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Electricity prices in Indiana

Homes in Indiana paid an average of 17.02 cents per kilowatt-hour for electricity in August 2026, compared with 16.21 cents a year earlier. Over the 12 months to August 2026 the average was 16.90 cents, the 20th highest of the 50 states and DC. The US average over the same period was 18.04 cents.

Residential price, August 2026 (preliminary)17.02¢+5.0% vs year earlier
12-month average price16.90¢+8.8% vs year earlier
Average monthly bill, last 12 months$157+9.0% vs year earlier
Average monthly use, last 12 months929 kWhUS: 875 kWh
Price change since August 2021+27.6%from 13.34¢
Business (commercial) price, August 202613.29¢per kWh

Monthly price since 2017

1012141618202017201820192020202120222023202420252026

IndianaUS average

Average residential revenue per kilowatt-hour sold, in cents, each month. Prices usually rise in summer in many states because of tiered and seasonal rates.

Year by year

YearPrice (cents/kWh)Average monthly billAverage monthly use (kWh)Residential customers
202515.96$1509383,084,068
202414.77$1339013,056,215
202314.94$1318763,018,492
202214.59$1399502,988,150
202113.37$1279462,948,797
202012.83$1209382,920,260
201912.58$1219602,887,031
201812.26$1231,0062,863,350
201712.29$1149282,834,090
201611.79$1159752,821,547
201511.57$1129642,804,861
201411.46$1161,0092,784,660
201310.99$1101,0052,771,254
201210.53$1059972,755,594
201110.06$1041,0302,744,889
20109.56$1021,0652,742,783

Full calendar years with final EIA data. Bills and use are averages per residential customer account.

Last 24 months

MonthPrice (cents/kWh)Average billAverage use (kWh)
August 2026 (preliminary)17.02$1891,110
July 2026 (preliminary)16.73$2051,225
June 2026 (preliminary)17.51$164937
May 2026 (preliminary)18.15$129713
April 2026 (preliminary)17.90$123688
March 2026 (preliminary)17.85$144806
February 2026 (preliminary)16.06$1751,089
January 2026 (preliminary)16.19$1921,187
December 202515.65$1691,080
November 202517.12$129755
October 202517.02$122718
September 202516.99$143844
August 202516.21$1791,101
July 202515.94$2041,277
June 202516.25$158969
May 202516.65$115690
April 202516.64$115689
March 202516.14$134830
February 202514.35$1521,062
January 202514.28$1771,241
December 202414.33$1461,020
November 202416.24$113695
October 202415.73$106677
September 202414.82$130877

Utilities in Indiana, 2025

Full-service (bundled) residential customers by utility for 2025, from the annual EIA-861 survey. Select a heading to sort.

Duke Energy Indiana, LLCinvestor-owned utility808,57214.98$149
AES Indianainvestor-owned utility469,63414.69$138
Northern Indiana Pub Serv Coinvestor-owned utility433,88922.05$148
Indiana Michigan Power Coinvestor-owned utility425,00717.16$146
Southern Indiana Gas & Elec Coinvestor-owned utility134,70019.78$177
Hendricks County Rural E M Celectric cooperative38,55413.68$166
South Central Indiana REMCelectric cooperative35,21617.54$199
Northeastern Rural E M Celectric cooperative31,03415.43$158
City of Andersonmunicipal utility29,60012.67$108
Tipmont Rural Elec Member Corpelectric cooperative29,54016.37$163
Johnson County Rural E M Celectric cooperative29,13213.45$151
Clark County Rural E M Celectric cooperative27,70714.32$179
Southeastern Indiana R E M Celectric cooperative26,27115.63$188
City of Mishawakamunicipal utility25,18012.38$76
Jackson County Rural E M Celectric cooperative24,35414.40$194
Harrison County Rural E M Celectric cooperative23,48213.57$181
Boone County Rural EMCelectric cooperative19,22415.80$198
Utilities Dist-Western IN REMCelectric cooperative19,04915.67$176
Kankakee Valley Rural E M Celectric cooperative19,02714.72$145
NineStar Connectelectric cooperative18,75116.50$208
Heartland REMCelectric cooperative18,14414.51$179
Kosciusko County Rural E M Celectric cooperative17,47313.10$122
City of Richmondmunicipal utility16,25312.40$119
Western Indiana Energy REMCelectric cooperative15,01214.73$181
Carroll-White REMCelectric cooperative14,85315.45$171
RushShelby Energyelectric cooperative14,76616.36$197
Dubois Rural Electric Coop Incelectric cooperative13,48413.92$150
Whitewater Valley Rural EMCelectric cooperative12,03515.39$183
City of Greenfieldmunicipal utility12,00913.05$106
City of Logansportmunicipal utility11,50710.31$81
Bartholomew County Rural E M Celectric cooperative11,49314.53$173
Noble County R E M Celectric cooperative11,03613.36$143
Steuben County Rural E M Celectric cooperative9,19314.05$123
Southern Indiana R E C, Incelectric cooperative8,95715.47$157
City of Perumunicipal utility8,84713.25$111
Crawfordsville Elec, Lgt & Pwrmunicipal utility8,68512.83$109
City of Lebanonmunicipal utility8,32811.82$97
Decatur County Rural E M Celectric cooperative8,18715.02$184
Daviess Martin County R E M Celectric cooperative8,02414.90$193
City of Frankfortmunicipal utility7,85711.35$94
Jasper County Rural E M Celectric cooperative7,78616.09$183
City of Auburnmunicipal utility6,8267.53$62
City of Jaspermunicipal utility6,49911.03$105
City of Blufftonmunicipal utility5,00310.16$87
Paulding-Putman Elec Coop, Incelectric cooperative3,96514.05$162

Reliability across Indiana in 2025: the average customer was without power for 345 minutes over 1.38 interruptions, or 125 minutes excluding major storms and other major event days. This is EIA's state total for utilities reporting under any standard, covering 3,080,728 customers.

If your bill is hard to pay

The federal Low Income Home Energy Assistance Program (LIHEAP) helps with heating and cooling bills. Find your state office on the LIHEAP page. Your state utility commission handles complaints about utility billing and rates.

Sources

  1. US Energy Information Administration, Annual Electric Power Industry Report, Form EIA-861, 2025 and 2024 detailed data (Sales to Ultimate Customers, Reliability, Service Territory, Average Bill)
  2. US Energy Information Administration, Electric power sales, revenue, and energy efficiency, Form EIA-861M detailed data (sales_revenue.xlsx), monthly 2010 to August 2026
  3. US Energy Information Administration, Electric Power Monthly, Table 5.6.A and Table 5.6.B, average price of electricity by state (used to cross-check every state figure for August 2026)

Checked 29 October 2026. Figures for 2026 are preliminary and EIA may revise them. These are statewide averages, not the rate on your bill.