States › Indiana
State · 2024 annual, monthly to Jul 2026
Indiana electricity prices and utilities
Households in Indiana paid an average of 14.77¢ per kilowatthour for electricity in 2024, 10% below the US average of 16.48¢. That ranks 27th highest of the 50 states and the District of Columbia.
The average residential bill was $133.06 a month on 901 kWh of monthly use (US: $142.26 on 863 kWh), the 28th highest bill. Residential sales came to 4,739 kWh per resident over the year.
In July 2026, the latest month EIA has published, the residential average was 16.73¢, up 3.4% on July 2025; the US figure for the month was 18.31¢. Monthly figures are preliminary until EIA finalises the year.
45 respondents reported residential customers in Indiana on the full Form EIA-861 for 2024, and 71 smaller utilities filed the short form, which has no residential breakdown. Investor-owned utilities account for 77.7% of the residential customers reported.
Average price is revenue divided by sales for the sector and year; it is not a tariff rate. Reliability figures are as reported by utilities to EIA on Form 861 and may use different calculation methods. State averages are EIA's own, from Forms EIA-861 and EIA-861M.
Residential price by month
IndianaUnited States
Monthly pages:Jul 2026Jun 2026May 2026Apr 2026Mar 2026Feb 2026Jan 2026Dec 2025Nov 2025Oct 2025Sep 2025Aug 2025Jul 2025Jun 2025May 2025Apr 2025Mar 2025Feb 2025Jan 2025Dec 2024Nov 2024Oct 2024Sep 2024Aug 2024
Year by year
| Year | Residential ¢ | US ¢ | Commercial ¢ | Industrial ¢ | Monthly bill | kWh a month |
|---|---|---|---|---|---|---|
| 2026 to Jul 2026 | 17.04¢ | 18.19¢ | 13.93¢ | 9.15¢ | $161.77 | 949 |
| 2025 preliminary | 16.23¢ | 17.30¢ | 13.88¢ | 8.89¢ | $155.34 | 957 |
| 2024 | 14.77¢ | 16.48¢ | 12.44¢ | 8.15¢ | $133.06 | 901 |
| 2023 | 14.94¢ | 16.00¢ | 12.55¢ | 8.24¢ | $130.90 | 876 |
| 2022 | 14.59¢ | 15.04¢ | 12.86¢ | 8.65¢ | $138.61 | 950 |
| 2021 | 13.37¢ | 13.66¢ | 11.58¢ | 7.39¢ | $126.51 | 946 |
| 2020 | 12.83¢ | 13.15¢ | 11.21¢ | 6.98¢ | $120.34 | 938 |
| 2019 | 12.58¢ | 13.01¢ | 11.03¢ | 7.36¢ | $120.74 | 960 |
| 2018 | 12.26¢ | 12.87¢ | 10.60¢ | 7.38¢ | $123.39 | 1,006 |
| 2017 | 12.29¢ | 12.89¢ | 10.54¢ | 7.54¢ | $114.04 | 928 |
| 2016 | 11.79¢ | 12.55¢ | 10.01¢ | 6.97¢ | $114.96 | 975 |
| 2015 | 11.57¢ | 12.65¢ | 9.78¢ | 6.86¢ | $111.51 | 964 |
| 2014 | 11.46¢ | 12.52¢ | 9.96¢ | 6.97¢ | $115.56 | 1,009 |
| 2013 | 10.99¢ | 12.13¢ | 9.60¢ | 6.70¢ | $110.44 | 1,005 |
Nominal prices. The five-year change in the residential average is +17.4%. A part-year row covers January to the latest month published, so it is not comparable with full years: winter and summer months weigh differently.
