Electricity Rates in Indiana (August 2026)

The average residential rate is 17.02¢/kWh — that's about $189/month for a typical household.

Source: U.S. Energy Information Administration. Data as of August 2026.

#28

out of 51 states (1 = cheapest)

$189/mo

based on 1,110 kWh average monthly usage

6.3%below

the national average of 18.16¢/kWh

3.3%up

over the past 12 months

Rates by Sector

SectorRate (¢/kWh)vs NationalAvg Monthly UsageAvg Monthly Bill
Residential17.02¢/kWh-6.3%1,110 kWh$189
Commercial13.29¢/kWh-8.2%7,228 kWh$961
Industrial9.28¢/kWh-3.7%206,924 kWh$19,205
National Avg — Residential18.16¢/kWh—1,152 kWh$209
National Avg — Commercial14.47¢/kWh—7,661 kWh$1,108
National Avg — Industrial9.64¢/kWh—81,834 kWh$7,890

Electricity Providers in Indiana

Type
Service
Service Area
Duke Energy Indiana, LLC
IOU
Bundled
12.75¢/kWh
$120
796,265
Bartholomew, Benton, Boone+68 more
AES Indiana
IOU
Bundled
13.75¢/kWh
$123
469,499
Bartholomew, Boone, Daviess+17 more
Northern Indiana Pub Serv Co
IOU
Bundled
19.09¢/kWh
$126
430,648
Benton, Carroll, DeKalb+17 more
Indiana Michigan Power Co
IOU
Bundled
16.31¢/kWh
$135
422,062
Adams, Allen, Blackford+22 more
Southern Indiana Gas & Elec Co
IOU
Bundled
17.52¢/kWh
$155
133,795
Dubois, Gibson, Pike+4 more
Hendricks County Rural E M C
Co-op
Bundled
13.84¢/kWh
$160
37,638
Hendricks, Montgomery, Morgan+1 more
South Central Indiana REMC
Co-op
Bundled
17.73¢/kWh
$191
34,901
Brown, Clay, Johnson+4 more
Northeastern Rural E M C
Co-op
Bundled
14.96¢/kWh
$149
30,610
Allen, Huntington, Kosciusko+3 more
City of Anderson - (IN)
Municipal
Bundled
12.82¢/kWh
$109
29,533
Madison
Tipmont Rural Elec Member Corp
Co-op
Bundled
16.07¢/kWh
$154
28,885
Benton, Boone, Carroll+5 more

Utility data from EIA Form 861, 2024

Power Outages in Indiana

740 customers currently without power in Indiana

Frequently Asked Questions

The average residential electricity rate in Indiana is 17.02¢ per kWh. Commercial customers pay an average of 13.29¢ per kWh and industrial customers pay 9.28¢ per kWh.

Source: U.S. Energy Information Administration. Data as of August 2026. Utility data from EIA Form 861, 2024.