⚡ US Energy Price Monitorby KadoaUpdated weekly

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Electricity prices in Indiana

What homes in Indiana pay for electricity, from EIA.

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Headlines

Average price
16.9¢ a kWh
Up 9.0% on a year ago
Average bill
$158 a month
Up 8.1% on a year ago
Average use
935 kWh
A month. US 870 kWh
Price rank
20 of 51
1 is the most expensive

Over the 12 months to July 2026, Indiana homes paid 16.9¢ a kWh, against a US average of 18.0¢.

Indiana vs the US

IndianaUS
Average price, 12 months to July 202616.9¢18.0¢
Price in July 202616.7¢18.3¢
Average monthly bill, 12 months$158$156
Bill in July 2026$205$212
Average monthly use935 kWh870 kWh
Price change, past year+9.0%+6.6%
Price change since 2019+35%+38%

Electricity price

Average residential price a kilowatt-hour, by month.

Up to and including July 2026

Source: EIA Electric Power Monthly. Revenue over kilowatt-hours sold, including fixed charges.

Average monthly bill

What an average home pays a month. Bills peak in summer and winter.

Up to and including July 2026

Source: EIA Electric Power Monthly. EIA's own method for its average bill table.

Natural gas price

Average residential price a thousand cubic feet, by month. Summer prices are high because fixed charges are spread over little gas.

Up to and including June 2026

Source: EIA Natural Gas Monthly.

Utilities in Indiana

Past 12 months, utilities with 10,000 homes or more. These utilities serve 75% of homes in Indiana; smaller utilities serve the rest.

Duke Energy IndianaInvestor-owned15.8¢+13%$153818,895
AES IndianaInvestor-owned15.3¢+7.3%$140472,768
Northern Indiana Public ServiceInvestor-owned23.5¢+15%$154434,205
Indiana Michigan Power (AEP)Investor-owned17.0¢+2.0%$141427,225
Southern Indiana Gas & ElectricInvestor-owned21.3¢+19%$186134,960

Heating fuels in Indiana: heating oil, propane.