Indiana electricity prices, May 2026
Average price, sales and bills for the month against the same month a year earlier and the US. Preliminary
In May 2026, residential customers in Indiana paid an average of 18.15¢ per kilowatthour, up 7.4% on the same month a year earlier (16.90¢). The US average for the month was 18.44¢; Indiana was about the same as that. It ranked 20th highest among the 50 states and the District of Columbia.
Residential sales were 2,164,452 MWh, up 2.1% on a year earlier, and the average residential bill for the month was $129.43 on 713 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.
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
| Sector | May 2026 | May 2025 | Change | US, May 2026 |
|---|---|---|---|---|
| Residential | 18.15¢ | 16.90¢ | +7.4% | 18.44¢ |
| Commercial | 13.88¢ | 13.79¢ | +0.7% | 13.54¢ |
| Industrial | 9.08¢ | 8.62¢ | +5.3% | 8.71¢ |
| All sectors | 12.79¢ | 12.20¢ | +4.8% | 13.83¢ |
Sales and customers
| Measure | May 2026 | May 2025 | Change |
|---|---|---|---|
| Residential sales | 2.2 TWh | 2.1 TWh | +2.1% |
| Sales, all sectors | 8.2 TWh | 7.7 TWh | +6.0% |
| Residential customers | 3,034,346 | 2,996,451 | +1.3% |
| Average residential bill | $129.43 | $119.55 | +8.3% |
| Average residential use, kWh | 713 | 707 | +0.8% |
| US residential price | 18.44¢ | 17.37¢ | +6.2% |
The two years to May 2026
Indiana residentialUS residential
Questions and answers
What was the average electricity price in Indiana in May 2026?
18.15¢ per kilowatthour for residential customers, 13.88¢ for commercial and 9.08¢ for industrial customers. EIA marks the month as preliminary.
How does that compare with a year earlier?
The residential average was 16.90¢ in May 2025, a change of +7.4%. Residential sales changed by +2.1% over the same period.
What was the average residential bill that month?
$129.43, on average use of 713 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.