WattBuy’s Guide toElectricity in
Electricity in
Osceola
Indiana
Indiana
Here's the average monthly bill, usage, and carbon footprint of residents in Osceola
January
$280highestFebruary
$88lowestMarch
$101April
$105May
$116June
$115July
$118August
$120September
$113October
$117November
$105December
$99Carbon Emissions
987 lbs CO₂
Monthly Usage
836 kWh
Osceola's energy comes from Coal, Natural Gas, Wind, and Solar. Coal is the largest source of electricity, providing 56% of Osceola's energy. Natural Gas is the second largest source, making up 30%. Wind provides 11% of the energy in Osceola. Solar provides 3% of the energy in Osceola.
56%
Coal
30%
Natural Gas
11%
Wind
3%
Solar
Solar power is on the rise, helping homeowners save on their electricity bills and power their homes sustainably.
1,263 kWh
Energy generated by average sized system
$16,118
Average system cost
(after federal incentive)
11 years
Payback period
Net metering policies in Osceola 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 Service Time-of-Day | TOU | 9¢ to 21¢ |
| Residential Electric Service | Fixed | 14¢ to 15¢ |
| Residential Service – Demand Metered(R.S.D) | TOU | 13¢ to 265¢ |
| Residential Service Time-of-Day 2 | TOU | 14¢ to 27¢ |
| Residential - Off-Peak Energy Storage/ Plug-in Electric Vehicle (OPES/PEV) | TOU | 7¢ to 20¢ |
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