Average I&M (AEP) Electric Bill

 Indiana Michigan Power, a subsidiary of American Electric Power


Based on average usage of 860 kilowatt hours (kWh) per month, as of 6/22/22*
  Rates  Month 
 Base Rates     
 Monthly Fixed Charge  $15.00 $15.00
 First 900 kWh  $0.111360 $94.99
 All kWh over 900  $0.104640 $0.00
 Variable Rates, Bill Riders or Trackers     
 Demand-side Management/Energy Efficiency Program Cost Rider   -$0.000242  -$0.21
 Fuel Cost Adjustment Rider  -$0.004745 -$4.08 
 Environmental Cost Rider  -$0.000619 -$0.53 
 Off-System Sales Margin Sharing with PJM Costs Rider  $0.026445 $22.74 
 DC Cook Nuclear Life Cycle Management Rider   $0.000329 $0.28
 Resource Adequacy Rider   $0.007006 $6.03
 Solar Power Rider  $0.000236 $0.20
 Phase-In Rate Adjustment   $0.000385 $0.33
 Tax Rider   -$0.003335  -$2.87 
Total Monthly Bill:  $131.89 
Price per kWh (with fixed charge):   $0.153355  
Price per kWh (w/o fixed charge):  $0.135914 

*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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