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.
$0.17
per kWh · EIA, Jul 2026
Residential
$0.17
per kWh
Commercial
$0.13
per kWh
Industrial
$0.09
per kWh
vs US average
-9%
cheaper
Price rank
#23
of 51 (1 = highest)
Avg monthly bill
$148
at 886 kWh typical usage
How Indiana compares
Residential price per kWh vs the national average and the cheapest/most expensive states.
Typical electric bills by home size in Indiana
Estimated energy cost at Indiana's average residential rate of $0.17/kWh, before fixed charges and tax.
| Home size | Typical usage | Monthly | Yearly |
|---|---|---|---|
| 1-bedroom apartment | ≈ 550 kWh/mo | $92.02 | $1,104.18/yr |
| 2-bedroom home | ≈ 700 kWh/mo | $117.11 | $1,405.32/yr |
| 3-bedroom house | ≈ 900 kWh/mo | $150.57 | $1,806.84/yr |
| 4-bedroom house | ≈ 1150 kWh/mo | $192.4 | $2,308.74/yr |
Indiana electricity bill calculator
Prefilled with Indiana's average residential rate. Adjust usage, add fixed charges, or switch to a tiered tariff.
$110.38
600 kWh · ≈ $3.63/day
Per day
$3.63
Per year
$1,324.56
7,200 kWh/yr
Cost breakdown
- Energy91%
- Fixed charge9%
Estimate only. Check your official utility bill for exact charges.
Electricity rates in Indiana: common questions
Indiana's average residential electricity price is $0.17 per kWh (EIA, Jul 2026) — about 9% below the US average of $0.18. That ranks #23 of 51 states by residential price (1 = most expensive).
Other states
View all ratesWant the bill side, not just the rate? See the average electric bill in Indiana by home size.