EIA data through August 2026 · updated 2026-10-29

Electricity rates in 46157 — Monrovia, IN

Homes in ZIP 46157 pay about 13.8¢ per kWh (Hendricks County Rural E M C, 2024 average). The Indiana average is 17.0¢ and the U.S. average 18.2¢ (Aug 2026).

Avg. home price13.8¢per kWh
UtilityHendricks County Rural E M C
IN average17.0¢Aug 2026
U.S. average18.2¢Aug 2026
Avg. monthly bill$1601,156 kWh/month, 2024

What a month of electricity costs

500 kWh / month$69
900 kWh / month$125
1,200 kWh / month$166

Monthly cost at the average price of 13.8¢ per kWh. Real bills add or subtract fixed charges, tiers, time-of-use and fuel adjustments.

Where ZIP 46157 is

Outlined: ZIP code area · scroll or pinch to zoom

Utilities serving 46157

UtilityHome priceAvg. billCustomers in IN
Hendricks County Rural E M C
Cooperative
13.8¢
2024
$16037,638
South Central Indiana REMC
Cooperative
17.7¢
2024
$19134,901
Duke Energy Indiana, LLC
Investor Owned · serves Morgan County
16.2¢
Jan–Aug 2026
$120796,265
AES Indiana
Investor Owned · serves Morgan County
15.7¢
Jan–Aug 2026
$123469,499
Johnson County Rural E M C
Cooperative · serves Morgan County
13.8¢
2024
$15028,279
Town of Brooklyn
Municipal · serves Morgan County
17.9¢
2024
$184568

Utilities are matched to this ZIP code by NREL’s ZIP–utility table and the EIA service-territory list for Morgan County; county matches may serve only part of the area. Prices are each utility’s average residential revenue per kWh.

Indiana price trend

12¢14¢16¢18¢20¢20222023202420252026Indiana averageU.S. average 12¢14¢16¢18¢20¢20222023202420252026Indiana averageU.S. average
Indiana averageU.S. average
Aug 202617.0¢per kWh
vs. 1 year ago+5%16.2¢
vs. 5 years ago+27.6%13.3¢
Record high18.1¢May 2026
Avg. home bill$1891,110 kWh, Aug
EIA forecast, East North Central19.1¢Dec 2027

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.

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 about 46157

How much does electricity cost in 46157?

About 13.8¢ per kWh for homes (Hendricks County Rural E M C, 2024 average, EIA). At 900 kWh a month that is roughly $125.

Who is the electric utility for 46157?

Hendricks County Rural E M C, with about 37,638 residential customers in Indiana; 5 other utilities also serve parts of the area.

Is electricity in IN getting more expensive?

The Indiana residential average was 17.0¢ per kWh in August 2026, up 5% from a year earlier; the U.S. average was 18.2¢.