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Indiana electricity prices, January 2026

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

In January 2026, residential customers in Indiana paid an average of 16.19¢ per kilowatthour, up 11.3% on the same month a year earlier (14.55¢). The US average for the month was 17.45¢; Indiana was 7.2% below that. It ranked 21st highest among the 50 states and the District of Columbia.

Residential sales were 3,592,509 MWh, down 4.9% on a year earlier, and the average residential bill for the month was $192.14 on 1,187 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.

16.19¢residential, per kWh+11.3% on Jan 2025
$192.14average residential bill for the monthon 1,187 kWh
3.6 TWhresidential sales-4.9% on a year earlier
21sthighest residential price of 51US 17.45¢

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

SectorJan 2026Jan 2025ChangeUS, Jan 2026
Residential16.19¢14.55¢+11.3%17.45¢
Commercial13.85¢12.87¢+7.6%13.64¢
Industrial9.43¢8.23¢+14.6%9.29¢
All sectors13.11¢11.81¢+11.0%14.17¢

Sales and customers

MeasureJan 2026Jan 2025Change
Residential sales3.6 TWh3.8 TWh-4.9%
Sales, all sectors9.5 TWh9.4 TWh+1.1%
Residential customers3,027,3342,986,387+1.4%
Average residential bill$192.14$183.97+4.4%
Average residential use, kWh1,1871,265-6.2%
US residential price17.45¢15.94¢+9.5%

The two years to January 2026

0¢5¢10¢15¢20¢Jan 2024May 2024Sep 2024Jan 2025May 2025Sep 2025Jan 2026

Indiana residentialUS residential

Cents per kWh, Form EIA-861M.
← December 2025February 2026 →

Questions and answers

What was the average electricity price in Indiana in January 2026?

16.19¢ per kilowatthour for residential customers, 13.85¢ for commercial and 9.43¢ for industrial customers. EIA marks the month as preliminary.

How does that compare with a year earlier?

The residential average was 14.55¢ in January 2025, a change of +11.3%. Residential sales changed by -4.9% over the same period.

What was the average residential bill that month?

$192.14, on average use of 1,187 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.