Richmond Electricity Rates

Commercial electricity rates in Richmond

• Commercial Electricity in Richmond
• • The average commercial electricity rate in Richmond is 8.76¢/kWh.^[1]
  • This average (commercial) electricity rate in Richmond is 4.16% less than the Indiana average rate of 9.14¢/kWh.^[2]
  • The average (commercial) electricity rate in Richmond is 13.18% less than the national average rate of 10.09¢/kWh. Commercial rates in the U.S. range from 6.86¢/kWh to 34.88¢/kWh.^[2]

Residential electricity rates in Richmond

• Residential Electricity in Richmond
• • The average residential electricity rate in Richmond is 9.84¢/kWh.^[1]
  • This average (residential) electricity rate in Richmond is 6.55% less than the Indiana average rate of 10.53¢/kWh.^[2]
  • The average (residential) electricity rate in Richmond is 17.17% less than the national average rate of 11.88¢/kWh. Residential rates in the U.S. range from 8.37¢/kWh to 37.34¢/kWh.^[2]

Industrial electricity rates in Richmond

• Industrial Electricity in Richmond
• • The average industrial electricity rate in Richmond is 7.58¢/kWh.^[1]
  • This average (industrial) electricity rate in Richmond is 19.56% greater than the Indiana average rate of 6.34¢/kWh.^[2]
  • The average (industrial) electricity rate in Richmond is 13.64% greater than the national average rate of 6.67¢/kWh. Industrial rates in the U.S. range from 4.13¢/kWh to 30.82¢/kWh.^[2]

Commercial electricity in Indiana

• Commercial electricity rates in IN ^[3]
• • The average commercial electricity rate in Indiana is 9.14¢/kWh, which ranks 29th in the nation and is 9.42% less than the national average rate of 10.09¢/kWh.[3]
• Commercial electricity consumption in IN ^[3]
• • Commercial electricity consumption in Indiana averages 5,812 kWh/month, which ranks 24th in the nation and is 6.83% less than the national average of 6,238 kWh/month.
• Commercial electricity bills in IN ^[3]
• • The average monthly commercial electricity bill in Indiana is $531, which ranks 27th in the nation and is 15.58% less than the national average of $629.
• Learn more about commercial electricity in Indiana

Residential electricity in Indiana

• Residential electricity rates in Indiana ^[3]
• • The average residential electricity rate in Indiana is 10.53¢/kWh, which ranks 34th in the nation and is 11.36% less than the national average rate of 11.88¢/kWh.
• Residential electricity consumption in IN ^[3]
• • Residential electricity consumption in Indiana averages 997 kWh/month, which ranks 22nd in the nation and is 10.41% greater than the national average of 903 kWh/month.
• Residential electricity bills in IN ^[3]
• • The average monthly residential electricity bill in Indiana is $105, which ranks 27th in the nation and is 1.87% less than the national average of $107 per month.
• Learn more about residential electricity in Indiana

Industrial electricity in Indiana

• Industrial electricity rates in Indiana ^[3]
• • The average industrial electricity rate in Indiana is 6.34¢/kWh, which ranks 29th in the nation and is 4.95% less than the national average rate of 6.67¢/kWh.
• Industrial electricity consumption in IN ^[3]
• • Industrial electricity consumption in Indiana averages 216,678 kWh/month, which ranks 15th in the nation and is 93.19% greater than the national average of 112,158 kWh/month.
• Industrial electricity bills in IN ^[3]
• • The average monthly industrial electricity bill in Indiana is $13,734, which ranks 17th in the nation and is 83.54% greater than the national average of $7,483.
• Learn more about industrial electricity in Indiana

Richmond, IN Income Breakdown ^[4]

Income Summary for Richmond, IN

• • Household income: The city of Richmond has a median household income of $44,085, versus $62,843 for the U.S.^[4]
  • Compared to the U.S.: Median household income in Richmond is approximately 30 percent less than the median income for the entire United States.^[4]
  • Poverty level: Approximately 13.4 percent of Richmond households have incomes below poverty level.^[4]
  • Electric bills: The average residential electricity bill in Indiana is about $105/month, ranking 27th in the U.S. and 1.87% less than the national average of $107.^[5]

Income: Richmond vs. Nation ^[4]