Electric companies in Madison County, Indiana
Madison County, IN ranks 12 of 92 Indiana counties for heat wave risk, FEMA score 74.1. Madison County in Indiana has 130,949 residents and 5 utilities listed by EIA, with home prices of 12.75 to 16.31 cents per kWh.
Madison County on the map
Madison County darker: more storm events
Outage risk in Madison County
Madison County, IN, NWS storm events 2015 to 2025: 105 in all, 80.2 per 100,000 residents of 130,949, rank 19 of 92 Indiana counties. Property damage in Madison County, IN: $6.7M, with 3 direct injuries or deaths.
Events by year in Madison County, IN
events a year, Madison County, IN
- 13'15
- 4'16
- 9'17
- 6'18
- 12'19
- 7'20
- 12'21
- 9'22
- 7'23
- 7'24
- 19'25
Events by type
| Madison County, IN | FEMA | Score | Rank | Events | Peak | Damage |
|---|---|---|---|---|---|---|
| Madison County, IN, thunderstorm and high wind | Relatively High | 86.5 | 17 of 92 | 80 | 2025 (12) | $1.3M |
| Madison County, IN, tornado | Relatively Moderate | 85.3 | 19 of 92 | 8 | 2025 (4) | $5.1M |
| Madison County, IN, hurricane and tropical storm | Very Low | 25.7 | 43 of 92 | 0 | none | $0 |
| Madison County, IN, ice storm | Relatively Low | 58.8 | 22 of 92 | 2 | 2015 (1) | $1K |
| Madison County, IN, winter storm and heavy snow | Relatively Moderate | 76.9 | 18 of 92 | 14 | 2019 (3) | $205K |
| Madison County, IN, heat wave | Relatively Low | 74.1 | 12 of 92 | 1 | 2023 (1) | $0 |
Electric utilities in Madison County
| Utility listed for Madison County, IN | Type | Home price ¢/kWh | Yearly bill at 901 kWh | Share of Madison County, IN median income of $62,632 |
|---|---|---|---|---|
| Duke Energy Indiana, LLC in Madison County, IN | Investor Owned | 12.75 | $1,378 | 2.20% |
| City of Anderson in Madison County, IN | Municipal | 12.82 | $1,386 | 2.21% |
| AES Indiana in Madison County, IN | Investor Owned | 13.75 | $1,487 | 2.37% |
| NineStar Connect in Madison County, IN | Cooperative | 15.68 | $1,696 | 2.71% |
| Indiana Michigan Power Co in Madison County, IN | Investor Owned | 16.31 | $1,763 | 2.82% |
Prices are statewide utility averages, not a county price.
Facts about Madison County
- Residents of Madison County, IN, ACS 2023
- 130,94913 of 92 Indiana counties
- Households in Madison County, IN
- 52,8432.48 people each
- Owner-occupied homes in Madison County, IN
- 70.0%36,975 owner and 15,868 renter households
- Median household income in Madison County, IN
- $62,63265 of 92 Indiana counties
- Housing units in Madison County, IN
- 59,0756,232 vacant or seasonal, 10.5% of the units
- Homes heated by electricity in Madison County, IN
- 25.8%13,655 homes, 64 of 92 Indiana counties
- Utilities listed for Madison County, IN
- 55 with a home price: Duke Energy Indiana, LLC, City of Anderson, AES Indiana
- Lowest home price in Madison County, IN
- 12.75 ¢/kWhDuke Energy Indiana, LLC, 21.8% below the highest
- Highest home price in Madison County, IN
- 16.31 ¢/kWhIndiana Michigan Power Co
- Monthly bill gap in Madison County, IN
- $32between the two at 901 kWh, $385 a year, 0.61% of the Madison County, IN median income
- ZIP areas touching Madison County, IN
- 1446001 to 46070
- Outage-linked storm events in Madison County, IN
- 105NWS storm events, 2015 to 2025
- Homes built before 1980 in Madison County, IN
- 71.0%median year built 1965
- Flood claims in Madison County, IN
- 17NFIP 2015 to 2025, $336K paid
- Home energy burden in Madison County, IN
- 3.4%$1,547 a year on electricity (DOE LEAD)
Housing and heating in Madison County
Madison County, IN: 41,960 of 59,075 homes were built before 1980 and 6,949 in 2000 or later. Madison County, IN has 45,710 detached houses, 3,925 homes in 5+ unit buildings, 3,363 mobile homes, and 15,868 of 52,843 households rent.
Age of homes in Madison County, IN
% of homes by decade built, Madison County, IN
- 21pre-40
- 740s
- 1450s
- 1560s
- 1470s
- 880s
- 1090s
- 800s
- 310s
- 120+
Heating fuel in Madison County, IN
| Madison County, IN | Value | State median | Gap | Rank |
|---|---|---|---|---|
| Madison County, IN, median year built | 1965 | 1973 | -8 years | 72 of 92 |
| Madison County, IN, built before 1980 | 71.0% | 59.3% | +11.7 points | 15 of 92 |
| Madison County, IN, built 2000 or later | 11.8% | 17.9% | -6.2 points | 74 of 92 |
| Madison County, IN, detached houses | 77.4% | 78.5% | -1.2 points | 58 of 92 |
| Madison County, IN, apartments in 5+ unit buildings | 6.6% | 6.2% | +0.5 points | 39 of 92 |
| Madison County, IN, mobile homes | 5.7% | 6.2% | -0.5 points | 52 of 92 |
| Madison County, IN, renter households | 30.0% | 23.6% | +6.4 points | 13 of 92 |
| Madison County, IN, median home value | $147,700 | $171,400 | -$23,700 | 64 of 92 |
| Madison County, IN, median gross rent a month | $926 | $850 | +$76 | 26 of 92 |
| Madison County, IN, people per household | 2.38 | 2.46 | -0.08 | 72 of 92 |
Cost of living with electricity in Madison County
Madison County, IN: electricity $1,547 a year per home (DOE LEAD), all home energy $2,400, 3.4% of $70,807 income. 51,788 households in Madison County, IN spend about $80.1 million a year on electricity and $124.3 million on all home energy. Lower-income homes in Madison County, IN ($18,791 a year) spend 10.3% of income, 3.1 times the all-home figure.
