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Indiana Electricity Rates

Average price of electricity in Indiana, July 2026, from the U.S. Energy Information Administration. Recent months are preliminary.

Residential
16.73¢/kWh
July 2026
Commercial
13.30¢/kWh
July 2026
Industrial
9.16¢/kWh
July 2026
Average home bill
$150/mo
2025, 938 kWh a month

Indiana electricity prices, 5 years

Average cents per kilowatt-hour by month

ResidentialCommercialIndustrial
Show as a table
PeriodResidential
Jul 202616.73¢
Dec 202515.91¢
Dec 202414.33¢
Dec 202314.58¢
Dec 202215.25¢
Dec 202113.57¢

Residential price by month

Cents per kWh, homes, and change from the same month a year earlier

Swipe the table sideways to see more columns.

MonthPrice1 year changeCustomers
Jul 202616.73¢/kWh+3.4%3,039,627
Jun 202617.51¢/kWh+6.3%3,037,666
May 202618.15¢/kWh+7.4%3,034,346
Apr 202617.90¢/kWh+6.0%3,032,876
Mar 202617.85¢/kWh+8.8%3,032,277
Feb 202616.06¢/kWh+9.7%3,030,849
Jan 202616.19¢/kWh+11.3%3,027,334
Dec 202515.91¢/kWh+11.0%3,025,378
Nov 202517.41¢/kWh+7.2%3,021,422
Oct 202517.34¢/kWh+10.2%3,019,480
Sep 202517.33¢/kWh+16.9%3,015,220
Aug 202516.47¢/kWh+11.4%3,002,869
Jul 202516.18¢/kWh+10.0%3,001,217
Jun 202516.48¢/kWh+11.3%2,998,976
May 202516.90¢/kWh+10.7%2,996,451
Apr 202516.89¢/kWh+10.2%2,995,225
Mar 202516.40¢/kWh+13.1%2,991,772
Feb 202514.64¢/kWh+4.1%2,988,439
Jan 202514.55¢/kWh+6.2%2,986,387
Dec 202414.33¢/kWh-1.7%3,073,974
Nov 202416.24¢/kWh+10.9%3,068,147
Oct 202415.73¢/kWh+3.7%3,067,768
Sep 202414.82¢/kWh+5.1%3,064,827
Aug 202414.79¢/kWh+4.4%3,061,583

Electric utilities in Indiana

Largest by customers, 2025. Price and bill are for homes served with bundled generation and delivery

All 118

Swipe the table sideways to see more columns.

UtilityCustomersHome priceHome bill
Duke Energy Indiana, LLCInvestor Owned921,80414.98¢/kWh$149/mo
AES IndianaInvestor Owned530,67114.69¢/kWh$138/mo
Northern Indiana Pub Serv CoInvestor Owned496,54222.05¢/kWh$148/mo
Indiana Michigan Power CoInvestor Owned485,54317.16¢/kWh$146/mo
Southern Indiana Gas & Elec CoInvestor Owned154,46519.78¢/kWh$177/mo
Hendricks County Rural E M CCooperative39,62113.68¢/kWh$166/mo
South Central Indiana REMCCooperative35,83317.54¢/kWh$199/mo
City of Anderson - (IN)Municipal33,54312.67¢/kWh$108/mo
Northeastern Rural E M CCooperative33,17315.43¢/kWh$158/mo
Johnson County Rural E M CCooperative32,30013.45¢/kWh$151/mo
Tipmont Rural Elec Member CorpCooperative31,53916.37¢/kWh$163/mo
Clark County Rural E M C - (IN)Cooperative29,24414.32¢/kWh$179/mo
City of MishawakaMunicipal28,97312.38¢/kWh$76/mo
Southeastern Indiana R E M CCooperative28,65215.63¢/kWh$188/mo
Jackson County Rural E M C - (IN)Cooperative25,53214.40¢/kWh$194/mo
Harrison County Rural E M CCooperative24,98013.57¢/kWh$181/mo
Kankakee Valley Rural E M CCooperative21,70214.72¢/kWh$145/mo
City of Richmond - (IN)Municipal21,32012.40¢/kWh$119/mo
Utilities Dist-Western in RemcCooperative20,14815.67¢/kWh$176/mo
NineStar ConnectCooperative19,92816.50¢/kWh$208/mo
Boone County Rural EMCCooperative19,81415.80¢/kWh$198/mo
Kosciusko County Rural E M CCooperative19,05613.10¢/kWh$122/mo
Heartland REMCCooperative18,63214.51¢/kWh$179/mo
Western Indiana Energy REMCCooperative17,46314.73¢/kWh$181/mo
Carroll-White REMCCooperative15,21015.45¢/kWh$171/mo
RushShelby EnergyCooperative15,05116.36¢/kWh$197/mo
Dubois Rural Electric Coop IncCooperative14,57413.92¢/kWh$150/mo
City of Greenfield - (IN)Municipal13,12313.05¢/kWh$106/mo
City of Logansport - (IN)Municipal13,03010.31¢/kWh$81/mo
Parke County Rural E M CCooperative12,663Not reportedNot reported
Bartholomew County Rural E M CCooperative12,25114.53¢/kWh$173/mo
Whitewater Valley Rural EMCCooperative12,24115.39¢/kWh$183/mo
Noble County R E M CCooperative11,71913.36¢/kWh$143/mo
City of Peru - (IN)Municipal10,64013.25¢/kWh$111/mo
Crawfordsville Elec, Lgt & PwrMunicipal10,25712.83¢/kWh$109/mo
Steuben County Rural E M CCooperative9,78014.05¢/kWh$123/mo
Henry County Rural E M CCooperative9,668Not reportedNot reported
City of Lebanon - (IN)Municipal9,59911.82¢/kWh$97/mo
Southern Indiana R E C, IncCooperative9,59215.47¢/kWh$157/mo
City of Frankfort - (IN)Municipal9,52211.35¢/kWh$94/mo

Price is revenue divided by kilowatt-hours sold. Where customers can choose a retail electricity supplier, the utility that delivers power may report only delivery charges, so its price can look lower than what customers pay in total.

Frequently asked questions

What is the average electricity rate in Indiana?
Homes in Indiana paid an average of 16.73¢/kWh per kilowatt-hour in July 2026, compared with 16.18¢/kWh a year earlier. The U.S. average was 18.31¢/kWh.
Is electricity expensive in Indiana?
Indiana had the 23rd highest average residential price of 51 states and DC in July 2026.
What is the average electric bill in Indiana?
The average Indiana home used 938 kWh a month and paid $149.72 a month in 2025, according to EIA.
What is the largest electric utility in Indiana?
Duke Energy Indiana, LLC serves the most customers in Indiana, about 921,804 in 2025.

Source: U.S. Energy Information Administration, Form EIA-861M and Form EIA-861 · Data for July 2026