Indiana vs Michigan electricity prices: 15.96 ¢ against 20.03 ¢ per kWh
29 places apart: Indiana #33, Michigan #4 of 51, the widest of 31 measures. price change 2024 to 2025 Indiana +8.1%, Michigan +3.8%; petroleum share of generation Indiana 0.1%, Michigan 1.3%. Typical bills differ by $23 a month, higher in Indiana.
Over a year the typical energy bill differs by $271 ($150 a month in Indiana, $127 in Michigan). Since 2015 the home price rose +37.9% in Indiana and +38.9% in Michigan: 1.0 points more in Michigan. Against the U.S. home average Indiana sits at -7.4% and Michigan at +16.3%.
Indiana and Michigan on the map
Indiana against Michigan: widest gaps
| Measure | Indiana | Michigan | Gap | Rank (of 51) |
|---|---|---|---|---|
| Smart meters, share of homes | 80% | 97% | -16.3 points | #33 / #4 |
| Price change 2024 to 2025 | +8.1% | +3.8% | +4.3 points | #8 / #31 |
| Petroleum share of generation | 0.1% | 1.3% | -1.2 points | #27 / #5 |
| Average home use, kWh a month | 938 | 635 | +303 | #22 / #43 |
| Nuclear share of generation | 0.0% | 21.3% | -21.3 points | #36 / #17 |
| Bill as share of income | 2.56% | 2.14% | +0.4 points | #13 / #28 |
| CO2 per MWh of generation, lb | 1,457 | 793 | +664 | #4 / #19 |
| Typical monthly bill, energy only | $150 | $127 | +$23 | #23 / #36 |
| Outage minutes a year, SAIDI | 124 | 160 | -36 | #26 / #14 |
| Clean share with nuclear | 16.2% | 33.8% | -17.7 points | #47 / #35 |
31 measures compared for Indiana and Michigan; the CSV holds the 10 widest.
CSVYour bill in Indiana and in Michigan
Indiana and Michigan: price over time
Home price, Indiana and Michigan, 2010 to 2025: 16 rows
| Year | Indiana | Michigan | Gap to U.S. |
|---|---|---|---|
| 2010 | 9.56 | 12.46 | -1.98 |
| 2011 | 10.06 | 13.27 | -1.66 |
| 2012 | 10.53 | 14.13 | -1.35 |
| 2013 | 10.99 | 14.59 | -1.14 |
| 2014 | 11.46 | 14.46 | -1.06 |
| 2015 | 11.57 | 14.42 | -1.08 |
| 2016 | 11.79 | 15.22 | -0.76 |
| 2017 | 12.29 | 15.40 | -0.60 |
| 2018 | 12.26 | 15.45 | -0.61 |
| 2019 | 12.58 | 15.74 | -0.43 |
| 2020 | 12.83 | 16.26 | -0.32 |
| 2021 | 13.37 | 17.54 | -0.29 |
| 2022 | 14.59 | 17.86 | -0.45 |
| 2023 | 14.94 | 18.84 | -1.06 |
| 2024 | 14.77 | 19.30 | -1.71 |
| 2025 | 15.96 | 20.03 | -1.27 |
Indiana 9.56 to 15.96 ¢ and Michigan 12.46 to 20.03 ¢ between 2010 and 2025 (EIA).
CSVWhere Indiana and Michigan are alike
- Industry price 2025, ¢/kWh: 8.66 and 8.51
- Time-of-use utilities: 63% and 60%
- Wind share of generation: 9.5% and 7.8%
- Price change, 2026 to date: +8.6% and +9.0%
- Price change since 2015: +38% and +39%
Sources and dates: data sources.
Questions
Is Indiana or Michigan higher on smart meters?
Michigan, by 16.3 points; they rank #33 and #4 of 51.
Is Indiana or Michigan higher on price change 2024 to 2025?
Indiana, by 4.3 points; they rank #8 and #31 of 51.
Is Indiana or Michigan higher on petroleum share of generation?
Michigan, by 1.2 points; they rank #27 and #5 of 51.
Is Indiana or Michigan higher on average home use?
Indiana, by 303; they rank #22 and #43 of 51.
Is Indiana or Michigan higher on nuclear share of generation?
Michigan, by 21.3 points; they rank #36 and #17 of 51.
What would 874 kWh a month cost in Indiana and in Michigan?
Indiana $140, Michigan $175: $36 apart, energy only.
Where do Indiana and Michigan match most closely?
industry price 2025, ¢/kWh (8.66 and 8.51); time-of-use utilities (63% and 60%); wind share of generation (9.5% and 7.8%).