Utilities by average residential price, 2024
Every filing with at least 100 bundled residential customers in Indiana, highest average price first. Linked utilities have 1,000 or more residential customers. A multi-state utility appears with its Indiana figures only.
| Utility | Ownership | Residential customers | ¢ per kWh | Monthly bill | SAIDI, all events | SAIDI, no major events |
|---|---|---|---|---|---|---|
| Midwest Energy Cooperative | Cooperative | 310 | 19.16¢ | $196.05 | — | — |
| Northern Indiana Pub Serv Co | Investor-owned | 430,648 | 19.09¢ | $125.77 | 534.0 | 169.0 |
| South Central Indiana REMC | Cooperative | 34,901 | 17.73¢ | $190.86 | 741.5 | 307.2 |
| Southern Indiana Gas & Elec Co | Investor-owned | 133,795 | 17.52¢ | $155.32 | 458.0 | 81.2 |
| RushShelby Energy | Cooperative | 14,761 | 16.89¢ | $194.39 | 390.6 | 205.6 |
| Boone County Rural EMC | Cooperative | 18,371 | 16.51¢ | $197.31 | 59.9 | 59.9 |
| Indiana Michigan Power Co | Investor-owned | 422,062 | 16.31¢ | $134.94 | 156.7 | 97.5 |
| Utilities Dist-Western IN REMC | Cooperative | 18,898 | 16.10¢ | $171.36 | 1,372.1 | 430.7 |
| Tipmont Rural Elec Member Corp | Cooperative | 28,885 | 16.07¢ | $154.41 | 145.3 | 114.1 |
| Whitewater Valley Rural EMC | Cooperative | 11,998 | 15.83¢ | $177.79 | 315.9 | 315.9 |
| Decatur County Rural E M C | Cooperative | 8,088 | 15.83¢ | $185.05 | 182.6 | 182.6 |
| Southern Indiana R E C, Inc | Cooperative | 8,936 | 15.73¢ | $152.76 | 219.7 | 219.7 |
| NineStar Connect | Cooperative | 17,770 | 15.68¢ | $194.03 | 128.8 | 70.8 |
| Jasper County Rural E M C | Cooperative | 7,745 | 15.34¢ | $168.48 | 196.1 | 89.9 |
| Jackson County Rural E M C | Cooperative | 24,215 | 15.32¢ | $191.78 | 249.0 | 178.7 |
| Southeastern Indiana R E M C | Cooperative | 26,172 | 15.22¢ | $172.14 | 255.4 | 248.5 |
| Kankakee Valley Rural E M C | Cooperative | 18,994 | 15.20¢ | $145.67 | 678.9 | 331.9 |
| Daviess Martin County R E M C | Cooperative | 7,975 | 15.15¢ | $191.70 | 547.4 | 248.7 |
| Northeastern Rural E M C | Cooperative | 30,610 | 14.96¢ | $149.43 | 60.6 | 58.2 |
| Carroll-White REMC | Cooperative | 14,807 | 14.93¢ | $159.09 | 423.1 | 376.6 |
| Heartland REMC | Cooperative | 18,013 | 14.72¢ | $175.91 | — | — |
| Bartholomew County Rural E M C | Cooperative | 11,427 | 14.71¢ | $167.30 | 177.8 | 84.2 |
| Clark County Rural E M C | Cooperative | 27,103 | 14.63¢ | $175.71 | 117.5 | 56.8 |
| Western Indiana Energy REMC | Cooperative | 15,017 | 14.39¢ | $168.78 | 1,048.9 | 214.4 |
| Dubois Rural Electric Coop Inc | Cooperative | 13,419 | 14.38¢ | $150.22 | 116.7 | 116.4 |
| Paulding-Putman Elec Coop, Inc | Cooperative | 3,851 | 13.96¢ | $153.78 | — | — |
| Harrison County Rural E M C | Cooperative | 23,221 | 13.88¢ | $175.36 | 213.9 | 154.2 |
| Hendricks County Rural E M C | Cooperative | 37,638 | 13.84¢ | $159.93 | 107.1 | 54.4 |
