.
Indiana Michigan Power has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Residential - Off-Peak Energy Storage/ Plug-in Electric Vehicle (OPES/PEV) | TOU | 7¢ to 20¢ |
| Residential Electric Service(RS) | Fixed | 15¢ to 15¢ |
| Residential Service Time-of-Day(RS-TOD) | TOU | 10¢ to 22¢ |
| Residential Service Time-of-Day 2(RS-TOD2) | TOU | 14¢ to 28¢ |
| Residential Service – Demand Metered(R.S.D) | TOU | 14¢ to 265¢ |
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