How much is the average electric bill in Indiana?

The average residential electric bill in Indiana is about $205 per month, reflecting average monthly usage of 1,225 kWh at a residential rate of 16.73¢ per kWh.

Is electricity expensive in Indiana?

At 16.73¢ per kWh, Indiana's residential electricity rate is 8.6% lower than the U.S. average of 18.31¢ per kWh. That makes it the 29th-cheapest of 51 states and DC ranked by residential price.

Electricity Rates in Indiana (July 2026)

Name: Indiana Electricity Rates
Creator: U.S. Energy Information Administration

The average residential rate is 16.73¢/kWh — that's about $205/month for a typical household.

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

#29

out of 51 states (1 = cheapest)

$205/mo

based on 1,225 kWh average monthly usage

8.6%below

the national average of 18.31¢/kWh

3.4%up

over the past 12 months

Rates by Sector

Sector	Rate (¢/kWh)	vs National	Avg Monthly Usage	Avg Monthly Bill	vs National
Residential	16.73¢/kWh	-8.6%	1,225 kWh	$205	-8.6%
Commercial	13.30¢/kWh	-8.5%	7,413 kWh	$986	-8.5%
Industrial	9.16¢/kWh	-6.2%	210,240 kWh	$19,252	-6.2%
National Avg — Residential	18.31¢/kWh	—	1,160 kWh	$212	—
National Avg — Commercial	14.53¢/kWh	—	7,631 kWh	$1,109	—
National Avg — Industrial	9.77¢/kWh	—	81,736 kWh	$7,983	—

Electricity Providers in Indiana

	Type	Service				Service Area
Duke Energy Indiana, LLC	IOU	Bundled	12.75¢/kWh	$120	796,265	Bartholomew, Benton, Boone, Brown, Carroll, Cass, Clark, Clay, Clinton, Crawford, Daviess, Dearborn, Decatur, Delaware, Dubois, Fayette, Floyd, Fountain, Franklin, Fulton, Gibson, Grant, Greene, Hamilton, Hancock, Harrison, Hendricks, Henry, Howard, Huntington, Jackson, Jefferson, Jennings, Johnson, Knox, Kosciusko, Lawrence, Madison, Marion, Martin, Miami, Monroe, Montgomery, Morgan, Ohio, Orange, Owen, Parke, Pike, Posey, Putnam, Randolph, Ripley, Rush, Scott, Shelby, Sullivan, Switzerland, Tippecanoe, Tipton, Union, Vermillion, Vigo, Wabash, Warren, Warrick, Washington, Wayne, Wells, White, Whitley+68 moreless
AES Indiana	IOU	Bundled	13.75¢/kWh	$123	469,499	Bartholomew, Boone, Daviess, Gibson, Greene, Hamilton, Hancock, Hendricks, Johnson, Knox, Madison, Marion, Monroe, Morgan, Owen, Pike, Putnam, Shelby, Sullivan, Switzerland+17 moreless
Northern Indiana Pub Serv Co	IOU	Bundled	19.09¢/kWh	$126	430,648	Benton, Carroll, DeKalb, Elkhart, Fulton, Jasper, Kosciusko, LaPorte, Lagrange, Lake, Marshall, Newton, Noble, Porter, Pulaski, St Joseph, Starke, Steuben, Warren, White+17 moreless
Indiana Michigan Power Co	IOU	Bundled	16.31¢/kWh	$135	422,062	Adams, Allen, Blackford, DeKalb, Delaware, Elkhart, Grant, Hamilton, Henry, Howard, Huntington, Jay, LaPorte, Lagrange, Madison, Marshall, Miami, Noble, Randolph, St Joseph, Steuben, Tipton, Wabash, Wells, Whitley+22 moreless
Southern Indiana Gas & Elec Co	IOU	Bundled	17.52¢/kWh	$155	133,795	Dubois, Gibson, Pike, Posey, Spencer, Vanderburgh, Warrick+4 moreless
Hendricks County Rural E M C	Co-op	Bundled	13.84¢/kWh	$160	37,638	Hendricks, Montgomery, Morgan, Putnam+1 moreless
South Central Indiana REMC	Co-op	Bundled	17.73¢/kWh	$191	34,901	Brown, Clay, Johnson, Monroe, Morgan, Owen, Putnam+4 moreless
Northeastern Rural E M C	Co-op	Bundled	14.96¢/kWh	$149	30,610	Allen, Huntington, Kosciusko, Noble, Wabash, Whitley+3 moreless
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, Clinton, Fountain, Montgomery, Tippecanoe, White+5 moreless

Utility data from EIA Form 861, 2024

Power Outages in Indiana

358 customers currently without power in Indiana

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Frequently Asked Questions

The average residential electricity rate in Indiana is 16.73¢ per kWh. Commercial customers pay an average of 13.30¢ per kWh and industrial customers pay 9.16¢ per kWh.

Illinois$193/mo19.22¢/kWh Ohio$224/mo19.45¢/kWh Kentucky$193/mo13.81¢/kWh Michigan$211/mo23.05¢/kWh