States › Indiana › AES Indiana
investor-owned utility · EIA utility 9273
AES Indiana
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. Annual figures: Form EIA-861 for 2024, final release. Monthly state figures run to July 2026.
AES Indiana is an investor-owned utility that reported 469,499 residential customers in Indiana on Form EIA-861 for 2024, with a service territory that touches 20 counties.
Its average residential price that year was 13.75¢ per kilowatthour, 6.9% below the Indiana average of 14.77¢ and 17% below the US average of 16.48¢. The figure is residential revenue divided by residential sales, so it folds in fixed charges, riders and every rate schedule the utility bills under.
That works out to an average residential bill of $123.20 a month on average use of 896 kWh a month. Across Indiana the average bill was $133.06 on 901 kWh, so a bill gap reflects how much power households use as well as what each kilowatthour costs.
For reliability it reported a SAIDI of 246.9 minutes per customer with major event days included and 87.3 minutes with them excluded, calculated under IEEE 1366 standard. The median among Indiana utilities reporting was 196.1 minutes with major event days; this utility's figure is 26% above that median.
The average price is up 22.2% on 2019, against up 17.4% for Indiana as a whole, and little changed on 2023. EIA's early release for 2025, which has not been fully edited, shows 14.69¢.
Compared with Indiana, the US and other investor-owned utilities
| Measure, 2024 | This utility | Investor-owned utilities, US median | Indiana | United States |
|---|---|---|---|---|
| Average residential price per kWh | 13.75¢ | 16.17¢ | 14.77¢ | 16.48¢ |
| Average monthly residential bill | $123.20 | $131.47 | $133.06 | $142.26 |
| Average monthly use, kWh | 896 | 787 | 901 | 863 |
| Residential price change, 1 year | -0.1% | — | -1.1% | +3.0% |
| Residential price change, 5 years | +22.2% | — | +17.4% | +26.7% |
| SAIDI, all events (minutes) | 246.9 | 278.7 | 196.1 median | 184.5 median |
| SAIDI, without major event days | 87.3 | 106.5 | 114.1 median | 99.8 median |
State and US prices, bills and use are EIA's own averages over every customer. The ownership column and the reliability columns are medians across utilities with at least 1,000 residential customers, computed on this site from the final 2024 file. Among the 5 filings by investor-owned utilities in Indiana, the median price was 16.31¢. In Indiana this utility's price ranks 30 of 45, counting from the highest.
Average price by year
AES IndianaIndiana averageUS average
Year by year
| Year | ¢ per kWh | Indiana ¢ | Monthly bill | kWh a month | Residential customers | All sales |
|---|---|---|---|---|---|---|
| 2025 early release | 14.69¢ | 16.23¢ | $138.29 | 941 | 469,634 | 13.2 TWh |
| 2024 | 13.75¢ | 14.77¢ | $123.20 | 896 | 469,499 | 12.9 TWh |
| 2023 | 13.76¢ | 14.94¢ | $118.93 | 864 | 462,848 | 12.5 TWh |
| 2022 | 12.98¢ | 14.59¢ | $125.11 | 964 | 458,585 | 13.2 TWh |
| 2021 | 11.54¢ | 13.37¢ | $109.59 | 950 | 453,896 | 13 TWh |
| 2020 | 11.32¢ | 12.83¢ | $104.81 | 926 | 450,244 | 12.7 TWh |
| 2019 | 11.25¢ | 12.58¢ | $109.37 | 973 | 445,624 | 13.4 TWh |
| 2018 | 11.03¢ | 12.26¢ | $111.30 | 1,009 | 440,693 | 13.9 TWh |
| 2017 | 10.95¢ | 12.29¢ | $102.65 | 937 | 437,120 | 13.2 TWh |
| 2016 | 10.34¢ | 11.79¢ | $102.50 | 992 | 432,975 | 13.7 TWh |
| 2015 | 9.50¢ | 11.57¢ | $92.96 | 978 | 431,182 | 13.7 TWh |
| 2014 | 9.22¢ | 11.46¢ | $95.31 | 1,034 | 424,752 | 14 TWh |
| 2013 | 9.02¢ | 10.99¢ | $93.32 | 1,035 | 422,029 | 14 TWh |
Bundled residential service only in the price, bill and use columns. Bill = residential revenue ÷ customers ÷ 12; use = residential sales ÷ customers ÷ 12. EIA describes its early release as not fully edited; it is shown for this utility alone and enters no average, median or rank on this site.
Month by month
AES IndianaIndiana average
Sales by sector, 2024
| Sector | Customers | Sales | Share of sales | Revenue | ¢ per kWh, bundled |
|---|---|---|---|---|---|
| Residential | 469,499 | 5 TWh | 39% | $694,095,200 | 13.75¢ |
| Commercial | 55,587 | 1.8 TWh | 14% | $253,634,500 | 14.29¢ |
| Industrial | 5,716 | 6 TWh | 47% | $615,907,200 | 10.20¢ |
Customers, sales and revenue count every service type the utility reported (bundled, energy-only and delivery-only). The price column uses bundled service alone, because part-bill revenue would understate it. Sources of energy: 14 TWh in total, of which 89.1% was its own net generation and 1.5 TWh was bought wholesale; summer peak demand 2,662 MW.
