Midwest Energy Cooperative (MI) electricity rates in Indiana, 2025
Midwest Energy Cooperative (MI)’s 320 residential customers paid an average of 18.52¢ per kWh in 2025, 16% above the Indiana average of 15.96¢. The typical home used 1,059 kWh a month, for an average bill of $196.
- 18.52¢avg ¢/kWh (2025)−0.64¢ (-3.4%) vs 2024
- $196Avg monthly billIndiana: $150
- 1,059 kWhAvg monthly useIndiana: 938 kWh
- 320Residential customersFull-service utility
| Sector | Customers | Sales (MWh) | Revenue | ¢/kWh 2025 | ¢/kWh 2024 | Change |
|---|---|---|---|---|---|---|
| Residential | 320 | 4,067 | $753,100 | 18.52¢ | 19.16¢ | −0.64¢ (-3.4%) |
| Commercial | 54 | 3,026 | $517,600 | 17.11¢ | 17.38¢ | −0.27¢ (-1.6%) |
| Industrial | 0 | 0 | $0 | n/a | n/a | n/a |
| All sectors | 374 | 7,093 | $1,270,700 | 17.91¢ | 18.42¢ | −0.51¢ (-2.8%) |
How Midwest Energy Cooperative (MI) compares
- Indiana residential average, 2025: 15.96¢ per kWh, 938 kWh a month, $150 average bill. U.S. average: 17.23¢, 874 kWh, $151.
- Latest monthly figure: Indiana homes paid 17.02¢ per kWh in August 2026 (preliminary), against 16.21¢ in August 2025. Summer months often run higher than the annual average.
- From 2024 to 2025 this average fell 3.4%; the state average rose 8.1%.
- Midwest Energy Cooperative (MI) is an electric cooperative, owned by the members it serves; its board sets rates. Balancing authority: PJM.
Where Midwest Energy Cooperative (MI) serves
EIA lists 3 Indiana counties in its 2025 service territory: Elkhart, Lagrange, St Joseph.
5 ZIP codes are matched to Midwest Energy Cooperative (MI) in NREL’s 2024 ZIP file: 46507, 46514, 46530, 46540, 46565. Utility boundaries do not follow ZIP lines, so a ZIP can have more than one provider.
Indiana full-service utilities with similar rates
| Provider | ¢/kWh | Avg bill | Customers |
|---|---|---|---|
| Boone County Rural EMC | 15.80¢ | $198 | 19,224 |
| Jasper County Rural E M C | 16.09¢ | $183 | 7,786 |
| RushShelby Energy | 16.36¢ | $197 | 14,766 |
| Tipmont Rural Elec Member Corp | 16.37¢ | $163 | 29,540 |
| NineStar Connect | 16.50¢ | $208 | 18,751 |
| Indiana Michigan Power Co | 17.16¢ | $146 | 425,007 |
| South Central Indiana REMC | 17.54¢ | $199 | 35,216 |
| Southern Indiana Gas & Elec Co | 19.78¢ | $177 | 134,700 |
Sources
- U.S. Energy Information Administration, Annual Electric Power Industry Report, Form EIA-861, 2025 final data (f8612025.zip, file dated October 7, 2026): Sales to Ultimate Customers, Average Monthly Bill and Service Territory tables.
- EIA Form EIA-861, 2024 final data (f8612024.zip, file dated December 4, 2025), for the 2024 comparison.
- EIA Electric Power Monthly, Table 5.6.A (average price by state, August 2026 and August 2025; 2026 values are preliminary), file dated October 22, 2026.
- National Renewable Energy Laboratory via OpenEI, U.S. Electric Utility Companies and Rates: Look-up by Zipcode (2024) (investor-owned and other utilities, files dated November 10, 2025), used only to match ZIP codes to utilities.
Average price = residential revenue ÷ residential kWh sold, as reported to EIA. It includes fixed monthly charges, taxes passed through in revenue and seasonal tiers, averaged over the year. Your own rate depends on your tariff and usage.