Menu

Electricity Rates in Indiana

Homes in Indiana paid an average of 16.73¢ per kWh in July 2026, 9% below the U.S. average (18.31¢). That's the 29th lowest rate of the 50 states and DC, and about the same as August 2025.

Average rate
16.73¢
per kWh, July 2026
Rank
29th
lowest of 51
Average bill
$156.43
a month, 935 kWh

Data: EIA, July 2026. Average residential price and use.

Indiana rate over the last 12 months

15¢17¢19¢August 2025: 16.47¢ per kWhSeptember 2025: 17.33¢ per kWhOctober 2025: 17.34¢ per kWhNovember 2025: 17.41¢ per kWhDecember 2025: 15.91¢ per kWhJanuary 2026: 16.19¢ per kWhFebruary 2026: 16.06¢ per kWhMarch 2026: 17.85¢ per kWhApril 2026: 17.90¢ per kWhMay 2026: 18.15¢ per kWhJune 2026: 17.51¢ per kWhJuly 2026: 16.73¢ per kWhAug 2025Jul 202616.73¢
Show the monthly rates
Indiana average residential electricity rate, last 12 months
MonthCents per kWh
August 202516.47¢
September 202517.33¢
October 202517.34¢
November 202517.41¢
December 202515.91¢
January 202616.19¢
February 202616.06¢
March 202617.85¢
April 202617.90¢
May 202618.15¢
June 202617.51¢
July 202616.73¢

The rate went from 16.47¢ in August 2025 to 16.73¢ in July 2026. Rates often rise in summer, when demand peaks, so compare the same month year to year.

What appliances cost to run in Indiana

At 16.73¢ per kWh, with typical wattage and daily use, 30 days a month. Price any appliance in Indiana.

Monthly cost to run common appliances in Indiana
AppliancePer monthUse
Space heater$60.231,500 W, 8 h a day
Central air conditioner (3 ton)$140.533,500 W, 8 h a day
Window air conditioner$36.14900 W, 8 h a day
Refrigerator$6.02150 W, 8 h a day
Electric clothes dryer$11.293,000 W, 0.75 h a day
Electric water heater$67.764,500 W, 3 h a day
Dishwasher$4.521,200 W, 0.75 h a day
TV (55 inch LED)$2.51100 W, 5 h a day
Desktop computer$6.02150 W, 8 h a day
LED bulb (60 W equivalent)$0.239 W, 5 h a day

Indiana compared with nearby ranks

States with rates close to Indiana
RankStateRate
27thGeorgia16.27¢
28thAlabama16.40¢
29thIndiana16.73¢
30thColorado17.00¢
31stMinnesota17.45¢

See all 50 states and DC.

About these numbers

  • The rate is the EIA's average residential price for Indiana: all residential revenue divided by kWh sold. It includes delivery charges and fees spread over every kWh.
  • Your rate depends on your utility and plan. Divide your bill's total by the kWh used to find yours.
  • The average bill uses the average monthly use over the last 12 months at the latest rate. Bills are higher in the months you heat or cool with electricity.

Questions people ask

What is the average electricity rate in Indiana?

16.73¢ per kWh for homes in July 2026, according to the U.S. Energy Information Administration. That's 9% below the U.S. average of 18.31¢ and the 29th lowest of the 50 states and DC.

What is the average electric bill in Indiana?

About $156.43 a month: the average Indiana home uses 935 kWh a month (12-month average), at 16.73¢ per kWh. The U.S. average is about $159.30.

How much does it cost to run a space heater in Indiana?

A 1,500 W space heater costs about $0.25 an hour in Indiana, or $60.23 a month if it runs 8 hours a day.