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States › Indiana › May 2025

Indiana electricity prices, May 2025

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

In May 2025, residential customers in Indiana paid an average of 16.90¢ per kilowatthour, up 10.7% on the same month a year earlier (15.26¢). The US average for the month was 17.37¢; Indiana was about the same as that. It ranked 20th highest among the 50 states and the District of Columbia.

Residential sales were 2,119,636 MWh, down 7.8% on a year earlier, and the average residential bill for the month was $119.55 on 707 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.

16.90¢residential, per kWh+10.7% on May 2024
$119.55average residential bill for the monthon 707 kWh
2.1 TWhresidential sales-7.8% on a year earlier
20thhighest residential price of 51US 17.37¢

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

SectorMay 2025May 2024ChangeUS, May 2025
Residential16.90¢15.26¢+10.7%17.37¢
Commercial13.79¢12.54¢+10.0%12.93¢
Industrial8.62¢8.04¢+7.2%8.29¢
All sectors12.20¢11.13¢+9.6%13.13¢

Sales and customers

MeasureMay 2025May 2024Change
Residential sales2.1 TWh2.3 TWh-7.8%
Sales, all sectors7.7 TWh7.9 TWh-2.5%
Residential customers2,996,4513,008,410-0.4%
Average residential bill$119.55$116.63+2.5%
Average residential use, kWh707765-7.6%
US residential price17.37¢16.40¢+5.9%

The two years to May 2025

0¢5¢10¢15¢20¢May 2023Sep 2023Jan 2024May 2024Sep 2024Jan 2025May 2025

Indiana residentialUS residential

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

Questions and answers

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

16.90¢ per kilowatthour for residential customers, 13.79¢ for commercial and 8.62¢ for industrial customers. EIA marks the month as preliminary.

How does that compare with a year earlier?

The residential average was 15.26¢ in May 2024, a change of +10.7%. Residential sales changed by -7.8% over the same period.

What was the average residential bill that month?

$119.55, on average use of 707 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.