States › Indiana › City of Richmond
municipal utility · EIA utility 15989
City of Richmond
Average price is revenue divided by sales for the sector and year; it is not a tariff rate. Reliability figures are as reported by utilities to EIA on Form 861 and may use different calculation methods. Annual figures: Form EIA-861 for 2024, final release. Monthly state figures run to July 2026.
In its Form EIA-861 filing for 2024, City of Richmond, a municipal utility, reported 16,310 residential customers in Indiana, with a service territory that touches 1 county.
Its average residential price that year was 13.12¢ per kilowatthour, 11% below the Indiana average of 14.77¢ and 20% below the US average of 16.48¢. The figure is residential revenue divided by residential sales, so it folds in fixed charges, riders and every rate schedule the utility bills under.
That works out to an average residential bill of $120.06 a month on average use of 915 kWh a month. Across Indiana the average bill was $133.06 on 901 kWh, so a bill gap reflects how much power households use as well as what each kilowatthour costs.
For reliability it reported a SAIDI of 133.0 minutes per customer with major event days included, calculated under another method. The median among Indiana utilities reporting was 196.1 minutes with major event days; this utility's figure is 32% below that median.
The average price is up 28.8% on 2019, against up 17.4% for Indiana as a whole, and up 2.8% on 2023. EIA's early release for 2025, which has not been fully edited, shows 12.40¢.
Compared with Indiana, the US and other municipal utilities
| Measure, 2024 | This utility | Municipal utilities, US median | Indiana | United States |
|---|---|---|---|---|
| Average residential price per kWh | 13.12¢ | 12.45¢ | 14.77¢ | 16.48¢ |
| Average monthly residential bill | $120.06 | $113.02 | $133.06 | $142.26 |
| Average monthly use, kWh | 915 | 905 | 901 | 863 |
| Residential price change, 1 year | +2.8% | — | -1.1% | +3.0% |
| Residential price change, 5 years | +28.8% | — | +17.4% | +26.7% |
| SAIDI, all events (minutes) | 133.0 | 64.4 | 196.1 median | 184.5 median |
| SAIDI, without major event days | — | 40.3 | 114.1 median | 99.8 median |
State and US prices, bills and use are EIA's own averages over every customer. The ownership column and the reliability columns are medians across utilities with at least 1,000 residential customers, computed on this site from the final 2024 file. Among the 12 filings by municipal utilities in Indiana, the median price was 12.31¢. In Indiana this utility's price ranks 36 of 45, counting from the highest.
Average price by year
City of RichmondIndiana averageUS average
Year by year
| Year | ¢ per kWh | Indiana ¢ | Monthly bill | kWh a month | Residential customers | All sales |
|---|---|---|---|---|---|---|
| 2025 early release | 12.40¢ | 16.23¢ | $119.17 | 961 | 16,253 | 890.1 GWh |
| 2024 | 13.12¢ | 14.77¢ | $120.06 | 915 | 16,310 | 873.1 GWh |
| 2023 | 12.76¢ | 14.94¢ | $114.64 | 899 | 16,373 | 856 GWh |
| 2022 | 11.48¢ | 14.59¢ | $110.60 | 963 | 16,261 | 870.6 GWh |
| 2021 | 10.74¢ | 13.37¢ | $102.62 | 955 | 16,252 | 875.6 GWh |
| 2020 | 10.16¢ | 12.83¢ | $96.39 | 949 | 16,022 | 866.3 GWh |
| 2019 | 10.19¢ | 12.58¢ | $99.26 | 974 | 15,924 | 893.5 GWh |
| 2018 | 10.18¢ | 12.26¢ | $104.44 | 1,025 | 15,867 | 909.5 GWh |
| 2017 | 10.56¢ | 12.29¢ | $96.43 | 913 | 15,785 | 863.1 GWh |
| 2016 | 10.74¢ | 11.79¢ | $102.25 | 952 | 15,773 | 887.1 GWh |
| 2015 | 10.56¢ | 11.57¢ | $102.97 | 975 | 15,792 | 876 GWh |
| 2014 | 9.67¢ | 11.46¢ | $98.27 | 1,016 | 15,788 | 887.2 GWh |
| 2013 | 10.17¢ | 10.99¢ | $100.81 | 992 | 15,942 | 891.2 GWh |
Bundled residential service only in the price, bill and use columns. Bill = residential revenue ÷ customers ÷ 12; use = residential sales ÷ customers ÷ 12. EIA describes its early release as not fully edited; it is shown for this utility alone and enters no average, median or rank on this site.
Sales by sector, 2024
| Sector | Customers | Sales | Share of sales | Revenue | ¢ per kWh, bundled |
|---|---|---|---|---|---|
| Residential | 16,310 | 179.1 GWh | 21% | $23,498,300 | 13.12¢ |
| Commercial | 4,889 | 168 GWh | 19% | $21,886,400 | 13.03¢ |
| Industrial | 129 | 526 GWh | 60% | $51,493,300 | 9.79¢ |
Customers, sales and revenue count every service type the utility reported (bundled, energy-only and delivery-only). The price column uses bundled service alone, because part-bill revenue would understate it. Sources of energy: 902.6 GWh in total, of which 0% was its own net generation and 902.6 GWh was bought wholesale; summer peak demand 151 MW.
