Electric Consumer

Editor: Katerine G., Editor & Data Researcher · Research & publishing: Electric Consumer Editorial Team · Data retrieved · Sources named on this page: EIA-861, EIA retail sales, EIA-860/923, EPA eGRID, Census ACS · How we got these numbers · Report an error

Indiana electric companies, rates and outages

EIA counts 44 utilities in Indiana, serving 3,450,420 accounts for a population of 6,811,752.

Clifty Creek Power Plant complex taken from the Clifty Inn at Clifty Falls State Park in Madison, Indiana
Clifty Creek Power Plant Complex. Photo by Crowezr, CC BY-SA 3.0, Wikimedia Commons. Illustrative, not a listed utility's plant.

In 2025 Indiana homes paid 16.23 ¢/kWh: rank 20 of 51, 6.2% below the U.S. average of 17.30 ¢ (2024: 14.77 ¢).

Calculators for Indiana

How it compares

Indiana prices
Customer sector2024GapRank
Residential14.77 ¢/kWh-10.4% against the U.S.27 of 511 is highest
Commercial12.44 ¢/kWh-2.4% against the U.S.17 of 511 is highest
Industrial8.15 ¢/kWh+0.2% against the U.S.24 of 511 is highest

Electric companies in Indiana

Indiana home prices, 2024; lowest filled.

Indiana companies
CompanyHome accountsAverage priceReliabilityNet metering
City of AuburnLowest price6,8138.52 ¢/kWh$77 a month at 901 kWhNo dataNo data
City of Mishawaka25,07110.32 ¢/kWh$93 a month at 901 kWhNo dataNo data
City of Bluffton5,00710.38 ¢/kWh$94 a month at 901 kWhNo dataNo data
City of Logansport11,35010.93 ¢/kWh$99 a month at 901 kWhNo dataNo data
City of Jasper6,56811.19 ¢/kWh$101 a month at 901 kWhNo data0.0 MW4 systems
City of Frankfort7,82012.04 ¢/kWh$108 a month at 901 kWhNo dataNo data
City of Lebanon8,07612.57 ¢/kWh$113 a month at 901 kWhNo dataNo data
Duke Energy Indiana, LLC796,26512.75 ¢/kWh$115 a month at 901 kWh113 minSAIDI, SAIFI 0.9497.6 MW4,603 systems
City of Anderson29,53312.82 ¢/kWh$116 a month at 901 kWh193 minSAIDI, SAIFI 1.930.3 MW46 systems
City of Richmond16,31013.12 ¢/kWh$118 a month at 901 kWhNo data0.1 MW14 systems
City of Greenfield11,85813.13 ¢/kWh$118 a month at 901 kWh10 minSAIDI, SAIFI 0.13No data
Kosciusko County Rural E M C17,43513.27 ¢/kWh$120 a month at 901 kWh147 minSAIDI, SAIFI 0.890.7 MW79 systems
Noble County R E M C10,98613.53 ¢/kWh$122 a month at 901 kWh76 minSAIDI, SAIFI 0.831.1 MW75 systems
Crawfordsville Elec, Lgt & Pwr8,61513.62 ¢/kWh$123 a month at 901 kWhNo data0.1 MW15 systems
City of Peru9,06213.74 ¢/kWh$124 a month at 901 kWh34 minSAIDI, SAIFI 0.450.2 MW17 systems
AES Indiana469,49913.75 ¢/kWh$124 a month at 901 kWh87 minSAIDI, SAIFI 1.0612.7 MW1,109 systems
Johnson County Rural E M C28,27913.79 ¢/kWh$124 a month at 901 kWh28 minSAIDI, SAIFI 0.360.8 MW71 systems
Hendricks County Rural E M C37,63813.84 ¢/kWh$125 a month at 901 kWh54 minSAIDI, SAIFI 0.961.0 MW100 systems
Harrison County Rural E M C23,22113.88 ¢/kWh$125 a month at 901 kWh154 minSAIDI, SAIFI 1.701.0 MW97 systems
Dubois Rural Electric Coop Inc13,41914.38 ¢/kWh$130 a month at 901 kWhNo data0.5 MW43 systems
Western Indiana Energy REMC15,01714.39 ¢/kWh$130 a month at 901 kWh214 minSAIDI, SAIFI 1.341.2 MW58 systems
Clark County Rural E M C27,10314.63 ¢/kWh$132 a month at 901 kWh57 minSAIDI, SAIFI 0.690.8 MW95 systems
Bartholomew County Rural E M C11,42714.71 ¢/kWh$133 a month at 901 kWh84 minSAIDI, SAIFI 1.050.6 MW57 systems
Heartland REMC18,01314.72 ¢/kWh$133 a month at 901 kWhNo dataNo data
Carroll-White REMC14,80714.93 ¢/kWh$135 a month at 901 kWh377 minSAIDI0.8 MW80 systems
Northeastern Rural E M C30,61014.96 ¢/kWh$135 a month at 901 kWh58 minSAIDI, SAIFI 0.922.5 MW55 systems
Daviess Martin County R E M C7,97515.15 ¢/kWh$137 a month at 901 kWh249 minSAIDI, SAIFI 1.460.4 MW42 systems
Kankakee Valley Rural E M C18,99415.20 ¢/kWh$137 a month at 901 kWh332 minSAIDI, SAIFI 3.64No data
Southeastern Indiana R E M C26,17215.22 ¢/kWh$137 a month at 901 kWh248 minSAIDI, SAIFI 1.511.4 MW151 systems
Jackson County Rural E M C24,21515.32 ¢/kWh$138 a month at 901 kWh179 minSAIDI, SAIFI 1.890.9 MW94 systems
Jasper County Rural E M C7,74515.34 ¢/kWh$138 a month at 901 kWh90 minSAIDI, SAIFI 1.400.2 MW25 systems
NineStar Connect17,77015.68 ¢/kWh$141 a month at 901 kWhNo data0.4 MW12 systems
Southern Indiana R E C, Inc8,93615.73 ¢/kWh$142 a month at 901 kWh220 minSAIDI, SAIFI 1.770.6 MW52 systems
Whitewater Valley Rural EMC11,99815.83 ¢/kWh$143 a month at 901 kWhNo data0.6 MW62 systems
Decatur County Rural E M C8,08815.83 ¢/kWh$143 a month at 901 kWh183 minSAIDI, SAIFI 1.501.4 MW106 systems
Tipmont Rural Elec Member Corp28,88516.07 ¢/kWh$145 a month at 901 kWh114 minSAIDI, SAIFI 0.911.1 MW99 systems
Utilities Dist-Western IN REMC18,89816.10 ¢/kWh$145 a month at 901 kWh431 minSAIDI, SAIFI 2.321.5 MW154 systems
Indiana Michigan Power Co422,06216.31 ¢/kWh$147 a month at 901 kWh98 minSAIDI, SAIFI 0.7242.0 MW1,928 systems
Boone County Rural EMC18,37116.51 ¢/kWh$149 a month at 901 kWh60 minSAIDI, SAIFI 0.661.3 MW121 systems
RushShelby Energy14,76116.89 ¢/kWh$152 a month at 901 kWhNo data1.0 MW84 systems
Southern Indiana Gas & Elec Co133,79517.52 ¢/kWh$158 a month at 901 kWhNo data20.0 MW966 systems
South Central Indiana REMC34,90117.73 ¢/kWh$160 a month at 901 kWh307 minSAIDI, SAIFI 2.814.5 MW278 systems
Northern Indiana Pub Serv Co430,64819.09 ¢/kWh$172 a month at 901 kWh169 minSAIDI, SAIFI 0.9759.4 MW1,646 systems

