Level 2 EV Charger (240V) in Fishers — $1,606/yr to Run (12.4¢/kWh)
Your level 2 ev charger (240v) in Fishers costs about $134/month at 12.4¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.
Fishers, IN Electricity Rate
12.4¢/kWh
Utility: Indiana Michigan Power
-5% vs national avg
National avg: 13.0¢/kWh
Daily Cost
$5.35
43.2 kWh/day
Monthly Cost
$133.81
1080 kWh/mo
Annual Cost
$1,606
12,960 kWh/yr
Lifetime (15yr)
$24,086
energy only
Monthly Cost Breakdown in Fishers
| Period | kWh | Fishers Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 43.2 | $5.35 | $5.62 | $-0.26 |
| Weekly | 302.4 | $37.47 | $39.31 | $-1.84 |
| Monthly | 1080.0 | $133.81 | $140.40 | $-6.59 |
| Quarterly | 3240.0 | $401.44 | $421.20 | $-19.76 |
| Annual | 12960.0 | $1605.74 | $1684.80 | $-79.06 |
Customize Your Level 2 EV Charger (240V) Cost
Adjust usage hours and electricity rate to calculate your exact cost in Fishers.
Daily
$5.35
Monthly
$133.81
Annual
$1,606
15-Year
$24,086
Energy Saving Tips for Level 2 EV Charger (240V) in Fishers
- ✓Fishers has below-average electricity rates, but saving energy still reduces your carbon footprint.
- ✓A smart Level 2 EV Charger (240V) with scheduling optimization can save ~$321/year at Fishers rates.
- ✓Charge during off-peak hours
- ✓Set charging schedules
- ✓Use solar for daytime charging
Highest-Cost Appliances in Fishers, IN
See which appliances cost the most to run at Fishers's 12.4¢/kWh electricity rate.
Electric Furnace
HVAC · 10,000W
$1,115/yr
$92.92/mo
Electric Tankless Water Heater
Water Heating · 18,000W
$814/yr
$67.84/mo
EV Charger (Level 2)
Garage · 7,200W
$803/yr
$66.91/mo
Boiler (Electric)
HVAC · 6,000W
$669/yr
$55.75/mo
Electric Water Heater (Tank)
Water Heating · 4,500W
$611/yr
$50.88/mo
Water Heater (Tank Electric)
Water Heating · 4,500W
$611/yr
$50.88/mo
Heat Pump
HVAC · 2,400W
$476/yr
$39.65/mo
Hot Tub / Spa
Pool & Spa · 3,000W
$446/yr
$37.17/mo
Level 2 EV Charger (240V) Cost in Other Indiana Cities
| City | Rate | Annual Cost | vs Fishers |
|---|---|---|---|
| Fishers (current) | 12.4¢ | $1,606 | — |
| Indianapolis | 12.9¢ | $1,669 | +$64 |
| Fort Wayne | 13.3¢ | $1,728 | +$122 |
| Evansville | 14.4¢ | $1,865 | +$259 |
| South Bend | 15.0¢ | $1,939 | +$333 |
| Carmel | 11.0¢ | $1,423 | $-183 |
| Bloomington | 12.3¢ | $1,590 | $-16 |
| Hammond | 10.3¢ | $1,337 | $-268 |
| Lafayette | 12.7¢ | $1,650 | +$44 |
Level 2 EV Charger (240V) Energy Cost FAQ — Fishers, IN
Understanding Level 2 EV Charger (240V) Energy Costs in Fishers, IN
In the Fishers area, Indiana Michigan Power serves a smaller residential base, and rates can be more sensitive to seasonal demand swings than in larger metros. Running a high-draw appliance like the Level 2 EV Charger (240V) (7,200W) at Fishers's rate of 12.4¢/kWh costs approximately $1,606 per year — $79 less than the national average of $1,685.
Rates in Fishers are close to the national average, so the Level 2 EV Charger (240V)'s annual cost of $1,606 is broadly representative of what most US households pay. Over the 15-year expected lifespan, total energy cost reaches $24,086.
With a cost of living index of 100.5, Fishers is near the national median. The Level 2 EV Charger (240V)'s monthly cost of $133.81 represents a typical share of the average Fishers electric bill of $112/month. While no ENERGY STAR version is available, a smart Level 2 EV Charger (240V) with automated scheduling can reduce consumption by 20%, saving $321/year.
Fishers's moderate climate (avg 54°F) helps keep seasonal energy cost swings manageable for most appliances. A Level 2 EV Charger (240V) produces approximately 9.2 tons of CO2 annually at typical usage. Fishers residents can reduce this footprint by optimizing usage patterns, or investing in solar — see our solar savings calculator for Fishers.
Compare All Energy Costs in Fishers
See energy costs for 168+ household appliances at Fishers's local electricity rate.