Electricity rates in Indiana

Average residential price, typical bill and appliance running costs in Indiana, from official U.S. Energy Information Administration data.

Official EIA data · August 2026

Average rate, August 2026

17.02¢

per kWh

vs U.S. average

−6.3%

U.S.: 18.16¢

vs a year ago

+5.0%

was 16.21¢

Rank (1 = priciest)

#24 of 51

50 states + DC

What your kWh cost in Indiana

Electricity used

kWh

Monthly kWh from your bill. 863 kWh is the 2024 U.S. household average.

Electricity rate

EIA average residential price, August 2026. Your bill shows your exact rate.

Energy cost

$153.35

901 kWh × 17.02¢ (Indiana average)

Per kWh: $0.1702
Per 100 kWh: $17.02
Per 1,000 kWh: $170.20

Average electric bill in Indiana

2024 (EIA)	Indiana	U.S.
Monthly use	901 kWh	863 kWh
Average price	14.77¢	16.48¢
Monthly bill	$133.06	$142.26
Residential customers	3,056,216	143,144,185

At the August 2026 rate, the average Indiana household's 901 kWh would cost about $153.35 a month.

What appliances cost to run in Indiana

Yearly cost at 17.02¢/kWh. Where marked, the kWh are the average for homes with that appliance in the East North Central region (EIA RECS 2020); the rest use the example settings on each appliance's page.

Appliance	kWh per year	Cost per year
Space heater	4,320	$735.26
Electric water heater *	2,673	$454.94
Hot tub *	2,476	$421.42
Pool pump *	2,125	$361.68
Window air conditioner	2,095	$356.49
Electric car *	1,755	$298.70
Central air conditioner *	1,425	$242.54
Dehumidifier *	1,023	$174.11
Electric clothes dryer *	679	$115.57
Light bulbs *	613	$104.33
Refrigerator *	608	$103.48
Chest or upright freezer *	530	$90.21
Electric oven *	280	$47.66
TV *	214	$36.42
Ceiling fan *	152	$25.87
Microwave *	107	$18.21

* Regional average from the EIA Residential Energy Consumption Survey.

Where Indiana ranks

Indiana is #24 of 51 by average residential rate in August 2026 (1 = most expensive). It is highlighted on the map.

¢ per kWh 12.7–14.4 14.4–15.9 15.9–17.2 17.2–24.5 24.5–47.2

Rate history

Period	Indiana	U.S.
August 2026	17.02¢	18.16¢
August 2025	16.21¢	17.57¢
Year to date through August 2026	17.04¢	18.19¢
Same period a year earlier	15.69¢	17.03¢
2024 annual average	14.77¢	16.48¢

Nearby states (East North Central)

State	Rate (August 2026)	Avg. bill (2024)
Illinois	19.32¢	$109.99
Michigan	22.99¢	$119.31
Ohio	19.38¢	$135.16
Wisconsin	19.41¢	$110.87

See electricity rates in all 50 states.

Quick answers

What is the average electricity rate in Indiana?

The average residential price in Indiana was 17.02¢ per kWh in August 2026, according to the U.S. Energy Information Administration. That is −6.3% versus the U.S. average of 18.16¢ and ranks #24 of 51 (1 = most expensive).

What is the average electric bill in Indiana?

In 2024, the average Indiana household used 901 kWh a month and paid $133.06 a month (EIA). At the August 2026 rate, the same usage would cost about $153.35.

Are electricity prices going up in Indiana?

The August 2026 average of 17.02¢/kWh compares with 16.21¢ a year earlier (+5.0%). For the year to date through August 2026, the average was 17.04¢, +8.6% versus the same period last year. Prices also change with the season, so compare the same month year over year.

Why is my rate different from the Indiana average?

The EIA average is total residential revenue divided by kWh sold in the state. Your rate depends on your utility, your plan (fixed, variable or time-of-use) and fixed monthly charges, which weigh more per kWh in low-usage months.

Sources

Last reviewed November 2, 2026. Rates refreshed automatically when EIA publishes a new month.

More calculators

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Average residential price per kWh in every state, updated monthly from the EIA.

Electricity Cost Calculator

What any device costs per hour, day, month and year from its wattage.

kWh to Dollars Calculator

Turn the kWh on your bill into dollars at your state's rate.

See everything

These are estimates. State rates are EIA averages (total residential revenue ÷ kWh sold), so they include fixed monthly charges spread across usage; your own price per kWh, time-of-use rates and taxes can differ. Real appliance use depends on the model, settings, climate and habits.