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City of Anderson - (IN)

City of Anderson - (IN) is a municipal utility, owned by the community it serves, serving 29,533 residential accounts in Indiana. Everything below comes from its own 2024 filing with the US Energy Information Administration — the numbers the company reported about itself.

Average residential rate
$0.128/kWh

2024 annual average

Homes with solar
23

0.1% of residential accounts

Rooftop capacity
0 MW

residential, net-metered

What households here pay

Residential customers on City of Anderson - (IN)'s own supply paid an average of $0.128 per kWh across 2024 — total residential revenue divided by total residential kilowatt-hours sold, so it includes the fixed monthly charge, riders and fuel adjustments, not just the headline energy rate. It is the number your own bill would produce if you divided the annual total by the kWh.

Indiana's statewide average was $0.175/kWh in June 2026 on EIA's monthly series. This utility's 2024 average ran about 27% below that. The two figures are measured differently and are two years apart, so read the gap as direction, not as a precise difference.

That made it the 3rd cheapest of the 14 Indiana utilities on this site in 2024.

What it did between 2020 and 2024

City of Anderson - (IN)'s all-in residential rate went from $0.116 in 2020 to $0.128 in 2024 — a rise of 10.9%. Each year is that year's own Form 861 filing, worked out the same way as the figure above.

Across the 505 utilities on this site the middle one moved up 15.7% over the same years, so City of Anderson - (IN) moved with the pack. Rates rose almost everywhere in this window; the comparison is what says whether a number is unusual.

$0.116 2020
$0.115 2021
$0.119 2022
$0.127 2023
$0.128 2024

Residential revenue over residential sales, bundled service only, from each year's EIA Form 861.

How many neighbours already did it

23 homes on this system had a net-metered solar array at the end of 2024 — 0.8 per thousand residential accounts, or 0.1% of them. The median US utility on this site reports 12.1 per thousand, so uptake here is below average.

That ranks 13 of 13 Indiana utilities reporting net-metered solar.

Those systems sent 73 MWh back to the grid over the year — an average of 3,174 kWh exported per household.

The rule that decides this, and it changed

The 30% federal residential credit (§25D) expired for systems placed in service after 31 December 2025. Every payback figure written before 2026 — including anything quoted at you by an installer working from an old spreadsheet — is overstated by roughly a third for a purchase. Leases and PPAs still reach §48E until the end of 2027, which is why the ownership question now decides more than the hardware does.

Run the Indiana numbers on 2026 rules →

Other Indiana utilities

Utility Accounts Avg rate Solar per 1,000
Duke Energy Indiana, LLC 796,265 $0.128 5.1
AES Indiana 469,499 $0.138 2.2
Northern Indiana Pub Serv Co 430,648 $0.191 3.3
Indiana Michigan Power Co 422,062 $0.163 3.9
Southern Indiana Gas & Elec Co 133,795 $0.175 6.3
Hendricks County Rural E M C 37,638 $0.138 2.6
South Central Indiana REMC 34,901 $0.177 7.7
Northeastern Rural E M C 30,610 $0.150 1.6
Tipmont Rural Elec Member Corp 28,885 $0.161 3.4
Johnson County Rural E M C 28,279 $0.138 2.3
Clark County Rural E M C - (IN) 27,103 $0.146 3.5
Southeastern Indiana R E M C 26,172 $0.152 5.8

Where these numbers come from

US Energy Information Administration, Form EIA-861, data year 2024 — the annual filing every US electric utility makes. Rates are residential revenue divided by residential sales on bundled service; solar counts are from the net-metering schedule of the same filing. Utility number 636. Download the source archive and check any figure here against it.

Form 861 is annual and publishes roughly eleven months after the year it covers, so 2024 is the most recent utility-level data that exists anywhere. It is not today's tariff. For a current price, read your own bill; for a current rate structure, read the utility's tariff sheet. This page is for scale and comparison — what a typical household on this system pays, and how many of them have already installed solar.

Written and maintained by . Last reviewed 2026-08-19.