Reliability
Minutes of sustained interruption per customer in 2024, as the utility reported them under IEEE 1366 standard. SAIFI: 1.25 interruptions per customer with major event days, 1.06 without; CAIDI 197.5 minutes per interruption. EIA's Indiana total across all reporting utilities was 312.4 minutes with major event days and 121.4 without. Major event days are storms and similar events that a utility's chosen method sets apart; methods differ, so treat comparisons as approximate. What SAIDI and SAIFI mean.
| Year | SAIDI, all events | SAIDI, no major events | SAIFI, all events | SAIFI, no major events | Method |
|---|---|---|---|---|---|
| 2025 early release | 295.2 | 76.0 | 1.22 | 0.87 | IEEE 1366 |
| 2024 | 246.9 | 87.3 | 1.25 | 1.06 | IEEE 1366 |
| 2023 | 466.8 | 86.7 | 1.38 | 0.98 | IEEE 1366 |
| 2022 | 147.3 | 112.5 | 1.51 | 1.37 | IEEE 1366 |
| 2021 | 176.4 | 104.4 | 1.61 | 1.32 | IEEE 1366 |
| 2020 | 154.7 | 73.4 | 1.16 | 0.93 | IEEE 1366 |
| 2019 | 213.1 | 75.6 | 1.22 | 0.88 | IEEE 1366 |
| 2018 | 149.0 | 67.5 | 1.13 | 0.95 | IEEE 1366 |
| 2017 | 80.0 | 59.6 | 1.00 | 0.80 | IEEE 1366 |
| 2016 | 232.0 | 62.0 | 1.20 | 0.70 | IEEE 1366 |
| 2015 | 219.5 | 48.7 | 0.94 | 0.66 | IEEE 1366 |
| 2014 | 190.0 | 56.7 | 0.96 | 0.71 | IEEE 1366 |
| 2013 | 92.0 | 48.0 | 0.71 | 0.58 | IEEE 1366 |
Generation at plants it operates, 2025
- Natural gas 62.2% 9.3 TWh
- Coal 36.1% 5.4 TWh
- Wind 1.6% 243.5 GWh
- Petroleum 0.1% 10.1 GWh
Net generation of 14.9 TWh at power plants this utility operates, from Form EIA-923. It is not the mix delivered to customers: utilities also buy power wholesale (1.5 TWh in 2024), sell generation to others and may co-own plants that another company operates.
Counties in its service territory
- Bartholomew County
- Boone County
- Daviess County
- Gibson County
- Greene County
- Hamilton County
- Hancock County
- Hendricks County
- Johnson County
- Knox County
- Madison County
- Marion County
- Monroe County
- Morgan County
- Owen County
- Pike County
- Putnam County
- Shelby County
- Sullivan County
- Switzerland County
Counties the utility listed on Form EIA-861 for 2024. Listing a county does not mean the utility serves all of it.
Other utilities in Indiana
| Utility | Ownership | Residential customers | ¢ per kWh | Monthly bill | SAIDI, all events | SAIDI, no major events |
|---|---|---|---|---|---|---|
| Northern Indiana Pub Serv Co | Investor-owned | 430,648 | 19.09¢ | $125.77 | 534.0 | 169.0 |
| Indiana Michigan Power Co | Investor-owned | 534,662 | 16.45¢ | $135.94 | 200.2 | 121.0 |
| Duke Energy Indiana, LLC | Investor-owned | 796,265 | 12.75¢ | $120.26 | 295.6 | 112.9 |
| Southern Indiana Gas & Elec Co | Investor-owned | 133,795 | 17.52¢ | $155.32 | 458.0 | 81.2 |
| Hendricks County Rural E M C | Cooperative | 37,638 | 13.84¢ | $159.93 | 107.1 | 54.4 |
| South Central Indiana REMC | Cooperative | 34,901 | 17.73¢ | $190.86 | 741.5 | 307.2 |
| Northeastern Rural E M C | Cooperative | 30,610 | 14.96¢ | $149.43 | 60.6 | 58.2 |
| City of Anderson | Municipal | 29,533 | 12.82¢ | $108.57 | 511.7 | 192.7 |
All Indiana utilities · Investor-owned utilities nationwide
Questions and answers
How much does electricity cost from AES Indiana?
Residential customers paid an average of 13.75¢ per kilowatthour in 2024. EIA derives this by dividing residential revenue by residential sales; it is an average across all rate schedules and charges, not a tariff rate.
How does that compare with Indiana?
The Indiana average residential price in 2024 was 14.77¢ and the US average 16.48¢; AES Indiana was 6.9% below the state figure. Among 45 utility filings with a bundled residential price in Indiana, it had the 30th highest.
What is the average AES Indiana bill?
$123.20 a month in 2024, on average residential use of 896 kWh a month (annual revenue and sales divided by customers and by twelve). The Indiana average was $133.06 on 901 kWh.
How reliable is AES Indiana service?
It reported 246.9 minutes of interruption per customer (SAIDI) including major event days and 87.3 minutes excluding them, with 1.25 interruptions per customer (SAIFI) in 2024. Utilities calculate these under differing methods, so comparisons are approximate.
Is the AES Indiana price rising?
The average residential price was little changed in 2024 compared with 2023 and up 22.2% compared with 2019. EIA's early, not fully edited release for 2025 shows 14.69¢.
Which counties does AES Indiana serve?
Its Form EIA-861 service territory lists 20 counties, including Bartholomew County, IN, Boone County, IN, Daviess County, IN, Gibson County, IN, Greene County, IN and Hamilton County, IN. A county can appear in several utilities' territories.
Provenance
Source: U.S. Energy Information Administration. Annual figures are from Form EIA-861 (sales to ultimate customers, reliability, operational data and service territory files), final release for 2024, respondent "AES Indiana", utility number 9273; the 2025 row is from EIA's early release. Monthly utility figures are from the Form EIA-861M sample. State and US averages are from the Form EIA-861M sales and revenue workbook, published through July 2026. Generation by fuel is from Form EIA-923, 2025 final. All are US government works in the public domain. Page built 30 Sep 2026. Errors in processing are corrected at the next build; see corrections. For tariffs and rate schedules, consult the utility or the state utility commission.