EIA data through August 2026 · updated 2026-10-29

Tipmont Rural Elec Member Corp electricity rates

Tipmont Rural Elec Member Corp (cooperative) residential customers paid about 16.1¢ per kWh (2024 average) — an average bill of $154 for 961 kWh a month.

Avg. home price16.1¢per kWh
Residential customers28,885IN, 2024
Avg. monthly use961kWh
Commercial13.3¢per kWh
Industrial8.7¢per kWh

What a month costs with Tipmont Rural Elec Member Corp

500 kWh / month$80
900 kWh / month$145
1,200 kWh / month$193

Monthly cost at the average price of 16.1¢ per kWh. Real bills add or subtract fixed charges, tiers, time-of-use and fuel adjustments.

Price trend

12¢14¢16¢18¢20¢20222023202420252026Indiana averageU.S. average 12¢14¢16¢18¢20¢20222023202420252026Indiana averageU.S. average
Indiana averageU.S. average
Aug 202617.0¢per kWh
vs. 1 year ago+5%16.2¢
vs. 5 years ago+27.6%13.3¢
Record high18.1¢May 2026
Avg. home bill$1891,110 kWh, Aug
EIA forecast, East North Central19.1¢Dec 2027

Hover or tap the chart for exact monthly values. Source: EIA-861M (monthly, latest months preliminary); forecast: EIA Short-Term Energy Outlook (October 2026) for the East North Central region, which includes Illinois, Indiana, Michigan, Ohio, Wisconsin.

EIA publishes monthly figures only for larger utilities; this one reports yearly, so the chart shows the state.

ZIP codes served

Averages, not a quote. Prices here are what each utility’s residential customers paid on average (revenue ÷ kWh sold, fixed charges included), as reported to the U.S. Energy Information Administration. Your own rate depends on your plan, season and usage — check your bill or your utility’s tariff.

Questions

What is Tipmont Rural Elec Member Corp’s electricity rate?

About 16.1¢ per kWh for residential customers (2024 average, EIA-861), including fixed charges spread over usage.

What is the average Tipmont Rural Elec Member Corp electric bill?

$154 a month in 2024, for an average of 961 kWh (EIA-861).

Is Tipmont Rural Elec Member Corp cheaper than the Indiana average?

Yes: 16.1¢ versus the Indiana average of 17.0¢ (Aug 2026).