Energy burden in Madison County, IN
| Madison County, IN | Homes | Income | Power | Gas | Other | Burden |
|---|---|---|---|---|---|---|
| Madison County, IN, all households | 51,788 | $70,807 | $1,547 | $800 | $53 | 3.4% |
| Madison County, IN, lower income | 14,902 | $18,791 | $1,189 | $687 | $67 | 10.3% |
| Madison County, IN, owners | 36,342 | $85,806 | $1,758 | $888 | $54 | 3.1% |
| Madison County, IN, renters | 15,446 | $35,515 | $1,052 | $595 | $51 | 4.8% |
Flood claims and flood insurance in Madison County
Madison County, IN: 17 NFIP flood claims in 2015 to 2025, $336K paid, median paid claim $8,939.
206 of 56,082 residential structures in Madison County, IN carry an NFIP contract. 221 NFIP policies of any type were in force in Madison County, IN on 8 Sep 2026. Madison County, IN lists 36 repetitive-loss properties.
Madison County, IN: claims history, not an outage count.
Flood claims by year in Madison County, IN
flood claims a year, Madison County, IN
- 6'15
- 0'16
- 6'17
- 0'18
- <5'19
- 0'20
- <5'21
- <5'22
- 0'23
- <5'24
- 0'25
| Madison County, IN | Value | Median county | Rank |
|---|---|---|---|
| Madison County, IN, claims 2015-2025 | 17 | — | 34 of 67 |
| Madison County, IN, paid 2015-2025 | $336K | — | 36 of 67 |
| Madison County, IN, median paid claim | $8,939 | — | — |
| Madison County, IN, claims per 1,000 homes | 0.3 | 0.9 | 61 of 67 |
| Madison County, IN, homes with flood insurance | 0.4% | 0.4% | 48 of 91 |
| Madison County, IN, policies in force | 221 | — | — |
| Madison County, IN, repetitive-loss properties | 36 | — | — |
Madison County, IN: OpenFEMA NFIP, claims as of 8 Sep 2026, insured share as of 3 Aug 2026; counts under 5 are hidden.
Madison County: flood claims by state, flood hub.
Analyst note on Madison County
Madison County, IN counts 130,949 residents in 52,843 households. Madison County, IN touches 14 ZIP areas, 46001 to 46070, about 9,354 residents each. Household income in Madison County, IN is $62,632; 36,975 of its 52,843 households own.
13,655 of the 52,843 homes in Madison County, IN heat with electricity. Madison County, IN has 59,075 housing units, 6,232 (10.5%) vacant or seasonal, and 15,868 rented homes. Madison County, IN logged 105 storm events for its 130,949 residents.
The median home in Madison County, IN dates from 1965. Homes in Madison County, IN pay $1,547 a year for electricity. Madison County, IN home prices run Duke Energy Indiana, LLC to Indiana Michigan Power Co, $32 a month apart at 901 kWh.
Bill and heat pump calculator, Madison County
Compare Madison County with its neighbours
- Delaware County sits 16 miles east of Madison County, IN with 112,109 residents, 93 storm events, median home built 1966, energy burden 3.7%, income $56,932.
- Hancock County sits 23 miles south of Madison County, IN with 82,013 residents, 77 storm events, median home built 1991, energy burden 2.5%, income $91,326.
- Grant County sits 25 miles north of Madison County, IN with 66,377 residents, 62 storm events, median home built 1963, energy burden 4.1%, income $54,007.
- Henry County sits 22 miles southeast of Madison County, IN with 48,896 residents, 45 storm events, median home built 1959, energy burden 4.0%, income $60,144.
- Hamilton County sits 21 miles southwest of Madison County, IN with 357,176 residents, 94 storm events, median home built 2000, energy burden 1.7%, income $117,957.
Cities in Madison County
- Anderson electricity rates54,930 residents
ZIP codes in Madison County
- 46001
- 46011
- 46012
- 46013
- 46016
- 46017
- 46036
- 46044
- 46048
- 46051
- 46056
- 46063
- 46064
- 46070
Indiana: home prices since 2001, planned plants.
Questions on Madison County
Madison County, IN: what do homes pay for electricity?
Madison County, IN homes paid 12.75 to 16.31 cents per kWh in 2024 across 5 listed utilities: $115 to $147 a month at 901 kWh, 2.20% to 2.82% of Madison County, IN income.
Madison County, IN: how many homes heat with electricity?
Madison County, IN: 13,655 of 52,843 occupied homes, 25.8%, rank 64 of 92.
Madison County, IN: median household income?
$62,632 in Madison County, IN, rank 65 of 92; 130,949 residents, 52,843 households.
Madison County, IN: outage-linked storms since 2015?
Madison County, IN: 105 NWS events, peak year 2025.
Madison County, IN: flood insurance claims since 2015?
Madison County, IN: 17 NFIP flood claims, $336K paid, 0.3 per 1,000 homes, 0.4% of homes insured.
How old are the homes in Madison County, IN?
Madison County, IN: median home built 1965; 71.0% predate 1980, 77.4% detached, 6.6% in 5+ unit buildings.
Madison County, IN: share of income for energy?
Madison County, IN homes spend $1,547 a year on electricity, $2,400 on all energy: 3.4% of $70,807; 10.3% for lower incomes.