Indiana: 2025 and 2026

Indiana, data to July 2026.

Indiana 2025 average price
16.23 ¢/kWh+9.9% against 2024, U.S. +5.0%
Indiana 2025 rank
20 of 51+7 places against 2024
Indiana January to Jul 2026
17.04 ¢/kWh+7.5% on Jan-Jul 2025
Indiana Last 12 months
16.94 ¢/kWhto July 2026
Indiana July 2026
16.73 ¢/kWh+3.4% against July 2025
Indiana 2025 costliest month
Nov 17.41 ¢cheapest Jan 14.55 ¢, a 20% spread
Indiana Typical 2025 bill
$155 a monthtop Jul $211, low Apr $119

The Indiana residential price averaged 16.23 ¢/kWh in 2025, +9.9% on 2024: Indiana ran 4.9 points faster than the nation. From January to July 2026 the Indiana average is 17.04 ¢, +7.5% on 2025, close to the U.S. change. Seasonality in Indiana: 2025 peaked in November at 17.41 ¢ and bottomed in January at 14.55 ¢. A typical residential account in Indiana paid about $1,864 for energy over 2025, from $119 in April to $211 in July; use per account ran 707 to 1,306 kWh a month.

Indiana price by month, 2024 to Jul 2026

Price by month, Indiana: 12 rows
Month202420252026 to Jul
Jan13.7014.5516.19
Feb14.0714.6416.06
Mar14.5016.4017.85
Apr15.3316.8917.90
May15.2616.9018.15
Jun14.8116.4817.51
Jul14.7116.1816.73
Aug14.7916.47No data
Sep14.8217.33No data
Oct15.7317.34No data
Nov16.2417.41No data
Dec14.3315.91No data

12 rows from EIA retail sales.

CSV

What a typical Indiana account paid each month

Indiana: use per account times price, energy only.

Typical bill by month, Indiana: 12 rows
Month20252026 to Jul
Jan184192
Feb158175
Mar139144
Apr119123
May120129
Jun164164
Jul211205
Aug185No data
Sep148No data
Oct126No data
Nov134No data
Dec175No data

12 rows from EIA retail sales.

