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Average I&M (AEP) Electric Bill

 Indiana Michigan Power, a subsidiary of American Electric Power

 

Based on average usage of 866 kilowatt hours (kWh) per month, as of 8/5/20*
  Rates  Month 
 Base Rates     
 Monthly Fixed Charge  $15.00 $15.00
 First 900 kWh  $0.114820 $99.43
 All kWh over 900  $0.108090 $0.00
 Variable Rates, Bill Riders or Trackers     
 Demand-side Management/Energy Efficiency Program Cost Rider  - $0.003630   - $3.14   
 Fuel Cost Adjustment Rider  - $0.001612  - $1.40   
 Environmental Cost Rider  $0.008900 $7.71 
 Off-System Sales Margin Sharing with PJM Costs Rider  $0.021736  $18.82
 DC Cook Nuclear Life Cycle Management Rider  $0.000200  $0.17 
 Resource Adequacy Rider  - $0.000113   - $0.10  
 Phase-In Rate Adjustment  - $0.003964   - $3.43  
Total Monthly Bill:  $133.07 
Price per kWh (with fixed charge):  $0.153658 
Price per kWh (w/o fixed charge):  $0.136337 

*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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