| Johnson County Rural E M C | Cooperative | 28,279 | 13.79¢ | $149.66 | 123.2 | 27.6 |
| AES Indiana | Investor-owned | 469,499 | 13.75¢ | $123.20 | 246.9 | 87.3 |
| City of Peru | Municipal | 9,062 | 13.74¢ | $111.90 | 58.9 | 34.4 |
| Crawfordsville Elec, Lgt & Pwr | Municipal | 8,615 | 13.62¢ | $111.73 | 22.2 | 22.2 |
| Noble County R E M C | Cooperative | 10,986 | 13.53¢ | $136.32 | 135.9 | 75.9 |
| Kosciusko County Rural E M C | Cooperative | 17,435 | 13.27¢ | $118.96 | 291.5 | 147.2 |
| City of Greenfield | Municipal | 11,858 | 13.13¢ | $101.34 | 9.8 | 9.8 |
| City of Richmond | Municipal | 16,310 | 13.12¢ | $120.06 | 133.0 | — |
| City of Anderson | Municipal | 29,533 | 12.82¢ | $108.57 | 511.7 | 192.7 |
| Duke Energy Indiana, LLC | Investor-owned | 796,265 | 12.75¢ | $120.26 | 295.6 | 112.9 |
| City of Lebanon | Municipal | 8,076 | 12.57¢ | $98.97 | 139.3 | — |
| City of Frankfort | Municipal | 7,820 | 12.04¢ | $95.55 | — | — |
| City of Jasper | Municipal | 6,568 | 11.19¢ | $101.53 | 9.2 | 9.2 |
| City of Logansport | Municipal | 11,350 | 10.93¢ | $81.27 | — | — |
| City of Bluffton | Municipal | 5,007 | 10.38¢ | $83.60 | — | — |
| City of Mishawaka | Municipal | 25,071 | 10.32¢ | $61.87 | — | — |
| City of Auburn | Municipal | 6,813 | 8.52¢ | $66.84 | — | — |
Reliability by utility, 2024
SAIDI: minutes of sustained interruption per customer over the year, including major event days (paler bars: the utility reported only the figure without major event days). The 25 highest of 37 filings are drawn; the price table above carries every figure. Median across 37 Indiana filings: 196.1 minutes with major event days, 114.1 without. EIA's state total: 312.4 and 121.4 minutes, with SAIFI of 1.28 interruptions per customer. Utilities use differing calculation methods, and a single storm can dominate a small utility's year.
| Year | Median SAIDI, all events | Median SAIDI, no major events | Filings | EIA state total, all events | EIA state total, no major events |
|---|---|---|---|---|---|
| 2024 | 196.1 | 114.1 | 37 | 312.4 | 121.4 |
| 2023 | 266.8 | 108.5 | 36 | 455.4 | 110.3 |
| 2022 | 244.0 | 114.9 | 36 | — | — |
| 2021 | 203.8 | 127.5 | 36 | — | — |
| 2020 | 191.4 | 123.4 | 36 | — | — |
| 2019 | 202.7 | 140.0 | 42 | — | — |
| 2018 | 216.8 | 134.6 | 41 | — | — |
| 2017 | 198.6 | 136.5 | 37 | — | — |
| 2016 | 191.9 | 142.2 | 35 | — | — |
| 2015 | 194.8 | 134.6 | 35 | — | — |
| 2014 | 185.7 | 116.5 | 34 | — | — |
| 2013 | 164.9 | 114.0 | 34 | — | — |
Sales by sector, 2024
| Sector | Sales | Share | ¢ per kWh |
|---|---|---|---|
| Residential | 33 TWh | 33% | 14.77¢ |
| Commercial | 23.7 TWh | 24% | 12.44¢ |
| Industrial | 42.5 TWh | 43% | 8.15¢ |
| All sectors | 99.2 TWh | 11.38¢ |
Residential sales per resident: 4,739 kWh a year, on a Census population estimate of 6,973,333.
