Electricity rates in Indiana
See the latest average electricity prices in Indiana and estimate your bill with a calculator prefilled with the local residential rate.
$0.18
per kWh · EIA, Jun 2026
Residential
$0.18
per kWh
Commercial
$0.14
per kWh
Industrial
$0.09
per kWh
vs US average
-5%
cheaper
Price rank
#21
of 51 (1 = highest)
Avg monthly bill
$155
at 886 kWh typical usage
How Indiana compares
Residential price per kWh vs the national average and the cheapest/most expensive states.
Sample monthly bills in Indiana
Estimated energy cost at Indiana's average residential rate (before fixed charges and tax).
500 kWh / month
$87.55
≈ $1,050.6/year
900 kWh / month
$157.59
≈ $1,891.08/year
1200 kWh / month
$210.12
≈ $2,521.44/year
Indiana electricity bill calculator
Prefilled with Indiana's average residential rate. Adjust usage, add fixed charges, or switch to a tiered tariff.
$115.06
600 kWh · ≈ $3.78/day
Per day
$3.78
Per year
$1,380.72
7,200 kWh/yr
Cost breakdown
- Energy91%
- Fixed charge9%
Estimate only. Check your official utility bill for exact charges.
About electricity prices in Indiana
What the rate includes
The figures above are EIA average retail prices — the total revenue utilities collect divided by kWh sold. Your own rate depends on your utility, plan, and usage tier, so treat this as a Indiana benchmark.
Lowering your bill
The fastest wins are usually heating, cooling, and water heating. Use the appliance calculator to find your biggest energy users, then shift heavy usage off-peak if your plan supports it.
Other states
View all ratesWant the bill side, not just the rate? See the average electric bill in Indiana by home size.