Indiana Michigan Power Electricity Rates

Indiana Michigan Power (I&M) is an electric utility company that serves around 128,000 customers in the southern part of Michigan. The company provides electricity to customers in cities such as Benton Harbor, Buchanan, Cassopolis, Niles, and Three Rivers. I&M's energy mix in Michigan includes a combination of coal, natural gas, and renewable energy sources such as wind and solar. The company has also implemented energy efficiency programs to help customers save money on their electricity bills. In addition, I&M has invested in modernizing its infrastructure to improve reliability and reduce the frequency and duration of power outages.

Phone

1-800-311-6424

Indiana Michigan Power Energy Sources

Indiana Michigan Power's energy comes from nuclear. Nuclear is the largest source of electricity, providing 99% of Indiana Michigan Power's energy.

100%

Nuclear

Indiana Michigan Power Rates

The average electricity rate for Indiana Michigan Power customers is 16.05 cents/kWh. Indiana Michigan Power has several different electricity rates for residential customers, as shown in the table below.

Rate NameRate TypeCost Per kWh
Residential Plug-In Electric Vehicle(RS-PEV)TOU9¢ to 27¢
Residential Electric Service(RS)Fixed17¢
Residential Service Time-of-DayTOU9¢ to 27¢
Residential Service Time-of-Day 2TOU17¢ to 21¢

Indiana Michigan Power Reliability

In 2021, the average Indiana Michigan Power customer lost electricity for 2 times for about 452 minutes each. In total, the average Indiana Michigan Power customer had their electricity out for about 912 minutes during the whole year.

Netmetering

Credited to customer's next bill at retail rate for systems 20 kW or less; credited to customer's next bill at power supply component of retail rate for larger systems. Carries over indefinitely.

Other Utilities in Michigan

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