Who serves Indiana
| Ownership | Filings | Residential customers | Share | Median ¢ |
|---|---|---|---|---|
| Investor-owned utilities | 5 | 2,252,269 | 77.7% | 16.31¢ |
| Electric cooperatives | 28 | 499,825 | 17.2% | 15.18¢ |
| Municipal utilities | 12 | 146,083 | 5% | 12.31¢ |
Customers as reported by each respondent. Where households buy energy from a retail supplier, the delivery utility and the supplier both report them, so shares describe filings, not households.
Counties
Each county page lists the utilities whose Form EIA-861 service territory includes it.
- Adams County 4
- Allen County 5
- Bartholomew County 7
- Benton County 6
- Blackford County 2
- Boone County 9
- Brown County 4
- Carroll County 5
- Cass County 6
- Clark County 4
- Clay County 5
- Clinton County 5
- Crawford County 4
- Daviess County 5
- Dearborn County 6
- Decatur County 4
- DeKalb County 6
- Delaware County 4
- Dubois County 7
- Elkhart County 6
- Fayette County 4
- Floyd County 3
- Fountain County 5
- Franklin County 6
- Fulton County 5
- Gibson County 4
- Grant County 4
- Greene County 6
- Hamilton County 6
- Hancock County 6
- Harrison County 2
- Hendricks County 7
- Henry County 10
- Howard County 3
- Huntington County 5
- Jackson County 3
- Jasper County 5
- Jay County 2
- Jefferson County 4
- Jennings County 5
- Johnson County 7
- Knox County 4
- Kosciusko County 9
- LaGrange County 6
- Lake County 2
- LaPorte County 4
- Lawrence County 5
- Madison County 8
- Marion County 2
- Marshall County 7
- Martin County 6
- Miami County 6
- Monroe County 5
- Montgomery County 10
- Morgan County 6
- Newton County 3
- Noble County 7
- Ohio County 3
- Orange County 4
- Owen County 4
- Parke County 4
- Perry County 5
- Pike County 5
- Porter County 3
- Posey County 3
- Pulaski County 6
- Putnam County 7
- Randolph County 5
- Ripley County 3
- Rush County 6
- Scott County 4
- Shelby County 5
- Spencer County 4
- St. Joseph County 8
- Starke County 5
- Steuben County 5
- Sullivan County 4
- Switzerland County 3
- Tippecanoe County 4
- Tipton County 4
- Union County 2
- Vanderburgh County 1
- Vermillion County 2
- Vigo County 4
- Wabash County 6
- Warren County 4
- Warrick County 4
- Washington County 5
- Wayne County 7
- Wells County 4
- White County 8
- Whitley County 8
Questions and answers
What is the average electricity price in Indiana?
14.77¢ per kilowatthour for residential customers in 2024, against a US average of 16.48¢. Commercial customers averaged 12.44¢ and industrial customers 8.15¢. The latest monthly residential figure is 16.73¢ for July 2026 (preliminary).
What is the average electric bill in Indiana?
$133.06 a month for residential customers in 2024, on average use of 901 kWh a month. The US average was $142.26 on 863 kWh.
Is electricity getting more expensive in Indiana?
The average residential price was down 1.1% in 2024 on the year before and up 17.4% on 2019. These are nominal prices, not adjusted for inflation.
How reliable is electric service in Indiana?
EIA's state total for 2024 is 312.4 minutes of interruption per customer including major event days and 121.4 minutes excluding them, across utilities reporting under any method. The median utility in the state reported 196.1 minutes including major event days.
How many electric utilities serve Indiana?
45 respondents reported residential customers in Indiana on the full Form EIA-861 for 2024; 45 of them have a bundled residential price. Another 71 small utilities filed the short form. 92 counties appear in service territories.
Provenance
Source: U.S. Energy Information Administration. State averages, sales and customers by year and month: Form EIA-861M sales and revenue workbook, through July 2026. Utility rows, reliability and service territories: Form EIA-861, 2024 final release. Population: U.S. Census Bureau Vintage 2025 estimates. Public domain. See methodology.