Electricity cost in Indiana

Short answer: Homes in Indiana pay an average of 16.73¢ per kWh for electricity (July 2026). That is 9% below the U.S. average of 18.31¢ and ranks number 23 of 51, where 1 is the most expensive. The average home here uses 901 kWh a month, which costs about $150.74 at that price.

Indiana electricity cost calculator

Check the details

The calculator starts with a 1,500-watt space heater and the Indiana average price. Change the wattage and hours for your own appliance.

Your cost
Per hour$0.25
Per day$2.01
Per month$60.23
Per year$722.74

Uses 360.0 kWh per month. The starting price is the Indiana average; choose your state or type the price from your own bill.

Indiana at a glance

Price per kWh16.73¢July 2026
Average home use901 kWhper month, 2024
Average bill$133.06per month, 2024
Main source of powerCoal2024

Indiana has 3,056,216 residential electricity customers. In 2024 the average home used 901 kWh a month, 4% more than the U.S. average of 863 kWh and the 25th highest in the country. The average monthly bill was $133.06, the 24th lowest, against a national average of $142.26.

A low price per kWh but heavy use: electricity is cheaper than average here, yet homes use more of it than most. The result is an average bill 6% below the national average.

What appliances cost to run in Indiana

Typical wattage and use for each appliance, at the Indiana average price of 16.73¢ per kWh, next to the same use at the U.S. average. Follow a link for the appliance's own calculator.

ApplianceTypical usePer month in IndianaPer month, U.S. average
Electric furnace6 hours a day, 30 days a month$451.71$494.37
Central air conditioner8 hours a day, 30 days a month$140.53$153.80
Heat pump8 hours a day, 30 days a month$120.46$131.83
Electric water heater3 hours a day, 30 days a month$67.76$74.16
Space heater8 hours a day, 30 days a month$60.23$65.92
Pool pump8 hours a day, 30 days a month$60.23$65.92
Baseboard heater8 hours a day, 30 days a month$60.23$65.92
Electric car charger1.5 hours a day, 30 days a month$54.21$59.32
Portable air conditioner8 hours a day, 30 days a month$48.18$52.73
Window air conditioner8 hours a day, 30 days a month$36.14$39.55
Dehumidifier12 hours a day, 30 days a month$30.11$32.96
Hot tub4 hours a day, 30 days a month$30.11$32.96
Electric fireplace4 hours a day, 30 days a month$30.11$32.96
Clothes dryer60 minutes per use, 5 times a week$10.87$11.90
Gaming PC4 hours a day, 30 days a month$8.03$8.79
Electric stove45 minutes per use, 7 times a week$7.61$8.33
Electric oven60 minutes per use, 4 times a week$6.67$7.30
Air purifier24 hours a day, 30 days a month$6.02$6.59
Refrigerator8 hours a day, 30 days a month$6.02$6.59
Desktop computer6 hours a day, 30 days a month$4.52$4.94
Dishwasher120 minutes per use, 5 times a week$4.35$4.76
Chest freezer8 hours a day, 30 days a month$4.02$4.39
Electric blanket8 hours a day, 30 days a month$4.02$4.39
Mini fridge8 hours a day, 30 days a month$3.21$3.52
Ceiling fan12 hours a day, 30 days a month$3.01$3.30
Game console3 hours a day, 30 days a month$3.01$3.30
Box fan8 hours a day, 30 days a month$3.01$3.30
TV5 hours a day, 30 days a month$2.51$2.75
Humidifier10 hours a day, 30 days a month$2.01$2.20
Air fryer20 minutes per use, 5 times a week$1.81$1.98
Laptop6 hours a day, 30 days a month$1.81$1.98
Slow cooker360 minutes per use, 2 times a week$1.74$1.90
Electric pressure cooker45 minutes per use, 3 times a week$1.63$1.79
Electric kettle4 minutes per use, 21 times a week$1.52$1.67
Hair dryer10 minutes per use, 7 times a week$1.52$1.67
Washing machine45 minutes per use, 5 times a week$1.36$1.49
Microwave5 minutes per use, 14 times a week$1.27$1.39
Wi-Fi router24 hours a day, 30 days a month$1.20$1.32
String of Christmas lights6 hours a day, 30 days a month$1.20$1.32
Toaster oven20 minutes per use, 4 times a week$1.16$1.27
Coffee maker10 minutes per use, 7 times a week$0.85$0.93
Rice cooker30 minutes per use, 4 times a week$0.72$0.79
Vacuum cleaner30 minutes per use, 2 times a week$0.72$0.79
Clothes iron20 minutes per use, 2 times a week$0.58$0.63
LED light bulb5 hours a day, 30 days a month$0.25$0.27
Toaster3 minutes per use, 7 times a week$0.23$0.25

