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Electricity rates in Indiana

The average residential electricity rate in Indiana is 17.02¢/kWh (August 2026, EIA), compared with 18.16¢/kWh for the US as a whole. That's 6.3% below the national average. It's 5% higher than a year earlier (16.21¢/kWh). Indiana is number 28 of 51 (the 50 states and DC) from cheapest. A 1,500 W space heater costs about $0.26 an hour to run there.

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Leave empty to use the official price for United States: 18.16¢/kWh (August 2026).

Tariff and voltage
How you are charged

We do not have slab rates for United States. Use the bill analyzer to enter your own.

At 120 V it draws about 12.5 A. Voltage changes the current (amps), not the cost.

Results

Per hour: $0.26, Per day: $2.04, Per month: $62.09

Per hour
$0.26
Per day
$2.04
Per month
$62.09
Per year
$745.48

1.5 kWh per hour · 12 kWh per day

Based on 1,500 W for 8 h a day, 30.4 days a month, at 17.02¢/kWh.

On slab (tiered) tariffs, use the price of the highest slab your bill reaches: that's what each extra unit really costs.

What appliances cost to run in Indiana

ApplianceTypical usePer hourPer dayPer month
Heat pump2,000 W, 24 h a day$0.17$4.08$124.18
Space heater1,500 W, 8 h a day$0.26$2.04$62.09
Electric water heater4,000 W, 3 h a day$0.68$2.04$62.09
Pool pump1,500 W, 6 h a day$0.26$1.53$46.57
Hot tub5,500 W, 24 h a day$0.05$1.12$34.15
Oil-filled radiator1,500 W, 8 h a day$0.13$1.02$31.04
Air conditioner1,000 W, 8 h a day$0.10$0.82$24.84
Clothes dryer3,000 W, 1 h a day$0.41$0.41$12.42
Dehumidifier300 W, 8 h a day$0.05$0.41$12.42
Gaming PC400 W, 4 h a day$0.07$0.27$8.28
Air cooler200 W, 8 h a day$0.03$0.27$8.28
Electric shower9,500 W, 0.13 h a day$1.62$0.22$6.54
Refrigerator150 W, 24 h a day$0.01$0.21$6.52
Water dispenser450 W, 24 h a day$0.01$0.20$6.20
Kotatsu600 W, 5 h a day$0.03$0.15$4.66
Water pump750 W, 1 h a day$0.13$0.13$3.88
Home UPS or inverter30 W, 24 h a day$0.01$0.12$3.73
Electric blanket150 W, 8 h a day$0.01$0.10$3.10
Christmas lights100 W, 6 h a day$0.02$0.10$3.10
Ceiling fan60 W, 10 h a day$0.01$0.10$3.10
Game console200 W, 3 h a day$0.03$0.10$3.10
Washing machine2,000 W, 1 h a day$0.09$0.09$2.59
TV80 W, 5 h a day$0.01$0.07$2.07
Hair dryer1,800 W, 0.17 h a day$0.31$0.05$1.56
Electric kettle2,000 W, 0.15 h a day$0.34$0.05$1.55
Microwave1,200 W, 0.25 h a day$0.20$0.05$1.55
Air fryer1,700 W, 0.5 h a day$0.10$0.05$1.54
Rice cooker500 W, 0.5 h a day$0.09$0.04$1.29
Wi-Fi router10 W, 24 h a day$0.0017$0.04$1.24

About electricity rates in Indiana

Indiana has regulated, vertically integrated utilities and no retail choice. Duke Energy Indiana is the largest, AES Indiana serves Indianapolis, Indiana Michigan Power serves the northeast including Fort Wayne, NIPSCO serves the northwest, and CenterPoint Energy serves the Evansville area, all under the Indiana Utility Regulatory Commission. Rural electric cooperatives and municipal utilities serve many smaller communities.

The state was long one of the most coal-dependent in the country, and coal still provides a large share of generation, but utilities are replacing retiring coal plants with natural gas, wind and solar. Cold winters are heated mostly with natural gas, and humid summers bring air-conditioning peaks. Traditional net metering has ended for new customers, so newer rooftop solar systems are credited for exported power at a rate below the retail price.

States with similar rates

Sources