Electricity Rates in Indiana (March 2026)

The average residential rate is 17.85¢/kWh — that's about $144/month for a typical household.

#33out of 51 states (1 = cheapest)

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

5.2%below

the national average of 18.83¢/kWh

$144/mo

based on 805 kWh average monthly usage

8.8%up

over the past 12 months

Rates by Sector

SectorRate (¢/kWh)vs NationalAvg Monthly UsageAvg Monthly Bill
Residential17.85¢/kWh-5.2%805 kWh$144
Commercial14.32¢/kWh5,918 kWh$847
Industrial9.00¢/kWh190,221 kWh$17,119
National Average18.83¢/kWh748 kWh$141

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

3,054 customers currently without power in Indiana

Frequently Asked Questions

The average residential electricity rate in Indiana is 17.85¢ per kWh. Commercial customers pay an average of 14.32¢ per kWh and industrial customers pay 9.00¢ per kWh.

Compare Nearby States

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

Utility data from EIA Form 861, 2024.

Electricity Rates in Indiana (March 2026) | Average kWh Cost & Bills