Electric Consumer

Editor: Katerine G., Editor & Data Researcher · Research & publishing: Electric Consumer Editorial Team · Data retrieved · Sources named on this page: EIA-861 · How we got these numbers · Report an error

Is electricity getting more expensive in Indiana?

+29%Indiana real price change since 2001

Indiana homes pay 29% more than in 2001 once inflation is removed. Indiana paid 6.92 ¢ per kWh in 2001 (12.58 ¢ in today's money) and 16.23 ¢ in 2025: +134.5% printed, +29.0% real. Rank 40th of 51 (1 = biggest real fall).

Indiana price since 2001

Indiana cents per kWh by year, 2001 to 2025: 25 rows
YearIndiana, 2025 dollarsIndiana, as printed
200112.586.92
200212.376.91
200312.327.04
200412.447.30
200512.367.50
200613.138.22
200712.838.26
200813.268.87
200914.269.50
201014.119.56
201114.4010.06
201214.7710.53
201315.1910.99
201415.5811.46
201515.7211.57
201615.8111.79
201716.1412.29
201815.7212.26
201915.8412.58
202015.9612.83
202115.8913.37
202216.0514.59
202315.7914.94
202415.1614.77
202516.2316.23

25 rows from EIA, BLS.

CSV
Indiana price at six points, 2001 to 2025
YearIndiana as printedIndiana in 2025 dollarsIndiana real change on the row aboveIndiana against U.S. real price
20016.92 ¢12.58 ¢start−19.4%
20068.22 ¢13.13 ¢+4.4%−21.0%
201110.06 ¢14.40 ¢+9.7%−14.1%
201611.79 ¢15.81 ¢+9.8%−6.1%
202113.37 ¢15.89 ¢+0.5%−2.1%
202516.23 ¢16.23 ¢+2.1%−6.2%

What would your Indiana bill have been?

Try your own Indiana bill

  • 2010: 14.11 ¢ (2025 dollars), $134 a month for 950 kWh. 2025: 16.23 ¢, $154. $20 more a month, $242 a year.
  • Scenario at +3.4% a year: 19.18 ¢ and $182 a month in 2030. Not a forecast.

What the Indiana numbers say

Indiana's biggest one-year real jump came in 2009 (+7.5%) and its biggest drop in 2024 (−4.0%); the Indiana price fell in 9 of 24 yearly steps. Indiana's 2025 real price of 16.23 ¢ is the highest of the 25 years in this series.

From 2019 to 2025 the Indiana real price moved +2.5%, from 15.84 ¢ to 16.23 ¢ in 2025 dollars, so the recent years changed little. Indiana sat 19.4% below the U.S. average in 2001 (12.58 ¢ against 15.60 ¢); Indiana is 6.2% below it in 2025 (16.23 ¢ against 17.30 ¢).

Per year, Indiana moved +1.07% real and +3.62% printed over 24 years, against +0.43% real for the nation.

Indiana key numbers

Indiana key numbers, 2001 to 2025
MeasureIndiana
Indiana 2001 price, as printed6.92 ¢
Indiana 2001 price in 2025 dollars12.58 ¢
Indiana 2025 price, preliminary16.23 ¢
Indiana change as printed+134.5%
Indiana change after inflation+29.0%
Indiana real change since 2019+2.5%
Indiana real change since 2021+2.1%
Indiana highest real price (2025)16.23 ¢
Indiana lowest real price (2003)12.32 ¢
Indiana real change per year+1.07%

Indiana against its neighbors

Indiana: +29.0% real since 2001. States bordering: Illinois +11.7% (17.3 points below Indiana); Kentucky +30.6% (1.6 points above Indiana); Michigan +33.2% (4.2 points above Indiana); Ohio +11.4% (17.6 points below Indiana).

Sources

EIA state data and EIA-861 give the Indiana prices; BLS CPI-U gives the inflation factor for Indiana. Retrieved 5 Oct 2026. Method. CSV for every state, Indiana included

More on Indiana

Questions

Is electricity getting more expensive in Indiana?

The Indiana home price went from 6.92 ¢ per kWh in 2001 to 16.23 ¢ in 2025 as printed (+134.5%). After inflation Indiana changed +29.0%, against +10.9% for the U.S.

What is the Indiana home electricity price in 2025 dollars?

Indiana paid 12.58 ¢ per kWh in 2001 (in 2025 dollars) and 16.23 ¢ in 2025. The Indiana series low is 12.32 ¢ (2003) and the high is 16.23 ¢ (2025).

Indiana: how does it rank on electricity prices against inflation?

Indiana ranks 40th of 51 on the real change since 2001 (+29.0%), and 30th on the change since 2019 (+2.5%).

Indiana homes in 2025 against 2019: how much more?

Indiana went from 12.58 ¢ to 16.23 ¢ as printed (+29.0%), and from 15.84 ¢ to 16.23 ¢ in 2025 dollars (+2.5%).

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+29% Indiana real price change since 2001