What a monthly bill looks like

The table shows what different amounts of electricity cost at the latest Indiana price. Fixed monthly charges are already included in the average price, so a real bill for a small user is usually a little higher than shown and a large user's a little lower.

Monthly useRoughlyIn IndianaAt the U.S. average
500 kWhA small apartment or a home with gas heat$83.65$91.55
901 kWhThe average home in Indiana (2024)$150.74$164.97
1,500 kWhA large or all-electric home$250.95$274.65
2,000 kWhAn all-electric home in its peak month$334.60$366.20

Where the electricity in Indiana comes from

The largest source of the electricity generated in Indiana in 2024 was coal, according to the Energy Information Administration's state profile. Coal plants are old and paid for, which has historically kept prices low, but many are being retired or fitted with costly pollution controls, and that cost is being passed on to customers as plants are replaced.

Power plants here generated 97.0 million MWh in 2024, close to the 99.2 million MWh sold to customers in the state.

How the climate shapes bills

Winters are long and cold. Most homes heat with natural gas or heating oil, so electricity use is steadier across the year than in the South, with a modest summer rise from air conditioning. Homes that heat with electricity see their highest bills in January and February.

That is why the same price per kWh can produce very different bills in two homes: the price tells you what each kWh costs, and the weather and your heating and cooling equipment decide how many you use. To see the effect of one appliance, compare a window air conditioner, a space heater and a heat pump in the table above.

Can you choose your electricity supplier?

Generally, no. Indiana does not have a statewide retail choice program for households, so most buy their electricity from the utility or cooperative that serves their address, at prices approved by regulators or set by the local public power provider. Prices still differ between utilities, and between rate plans at the same utility, so check the price per kWh on your own bill and type it into the calculator.

Indiana compared with nearby states

Bar chart comparing the average residential electricity price per kWh in Indiana with Ohio, Illinois, Michigan, Kentucky and the U.S. average
Average residential electricity price in Indiana and nearby states, July 2026.

Average residential prices for July 2026, with the rank among the 50 states and D.C. and the cost of 900 kWh. The full table covers every state, and our guide explains why prices differ so much between states.

StatePrice per kWhRankCost of 900 kWh
Indiana16.73¢23$150.57
Ohio19.45¢16$175.05
Illinois19.22¢17$172.98
Michigan23.05¢13$207.45
Kentucky13.81¢44$124.29
U.S. average18.31¢–$164.79

Frequently asked questions

What is the average electricity rate in Indiana?

The average residential price in Indiana was 16.73 cents per kWh in July 2026, according to the U.S. Energy Information Administration. That is 9% below the U.S. average of 18.31 cents and ranks number 23 of 51 (the 50 states and D.C.), where 1 is the most expensive.

How much is the average electric bill in Indiana?

The average home in Indiana used 901 kWh a month in 2024 and paid $133.06, according to the EIA; the U.S. average was 863 kWh and $142.26. At the latest price of 16.73 cents per kWh, 901 kWh costs $150.74.

How much electricity does a home in Indiana use?

901 kWh a month on average in 2024, which is 4% more than the U.S. average of 863 kWh and the 25th highest of the 50 states and D.C.

What uses the most electricity in a home in Indiana?

In homes with gas heat: the refrigerator, the clothes dryer, lighting, electronics and, in summer, air conditioning. In homes with electric heat, heating is by far the largest use in winter.

How do I find my exact price per kWh?

Take the total amount due on your electric bill and divide it by the kWh used that month. That gives the price you actually paid, including delivery charges and fees. Type it into the price box of the calculator instead of the state average.

Sources

Electricity prices are the EIA figures for July 2026. Wattages are typical values; check the label on your own appliance.