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Average I&M (AEP) Electric Bill

 Indiana Michigan Power, a subsidiary of American Electric Power

Click here to visit our campaign page regarding I&M's current rate hike request before the Indiana Utility Regulatory Commission.

Based on average usage of 924 kilowatt hours (kWh) per month, as of 9/5/19
   Current Charges and  Rates   Total for the Month 
 Base Rates     
 Monthly Fixed Charge  $10.50 $10.50
 kWh rate (flat rate)  $0.104580 $96.63
 Variable Rates, Bill Riders or Trackers     
 Fuel Cost Adjustment Rider (FAC)  - $0.003583   - $3.31   
 Environmental Cost Rider (ECR)  - $0.000227  - $0.21   
 Off-System Sales Margin Sharing with PJM Costs (OSS/PJM)  $0.020142 $18.61 
 Demand-side Management/Energy Efficiency Program Cost Rider (DSM/EE)  $0.001378  $1.27
 DC Cook Nuclear Life Cycle Management Rider (LCMR)  $0.000676  $0.62 
 Resource Adequacy Rider (RAR)  - $0.000823   - $0.76  
 Phase-In Rate Adjustment (PRA)  - $0.000118   - $0.11  
Total Monthly Bill:  $123.25 
Price per kWh (with fixed charge):  $0.133389 
Price per kWh (w/o fixed charge):  $0.122025 

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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