Reliability
Minutes of sustained interruption per customer in 2024, as the utility reported them under another method. SAIFI: 1.03 interruptions per customer with major event days; CAIDI 128.9 minutes per interruption. EIA's Indiana total across all reporting utilities was 312.4 minutes with major event days and 121.4 without. Major event days are storms and similar events that a utility's chosen method sets apart; methods differ, so treat comparisons as approximate. What SAIDI and SAIFI mean.
| Year | SAIDI, all events | SAIDI, no major events | SAIFI, all events | SAIFI, no major events | Method |
|---|---|---|---|---|---|
| 2025 early release | 79.0 | — | 0.87 | — | Other |
| 2024 | 133.0 | — | 1.03 | — | Other |
| 2023 | 139.0 | — | 3.83 | — | Other |
| 2022 | 59.0 | — | 0.62 | — | Other |
| 2021 | 27.0 | — | 0.46 | — | Other |
| 2020 | 41.0 | — | 0.57 | — | Other |
| 2019 | 46.0 | — | 0.67 | — | Other |
| 2018 | 53.0 | — | 0.76 | — | Other |
| 2017 | 78.0 | — | 0.74 | — | Other |
| 2016 | 70.2 | — | 0.79 | — | Other |
| 2015 | 49.6 | — | 0.55 | — | Other |
| 2014 | 76.0 | — | 1.00 | — | Other |
| 2013 | 31.0 | — | 1.00 | — | Other |
Generation at plants it operates, 2025
- Coal 98.8% 52 GWh
- Petroleum 1.2% 636 MWh
Net generation of 52.6 GWh at power plants this utility operates, from Form EIA-923. It is not the mix delivered to customers: utilities also buy power wholesale (902.6 GWh in 2024), sell generation to others and may co-own plants that another company operates.
Counties in its service territory
Counties the utility listed on Form EIA-861 for 2024. Listing a county does not mean the utility serves all of it.
Other utilities in Indiana
| Utility | Ownership | Residential customers | ¢ per kWh | Monthly bill | SAIDI, all events | SAIDI, no major events |
|---|---|---|---|---|---|---|
| City of Greenfield | Municipal | 11,858 | 13.13¢ | $101.34 | 9.8 | 9.8 |
| City of Logansport | Municipal | 11,350 | 10.93¢ | $81.27 | — | — |
| City of Mishawaka | Municipal | 25,071 | 10.32¢ | $61.87 | — | — |
| City of Peru | Municipal | 9,062 | 13.74¢ | $111.90 | 58.9 | 34.4 |
| City of Anderson | Municipal | 29,533 | 12.82¢ | $108.57 | 511.7 | 192.7 |
| Crawfordsville Elec, Lgt & Pwr | Municipal | 8,615 | 13.62¢ | $111.73 | 22.2 | 22.2 |
| City of Lebanon | Municipal | 8,076 | 12.57¢ | $98.97 | 139.3 | — |
| City of Frankfort | Municipal | 7,820 | 12.04¢ | $95.55 | — | — |
All Indiana utilities · Municipal utilities nationwide
Questions and answers
How much does electricity cost from City of Richmond?
Residential customers paid an average of 13.12¢ per kilowatthour in 2024. EIA derives this by dividing residential revenue by residential sales; it is an average across all rate schedules and charges, not a tariff rate.
How does that compare with Indiana?
The Indiana average residential price in 2024 was 14.77¢ and the US average 16.48¢; City of Richmond was 11% below the state figure. Among 45 utility filings with a bundled residential price in Indiana, it had the 36th highest.
What is the average City of Richmond bill?
$120.06 a month in 2024, on average residential use of 915 kWh a month (annual revenue and sales divided by customers and by twelve). The Indiana average was $133.06 on 901 kWh.
How reliable is City of Richmond service?
It reported 133.0 minutes of interruption per customer (SAIDI) including major event days, with 1.03 interruptions per customer (SAIFI) in 2024. Utilities calculate these under differing methods, so comparisons are approximate.
Is the City of Richmond price rising?
The average residential price was up 2.8% in 2024 compared with 2023 and up 28.8% compared with 2019. EIA's early, not fully edited release for 2025 shows 12.40¢.
Which counties does City of Richmond serve?
Its Form EIA-861 service territory lists 1 county: Wayne County, IN. A county can appear in several utilities' territories.
Provenance
Source: U.S. Energy Information Administration. Annual figures are from Form EIA-861 (sales to ultimate customers, reliability, operational data and service territory files), final release for 2024, respondent "City of Richmond - (IN)", utility number 15989; the 2025 row is from EIA's early release. State and US averages are from the Form EIA-861M sales and revenue workbook, published through July 2026. Generation by fuel is from Form EIA-923, 2025 final. All are US government works in the public domain. Page built 1 Oct 2026. Errors in processing are corrected at the next build; see corrections. For tariffs and rate schedules, consult the utility or the state utility commission.