IndianaElectricity Rates & Utility Costs
The average residential electricity rate in Indiana is 15.42¢/kWh, which is around the national average. That's 10.5% lower than the national average.
Residential
15.42¢
per kWh
Commercial
13.07¢
per kWh
Industrial
8.39¢
per kWh
Avg Monthly Bill
$145
residential
Indiana vs National Average
| Metric | Indiana | National Avg | Difference |
|---|---|---|---|
| Residential Rate | 15.42¢/kWh | 17.22¢/kWh | -1.80¢ |
| Monthly Bill | $145 | $134 | +$11.00 |
| Renewable Energy | 11.0% | ~22% | Below avg |
| Primary Source | Coal | ||
Why Electricity Is Affordable in Indiana
Indiana's electricity rates are close to the national average. The state relies primarily on Coal for power generation, with renewable sources making up 11.0% of the mix. Competitive market options and moderate generation costs help keep rates stable.
Utility Companies in Indiana
| Utility | Avg Rate | Customers | Type |
|---|---|---|---|
| Duke Energy Indiana | 14.90¢/kWh | 850,000 | electric |
| Indiana Michigan Power | 15.42¢/kWh | 600,000 | electric |
| Indianapolis Power & Light | 14.60¢/kWh | 500,000 | electric |
Appliance Running Costs in Indiana
Based on Indiana's residential rate of 15.42¢/kWh.
| Appliance | Watts | Hours/Day | Monthly Cost | Annual Cost |
|---|---|---|---|---|
| Air Purifier | 50 | 24 | $5.55 | $66.61 |
| Blender | 400 | 0.1 | $0.19 | $2.22 |
| CFL Bulb (13W) | 13 | 8 | $0.48 | $5.77 |
| Cable / Satellite Box | 35 | 24 | $3.89 | $46.63 |
| Ceiling Fan | 75 | 12 | $4.16 | $49.96 |
| Central Air Conditioner | 3,500 | 8 | $129.53 | $1,554.34 |
| Chest Freezer | 80 | 24 | $8.88 | $106.58 |
| Clothes Dryer (Electric) | 3,000 | 1 | $13.88 | $166.54 |
| Coffee Maker | 900 | 0.25 | $1.04 | $12.49 |
| Crypto Mining Rig | 1,500 | 24 | $166.54 | $1,998.43 |
| Dehumidifier | 300 | 12 | $16.65 | $199.84 |
| Desktop Computer | 200 | 8 | $7.40 | $88.82 |
| Dishwasher | 1,800 | 1 | $8.33 | $99.92 |
| Electric Baseboard Heater | 1,000 | 10 | $46.26 | $555.12 |
| Electric Fireplace | 1,400 | 4 | $25.91 | $310.87 |
Compare With Other States
More Data for Indiana
Frequently Asked Questions
What is the average electricity rate in Indiana?
The average residential electricity rate in Indiana is 15.42¢ per kWh, which is 10.5% below the national average of 17.22¢/kWh.
How much is the average monthly electric bill in Indiana?
The average monthly residential electric bill in Indiana is $145, compared to the national average of $134.
Why is electricity cheap in Indiana?
Indiana's electricity rates are close to the national average. The state relies primarily on Coal for power generation, with renewable sources making up 11.0% of the mix. Competitive market options and moderate generation costs help keep rates stable.
What is the main energy source in Indiana?
The primary energy source in Indiana is Coal, with 11.0% of electricity coming from renewable sources.
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Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)