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Indiana electricity prices, March 2025

Average price, sales and bills for the month against the same month a year earlier and the US. Preliminary

In March 2025, residential customers in Indiana paid an average of 16.40¢ per kilowatthour, up 13.1% on the same month a year earlier (14.50¢). The US average for the month was 17.09¢; Indiana was 4.0% below that. It ranked 20th highest among the 50 states and the District of Columbia.

Residential sales were 2,538,882 MWh, up 7.0% on a year earlier, and the average residential bill for the month was $139.22 on 849 kWh. Weather moves monthly sales far more than prices do, so bills swing with the season.

EIA marks this month as preliminary. Preliminary months come from the Form EIA-861M sample and are revised when the annual census is complete.

16.40¢residential, per kWh+13.1% on Mar 2024
$139.22average residential bill for the monthon 849 kWh
2.5 TWhresidential sales+7.0% on a year earlier
20thhighest residential price of 51US 17.09¢

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. Monthly figures come from the Form EIA-861M sample and are revised when EIA finalises the year.

Price by sector

SectorMar 2025Mar 2024ChangeUS, Mar 2025
Residential16.40¢14.50¢+13.1%17.09¢
Commercial14.64¢12.81¢+14.3%13.16¢
Industrial8.51¢8.09¢+5.2%8.26¢
All sectors12.42¢11.15¢+11.4%13.23¢

Sales and customers

MeasureMar 2025Mar 2024Change
Residential sales2.5 TWh2.4 TWh+7.0%
Sales, all sectors8 TWh7.8 TWh+2.6%
Residential customers2,991,7723,044,896-1.7%
Average residential bill$139.22$112.99+23.2%
Average residential use, kWh849779+9.0%
US residential price17.09¢16.67¢+2.5%

The two years to March 2025

0¢5¢10¢15¢20¢Mar 2023Jul 2023Nov 2023Mar 2024Jul 2024Nov 2024Mar 2025

Indiana residentialUS residential

Cents per kWh, Form EIA-861M.
← February 2025April 2025 →

Questions and answers

What was the average electricity price in Indiana in March 2025?

16.40¢ per kilowatthour for residential customers, 14.64¢ for commercial and 8.51¢ for industrial customers. EIA marks the month as preliminary.

How does that compare with a year earlier?

The residential average was 14.50¢ in March 2024, a change of +13.1%. Residential sales changed by +7.0% over the same period.

What was the average residential bill that month?

$139.22, on average use of 849 kWh. This is residential revenue divided by residential customers for the month.

Provenance

Source: U.S. Energy Information Administration, Form EIA-861M sales and revenue workbook (state by sector and month), status "Preliminary" for this month, series published through July 2026. Public domain. Price = revenue ÷ sales; bill = residential revenue ÷ residential customers. Utility-level annual figures are on the Indiana page.