Average I&M (AEP) Electric Bill

 Indiana Michigan Power, a subsidiary of American Electric Power


Based on average usage of 883 kilowatt hours (kWh) per month, as of 10/27/22*
  Rates  Month 
 Base Rates     
 Monthly Fixed Charge  $14.79 $14.79
 First 900 kWh  $0.109800 $96.95
 All kWh over 900  $0.103180 $0.00
 Variable Rates, Bill Riders or Trackers     
 Demand-side Management/Energy Efficiency Program Cost Rider   -$0.000239  -$0.21
 Fuel Cost Adjustment Rider  -$0.001387  $1.22 
 Environmental Cost Rider  -$0.000611 -$0.54 
 Off-System Sales Margin Sharing with PJM Costs Rider   $0.026075 $23.02 
 DC Cook Nuclear Life Cycle Management Rider   $0.000325 $0.29
 Resource Adequacy Rider   $0.006908 $6.10
 Solar Power Rider   $0.000233 $0.21
 Phase-In Rate Adjustment   $0.000385 $0.34
 Tax Rider   -$0.003289  -$2.90 
Total Monthly Bill:  $139.27 
Price per kWh (with fixed charge):   $0.157724  
Price per kWh (w/o fixed charge):  $0.140974 

*From Energy Information Administration Form 861M

Based on I&M's current approved electric tariffs which are available here: https://www.indianamichiganpower.com/account/bills/rates/IandMRatesTariffsIN.aspx


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