WattBuy’s Guide toElectricity in
Electricity in
Silver Lake
Indiana
Indiana
Here's the average monthly bill, usage, and carbon footprint of residents in Silver Lake
January
$394highestFebruary
$288March
$170April
$147May
$137June
$143July
$147August
$138September
$136lowestOctober
$142November
$172December
$260Carbon Emissions
1,611 lbs CO₂
Monthly Usage
1,144 kWh
Silver Lake's energy comes from Coal, Natural Gas, Wind, and Solar. Coal is the largest source of electricity, providing 43% of Silver Lake's energy. Natural Gas is the second largest source, making up 36%. Wind provides 15% of the energy in Silver Lake. Solar provides 5% of the energy in Silver Lake.
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
$16,312
Average system cost
(after federal incentive)
11 years
Payback period
Net metering policies in Silver Lake 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.
NIPSCO has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Residential Electric Service | Fixed | 19¢ |
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