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Electricity rates in Indiana

Homes in Indiana pay an average of 17.51¢ per kWh, 5% below the national average of 18.34¢. Enter your bill to see where you stand.

Indiana average
17.51¢/kWh
Avg monthly bill
$162
Past 12 months
+6.3%
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How Indiana electricity prices compare

Indiana ranks 31st cheapest of 51 (50 states plus D.C.) for residential electricity. At 17.51¢/kWh, it sits 5% below the national average of 18.34¢, and prices are up 6.3% over the past year.

The typical Indiana household uses about 925 kWh a month and pays around $162. Among Midwest states, Nebraska, North Dakota and South Dakota have lower rates.

Rate
17.51¢
vs U.S.
−5%
Avg usage
925 kWh
National rank
31st

To find your own rate, divide your total bill by the kWh you used. If you paid $162 for 925 kWh, you're right at the Indiana average.

Can you choose your electricity provider in Indiana?

No. Indiana is a regulated market: Duke Energy Indiana, AES Indiana, NIPSCO and Indiana Michigan Power both deliver and sell your power, and rates are set by the state utility commission. You can't switch supplier, but you can change how you pay, for example with a time-of-use plan, budget billing or efficiency upgrades.

Main electric utilities in Indiana

Most Indiana homes are served by Duke Energy Indiana, AES Indiana, NIPSCO and Indiana Michigan Power. Your utility's name and account number are near the top of your bill.

How to lower your electric bill in Indiana

  • Ask your utility about time-of-use pricing. Shifting laundry, dishwashing and EV charging to off-peak hours can cut 5–15%.
  • Tackle heating and cooling first. A smart thermostat and sealed air leaks usually save more than any other single change.
  • Check for assistance programs. LIHEAP and utility discount programs can lower bills for eligible households.
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Indiana electricity FAQ

What is the average electricity rate in Indiana?

The average residential rate in Indiana is 17.51 cents per kWh as of September 2026, 5% below the national average of 18.34¢.

What is the average electric bill in Indiana?

About $162 per month, based on average use of roughly 925 kWh.

Can I switch electricity providers in Indiana?

No. Indiana is regulated, so your utility sells and delivers your power.

Who are the main electric utilities in Indiana?

The main utilities in Indiana are Duke Energy Indiana, AES Indiana, NIPSCO and Indiana Michigan Power.

Compare other Midwest states

Averages are EIA residential revenue divided by kWh sold, September 2026. Your rate depends on your utility, plan and season. See all 50 states.