City of Richmond - (IN) Rates: Average Bill & Price per kWh

Residential rates for City of Richmond - (IN) and how they compare to the Indiana average — 2024 EIA-861 annual data.

Data through 2024 EIA-861, verified Oct 12, 2026

Residential customers of City of Richmond - (IN) average $120.06/month at 13.12¢/kWh — below the Indiana average of $164.05.

Avg bill (2024)$120.06/moannual average Rate13.12¢/kWh Res. customers16,310 Bill rank#37 in INof tracked utilities

Where City of Richmond - (IN) rates are heading

Annual residential figures from Form EIA-861, 2019–2024.

City of Richmond - (IN) price per kWh (annual) ▲ 28.8% over 2019–2024
City of Richmond - (IN) price per kWh (annual) 10.2¢ 11.6¢ 13.1¢ 13.1¢ 2019 2024
YearRateAvg billRes. customers
2019 10.19¢/kWh $99.26/mo 15,924
2020 10.16¢/kWh $96.39/mo 16,022
2021 10.74¢/kWh $102.62/mo 16,252
2022 11.48¢/kWh $110.60/mo 16,261
2023 12.76¢/kWh $114.64/mo 16,373
2024 13.12¢/kWh $120.06/mo 16,310

Rate context in Indiana

Statewide residential price trend (12 months) — context for City of Richmond - (IN)'s 2024 annual figure.

Indiana price per kWh (12 months) ▲ 8.2% over Jul 25–Jun 26
Indiana price per kWh (12 months) 15.9¢ 17.0¢ 18.1¢ 17.5¢ Jul 25 Jun 26

City of Richmond - (IN) vs its state

Annual utility averages next to the latest statewide monthly figure — different windows, both labeled.

MeasureCity of Richmond - (IN)Indiana (latest month)
Avg bill $120.06/mo $164.05/mo
Rate 13.12¢/kWh 17.51¢/kWh

Common questions

How much is the average electric bill with City of Richmond - (IN)?

City of Richmond - (IN) residential customers averaged $120.06 per month in 2024 (EIA-861 annual data) — about $1,440.73 per year.

What does City of Richmond - (IN) charge per kWh?

City of Richmond - (IN) averaged 13.12¢ per kWh for residential service in 2024 (annual revenue divided by sales, EIA-861). Actual rates depend on your plan and season.

How does City of Richmond - (IN) compare to the Indiana average?

City of Richmond - (IN) bills average $120.06 — lower than the Indiana average of $164.05 (latest EIA month).

How many customers does City of Richmond - (IN) serve?

City of Richmond - (IN) served 16,310 residential customers in 2024, per EIA-861 — one of the largest utilities we track in IN.

Data: Form EIA-861, 2024 annual residential figures for City of Richmond - (IN). Bill = residential revenue ÷ customers ÷ 12; rate = revenue ÷ sales. State context uses the latest EIA monthly data. See methodology.