WattBuy’s Guide toElectricity in
Electricity in
New Albany
Indiana
Indiana
Here's the average monthly bill, usage, and carbon footprint of residents in New Albany
January
$223highestFebruary
$96lowestMarch
$114April
$117May
$118June
$132July
$135August
$137September
$115October
$120November
$108December
$113Carbon Emissions
1,023 lbs CO₂
Monthly Usage
867 kWh
New Albany's energy comes from Coal, Natural Gas, Wind, and Solar. Coal is the largest source of electricity, providing 56% of New Albany's energy. Natural Gas is the second largest source, making up 30%. Wind provides 11% of the energy in New Albany. Solar provides 3% of the energy in New Albany.
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.
955 kWh
Energy generated by average sized system
$21,262
Average system cost
(after federal incentive)
11 years
Payback period
Net metering policies in New 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.
| incentive | savings | utility | |
| Heat Pump Water Heaters | $350 | Duke Energy Indiana | See Details |
| Light Bulbs | Varies | Duke Energy Indiana | See Details |
| Light Fixtures | Varies | Duke Energy Indiana | See Details |
| Light Fixtures | Varies | Duke Energy Indiana | See Details |
Duke Energy Indiana 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 | 11¢ to 16¢ |
| OPTIONAL RATE RS – HIGH EFFICIENCY RESIDENTIAL SERVICE | Fixed | 11¢ to 16¢ |
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