How Indiana Michigan Power compares with the utilities next door
| Utility | 2024 ¢/kWh | Customers | Δ vs Indiana Michigan Power, ¢/kWh | $/yr difference |
|---|---|---|---|---|
| City of Holland | 11.68 | 26,608 | -5.33 | -$576 |
| City of Sturgis | 14.71 | 6,117 | -2.30 | -$248 |
| Indiana Michigan Power Co (this page) | 17.00 | 112,600 | — | — |
| Consumers Energy Co | 19.11 | 1,657,843 | +2.10 | +$227 |
| Great Lakes Energy Coop | 19.17 | 120,645 | +2.17 | +$234 |
| Midwest Energy Cooperative | 19.91 | 29,283 | +2.91 | +$314 |
5 bundled utilities (≥5,000 customers) share at least one county with Indiana Michigan Power. Positive $/yr = that utility's customers pay more than Indiana Michigan Power customers at the same usage. Territories are fixed by address — these gaps measure cost differences between areas, while the supply portion is separately shoppable in Michigan (see below).
Where Indiana Michigan Power customers pay more (county benchmark)
| County | Cheapest utility in county | Their ¢/kWh | Indiana Michigan Power premium, $/yr |
|---|---|---|---|
| Allegan | City of Holland | 11.68 | +$576 |
| St Joseph | City of Sturgis | 14.71 | +$248 |
Multiple utilities in one county means adjoining territories, not household choice — you cannot switch wires companies. In Michigan you can shop the supply portion regardless of county.
Rate trend and size
| Metric | 2023 | 2024 | Change |
|---|---|---|---|
| Average price, ¢/kWh | 15.74 | 17.00 | +8.0% |
| Residential customers | 112,109 | 112,600 | +0.4% |
Ownership: Investor Owned. Statewide context: Michigan electricity rates.
Supply vs delivery on a Indiana Michigan Power bill
Michigan has residential electric supply choice: Indiana Michigan Power delivers the power and bills a default supply rate, but you may buy the supply portion from a licensed competitor instead. Compare offers against the price to compare on the state's official shopping site: michigan.gov/mpsc.
Electric choice capped at 10% of each utility's load (waitlist). Gas Customer Choice (DTE, Consumers, SEMCO) uncapped.
Counties served (MI, EIA-861 2024)
Allegan · Berrien · Cass · Kalamazoo · St Joseph · Van Buren
Head-to-head comparisons
- Consumers Energy Co vs Indiana Michigan Power Co
- Great Lakes Energy Coop vs Indiana Michigan Power Co
Questions people ask
- Is Indiana Michigan Power Co more expensive than other Michigan utilities?
- Indiana Michigan Power Co customers paid an average 17.00 cents/kWh in 2024 — 12% below the Michigan volume-weighted average of 19.37 cents (EIA-861, bundled residential service).
- Can I switch away from Indiana Michigan Power Co?
- You cannot switch the wires company — distribution territory is fixed by address. Michigan does allow supply choice, so you can buy the supply portion of the bill from a licensed competitor via michigan.gov/mpsc if its offer beats the price to compare.
- How many customers does Indiana Michigan Power Co have?
- 112,600 residential customers in Michigan in 2024 across 6 counties, per its EIA-861 federal filing. Ownership type: investor-owned.