Indiana electricity rates
Indiana homes paid 17.0¢ per kWh in August 2026 — +5% from a year earlier. That is #28 cheapest of 51; the U.S. average was 18.2¢.
Indiana electricity price trend
Hover or tap the chart for exact monthly values. Source: EIA-861M (monthly, latest months preliminary); forecast: EIA Short-Term Energy Outlook (October 2026) for the East North Central region, which includes Illinois, Indiana, Michigan, Ohio, Wisconsin.
Utilities in Indiana
46 utilities · 5 report monthlyMonthly home price by utility
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| │ = IN average, same period | |||||
|---|---|---|---|---|---|
| Duke Energy Indiana, LLC Investor Owned · monthly data |
16.2¢Jan–Aug 2026 |
-5.5% | +27.4% | $120 | 796,265 |
| AES Indiana Investor Owned · monthly data |
15.7¢Jan–Aug 2026 |
-8.6% | +14.2% | $123 | 469,499 |
| Northern Indiana Pub Serv Co. Investor Owned · monthly data |
23.7¢Jan–Aug 2026 |
+38% | +24.1% | $126 | 430,648 |
| Indiana Michigan Power Co. Investor Owned · monthly data |
16.4¢Jan–Aug 2026 |
-4.5% | +0.6% | $135 | 422,062 |
| Adjustment 2024 |
14.5¢2024 |
-2.5% | — | $148 | 158,037 |
| Southern Indiana Gas & Elec Co. Investor Owned · monthly data |
21.2¢Jan–Aug 2026 |
+23.5% | +21.1% | $155 | 133,795 |
| Hendricks County Rural E M C Cooperative |
13.8¢2024 |
-6.8% | — | $160 | 37,638 |
| South Central Indiana REMC Cooperative |
17.7¢2024 |
+19.3% | — | $191 | 34,901 |
| Northeastern Rural E M C Cooperative |
15.0¢2024 |
+0.7% | — | $149 | 30,610 |
| City of Anderson (IN) Municipal |
12.8¢2024 |
-13.7% | — | $109 | 29,533 |
| Tipmont Rural Elec Member Corp Cooperative |
16.1¢2024 |
+8.2% | — | $154 | 28,885 |
| Johnson County Rural E M C Cooperative |
13.8¢2024 |
-7.2% | — | $150 | 28,279 |
| Clark County Rural E M C (IN) Cooperative |
14.6¢2024 |
-1.5% | — | $176 | 27,103 |
| Southeastern Indiana R E M C Cooperative |
15.2¢2024 |
+2.4% | — | $172 | 26,172 |
| City of Mishawaka Municipal |
10.3¢2024 |
-30.5% | — | $62 | 25,071 |
| Jackson County Rural E M C (IN) Cooperative |
15.3¢2024 |
+3.1% | — | $192 | 24,215 |
| Harrison County Rural E M C Cooperative |
13.9¢2024 |
-6.6% | — | $175 | 23,221 |
| Kankakee Valley Rural E M C Cooperative |
15.2¢2024 |
+2.3% | — | $146 | 18,994 |
| Utilities Dist-Western IN REMC Cooperative |
16.1¢2024 |
+8.4% | — | $171 | 18,898 |
| Boone County Rural EMC Cooperative |
16.5¢2024 |
+11.1% | — | $197 | 18,371 |
| Heartland REMC Cooperative |
14.7¢2024 |
-0.9% | — | $176 | 18,013 |
| NineStar Connect Cooperative |
15.7¢2024 |
+5.5% | — | $194 | 17,770 |
| Kosciusko County Rural E M C Cooperative |
13.3¢2024 |
-10.7% | — | $119 | 17,435 |
| City of Richmond (IN) Municipal |
13.1¢2024 |
-11.7% | — | $120 | 16,310 |
| Western Indiana Energy REMC Cooperative |
14.4¢2024 |
-3.1% | — | $169 | 15,017 |
| Carroll-White REMC Cooperative |
14.9¢2024 |
+0.5% | — | $159 | 14,807 |
| RushShelby Energy Cooperative |
16.9¢2024 |
+13.7% | — | $194 | 14,761 |
| Dubois Rural Electric Coop Inc. Cooperative |
14.4¢2024 |
-3.2% | — | $150 | 13,419 |
| Whitewater Valley Rural EMC Cooperative |
15.8¢2024 |
+6.5% | — | $178 | 11,998 |
| City of Greenfield (IN) Municipal |
13.1¢2024 |
-11.6% | — | $101 | 11,858 |
| Bartholomew County Rural E M C Cooperative |
14.7¢2024 |
-1% | — | $167 | 11,427 |
| City of Logansport (IN) Municipal |
10.9¢2024 |
-26.4% | — | $81 | 11,350 |
| Noble County R E M C Cooperative |
13.5¢2024 |
-8.9% | — | $136 | 10,986 |
| City of Peru (IN) Municipal |
13.7¢2024 |
-7.5% | — | $112 | 9,062 |
| Southern Indiana R E C, Inc. Cooperative |
15.7¢2024 |
+5.9% | — | $153 | 8,936 |
| Crawfordsville Elec, Lgt & Pwr Municipal |
13.6¢2024 |
-8.3% | — | $112 | 8,615 |
| Decatur County Rural E M C Cooperative |
15.8¢2024 |
+6.5% | — | $185 | 8,088 |
| City of Lebanon (IN) Municipal |
12.6¢2024 |
-15.4% | — | $99 | 8,076 |
| Daviess Martin County R E M C Cooperative |
15.2¢2024 |
+2% | — | $192 | 7,975 |
| City of Frankfort (IN) Municipal |
12.0¢2024 |
-19% | — | $96 | 7,820 |
| Jasper County Rural E M C Cooperative |
15.3¢2024 |
+3.2% | — | $168 | 7,745 |
| City of Auburn (IN) Municipal |
8.5¢2024 |
-42.7% | — | $67 | 6,813 |
| City of Jasper (IN) Municipal |
11.2¢2024 |
-24.7% | — | $102 | 6,568 |
| City of Bluffton (IN) Municipal |
10.4¢2024 |
-30.1% | — | $84 | 5,007 |
| Paulding-Putman Elec Coop, Inc. Cooperative |
14.0¢2024 |
-6% | — | $154 | 3,851 |
| Midwest Energy Cooperative (MI) Cooperative |
19.2¢2024 |
+29% | — | $196 | 310 |
Bars: average home price (same color scale as the map). The thin line and “vs. IN avg.” use the Indiana average of the same period — 2024 for yearly figures, 2026 so far for monthly ones. “vs. 2024” compares this year’s monthly average with the 2024 annual average. Click a column header to sort. Small utilities that report only totals are left out.
All ZIP codes in Indiana
Averages, not a quote. Prices here are what each utility’s residential customers paid on average (revenue ÷ kWh sold, fixed charges included), as reported to the U.S. Energy Information Administration. Your own rate depends on your plan, season and usage — check your bill or your utility’s tariff.
Questions
What is the average electricity rate in Indiana?
17.0¢ per kWh for residential customers in August 2026 (EIA-861M, preliminary); the 12-month average is 17.0¢.
How does Indiana compare with other states?
Indiana ranks #28 cheapest of 51 states and D.C. The U.S. average was 18.2¢ in August 2026.
Which utility in Indiana has the lowest rates?
Among the larger utilities (over 10,000 homes), City of Mishawaka averaged 10.3¢ per kWh in 2024. Rates depend on the plan; check the utility’s tariff.