Indiana electric rates and bill calculators
In November 2026, 1,000 kWh costs from $160.38 on Indiana Michigan Power (Indiana) to $171.60 on Duke Energy Indiana (2 utilities with a complete bill), before sales tax. That is 16.0¢ to 17.2¢ per kWh with all the charges of the tariff. Select your utility to calculate your own bill. Each calculator uses the tariff of the utility. The Indiana Utility Regulatory Commission approves these tariffs.
- 2 utilities
- Average bill in 2025: $149.72 a month
- Rates checked November 2, 2026
- 2 rate changes in the last 12 months
Utilities in Indiana
What 1,000 kWh costs in Indiana (November 2026)
The same bill on the tariff of each utility: 1,000 kWh in a 30-day November billing period, before sales tax. The most expensive utility is first. Compare all 92 utilities.
| Utility | 1,000 kWh | Per kWh | Change from October |
|---|---|---|---|
| Duke Energy IndianaSchedule RS | $171.60 | 17.16¢ | $0.00 |
| Indiana Michigan Power (Indiana)Schedule R.S. | $160.38 | 16.04¢ | −$1.99 (−1.2%) |
Rate increase requests: Indiana Michigan Power (Indiana) (Cause No. 46454). See pending rate increases.
See all Indiana electric utilities with their average bills, including the ones without a calculator on this site yet.
Help paying the bill: Indiana Michigan Power (Indiana) bill help.
Cities: electricity in Anderson, electricity in Bloomington, electricity in Carmel, electricity in Columbus, electricity in Elkhart, electricity in Evansville, electricity in Fort Wayne, electricity in Greenfield, electricity in Greenwood, electricity in Hammond, electricity in Indianapolis, electricity in Jeffersonville, electricity in Kokomo, electricity in Lafayette, electricity in Marion, electricity in Michigan City, electricity in Mishawaka, electricity in Muncie, electricity in New Albany, electricity in Richmond, electricity in South Bend, electricity in Terre Haute, electricity in Zionsville.
Average electric bill in Indiana
In 2025, the average home in Indiana used 938 kWh a month and paid $149.72 a month (16.0¢ per kWh). The U.S. average was $150.68 (874 kWh, 17.2¢ per kWh). These are yearly averages from the EIA-861 data of the U.S. Energy Information Administration. See the average electric bill in Indiana by utility and by month, the average bill in each state, the average bill of an apartment, business electricity rates in Indiana and natural gas bills in Indiana. To turn watts or kWh into dollars at the Indiana price, use the electricity cost calculator.
| Utility | Homes | kWh a month | Price per kWh | Average bill |
|---|---|---|---|---|
| Duke Energy Indiana | 808,572 | 992 | 15.0¢ | $148.57 |
| Indiana Michigan Power (Indiana) | 425,007 | 853 | 17.2¢ | $146.33 |
The average bill is different from the 1,000 kWh bill above: it uses the real average kWh of each utility's homes and the rates of 2025.
The same bill in each month of the year
1,000 kWh in a 30-day billing period, calculated for each month with the rates in the tariff for that month. Only the rates change, not the kWh, so the difference comes from seasonal rates and monthly charges.
| Utility | Lowest month | Highest month | Difference |
|---|---|---|---|
| Duke Energy IndianaSchedule RS | $171.60January | $171.60January | $0.00 |
Not in this table: Indiana Michigan Power (Indiana). This utility has a monthly charge that is not published yet for every month of the year.
Rate changes in Indiana
In the last 12 months, we recorded 2 rate changes in the Indiana tariffs on this site: 0 increases and 2 decreases. Each value is from the official document in the source link. To see what one change does to your bill, use the rate change tool.
| Date | Utility | Charge | Old | New | Source |
|---|---|---|---|---|---|
| November 1, 2026 | Indiana Michigan Power (Indiana)Schedule R.S. | Fuel cost adjustment rider (residential) | 0.1933¢ per kWh | −0.005¢ per kWh | Source |
| November 1, 2026 | Indiana Michigan Power (Indiana)Schedule R.S. | Solar power rider (residential) | 0.0151¢ per kWh | 0.0141¢ per kWh | Source |
How electricity prices work in Indiana
- Your address decides your utility. The tariff of that utility gives the price of each kWh and the monthly charges.
- Tiers. Duke Energy Indiana and Indiana Michigan Power (Indiana) charge a different price for the kWh above a limit, so a month with more kWh has a different average price.
- Not in the calculations. Sales tax, city fees and discount programs are not in the tables on this page. The calculator of each utility shows them where the tariff gives them.
What is the average electric bill in Indiana?
In 2025, the average home in Indiana used 938 kWh a month and paid $149.72 a month, 16.0¢ per kWh, from the EIA-861 data of the U.S. Energy Information Administration. The U.S. average was $150.68 (874 kWh, 17.2¢ per kWh). Your own bill depends on your utility and your kWh.
How much is a 1,000 kWh electric bill in Indiana?
In November 2026, 1,000 kWh costs from $160.38 on Indiana Michigan Power (Indiana) to $171.60 on Duke Energy Indiana (2 utilities with a complete bill), before sales tax. That is 16.0¢ to 17.2¢ per kWh with all the charges of the tariff. The bill is for a 30-day billing period at the standard residential rate of each utility.
Which Indiana utility has the lowest electric rates?
Of the 2 utilities in the table, Indiana Michigan Power (Indiana) has the lowest bill for 1,000 kWh in November 2026 ($160.38). You cannot select your utility: it is the utility that serves your address. The order can change with the season and with your kWh.
Are electric rates going up in Indiana?
In the last 12 months, we recorded 2 rate changes for the Indiana tariffs on this site: 0 increases and 2 decreases. The most recent: Indiana Michigan Power (Indiana) changed the fuel cost adjustment rider on November 1, 2026.
Who sets electric rates in Indiana?
The Indiana Utility Regulatory Commission approves the rates of Duke Energy Indiana and Indiana Michigan Power (Indiana). Each calculator on this site uses the approved tariff of the utility.
This list shows only the utilities with checked tariffs. Some homes in Indiana get electricity from an electric cooperative or a city utility. We do not have these tariffs yet. Send the name of your utility to contactus@utilityratecalc.com.
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No account needed: Indiana rate changes (RSS feed) · all rate changes (RSS feed) · a monthly reminder for your calendar · save your bills in this browser. Each month, the bill comparison shows what 1,000 kWh costs at every utility.
State regulator: Indiana Utility Regulatory Commission.