CSV

What Indiana power is made of

In plain words. Coal is the biggest source in Indiana (46%), and the power made there is dirtier than the U.S. average per kWh. Plants with 4,092 MW are planned to retire by 2030. New plants with 2,351 MW are under construction.

In 2025 Indiana plants of 1 MW or more made 106.9 TWh. The biggest sources: coal 46.0%, natural gas 35.5%, wind 9.5%. For comparison, coal makes 16.6% of U.S. generation. Wind, solar and hydro together: 16.0% (22.6% for the U.S.). Indiana plants only; imports and rooftop solar are not counted.

Indiana, share of net generation, %

  • Coal 46.0
  • Natural gas 35.5
  • Nuclear
  • Hydro (conventional) 0.3
  • Wind 9.5
  • Utility-scale solar 6.2
  • Petroleum 0.1
  • Wood, biomass, geothermal, waste 0.2
  • Other 2.2

Fuel groups: prices guide.

Indiana, share of net generation and operating capacity: 8 rows
SourceIndiana share of generation, %U.S. share, %Indiana generation, TWhIndiana capacity, MW
Coal46.016.649.2213,731
Natural gas35.540.937.9010,216
Hydro (conventional)0.35.50.30108
Wind9.510.410.193,857
Utility-scale solar6.26.86.644,593
Petroleum0.10.40.1398
Wood, biomass, geothermal, waste0.21.40.1752
Other2.20.42.35639

EIA-923 and EIA-860 for Indiana, 2025 data, pulled 2 Oct 2026.

CSV

Indiana plant pipeline

Indiana, megawatts: 6 rows
Indiana plantsMW
Operating, utility-scale33,294
Battery storage337
Retiring 2026 to 20304,092
Retiring after 20303
Under construction2,351
Planned3,732

EIA-860 generators in Indiana, 2025 data.

CSV

Indiana carbon per kWh

Indiana plants emitted 1,457 lb of CO₂ per MWh in 2023 (0.661 kg per kWh), against 767 lb for the U.S. An average Indiana home using 950 kWh a month accounts for about 628 kg of CO₂ a month at that rate. The rate is for Indiana plants, not your supplier.

state and national values: 4 rows
MeasureIndianaU.S.
CO₂, lb per MWh1,457.2767.2
CO₂, kg per kWh0.6610.348
NOx, lb per MWh0.8250.452
SO2, lb per MWh0.5470.359

EPA eGRID2023 for Indiana, pulled 2 Oct 2026.

CSV

Indiana weather

A normal year in Indiana brings 5,941 heating and 887 cooling degree-days (1991 to 2020). 2025 had 5,587 heating (6% below normal) and 1,047 cooling (18% above normal).

Indiana degree-days by year

Heating and cooling degree-days, Indiana, 2015 to 2025: 11 rows
Indiana yearHeating (HDD)Cooling (CDD)Normal HDDNormal CDD
201556058765941887
2016513311075941887
201749868385941887
2018580111735941887
2019572510065941887
202052799195941887
2021527310285941887
202257469865941887
202348218365941887
2024473110385941887
2025558710475941887

NOAA nClimDiv degree-days for Indiana, 2015 to 2025, pulled 2 Oct 2026.

CSV

Indiana meters and time-of-use rates

80.5% of Indiana home meters are advanced (AMI) meters: 2,491,998 of 3,094,355. 17 of 27 reporting utilities offer a home time-of-use rate, and 98,812 home accounts are enrolled in dynamic pricing programs.

EIA-861 meters in Indiana, data year 2024, pulled 2 Oct 2026: homes.

Flood claims and flood insurance in Indiana

Indiana: 2,381 NFIP flood claims with a loss date in 2015 to 2025, $62.0M paid, median paid claim $15,461; 26th of 55 states and territories by dollars paid. The peak year was 2018 with 728 claims. FEMA counts 0.5% of Indiana residential structures as insured, 40th of 51, and the policy file shows 15,351 NFIP policies in force on 8 Sep 2026. Floods damage substations and lines, and in Indiana this is claims history, not an outage count.

Indiana counties with the most NFIP flood claims
Top counties in IndianaClaims 2015-2025PaidClaims per 1,000 homes
Clark County267$9.8M5.8
Marion County213$2.6M0.7
Elkhart County123$2.6M1.7
Jefferson County110$3.7M7.9
Lake County96$1.2M0.5

Indiana: flood claims by state, flood claims by county. 2,381 Indiana claims as of 8 Sep 2026, OpenFEMA NFIP; counts under 5 hidden.

Indiana charts

Price by sector, Indiana

Home 14.77, business 12.44, industry 8.15 ¢ in 2024.

Indiana price by sector 2015-2024, 2015 to 2024: 10 rows
YearResidentialCommercialIndustrialGap to U.S. residential
201511.579.786.86-1.08
201611.7910.016.97-0.76
201712.2910.547.54-0.60
201812.2610.607.38-0.61
201912.5811.037.36-0.43
202012.8311.216.98-0.32
202113.3711.587.39-0.29
202214.5912.868.65-0.45
202314.9412.558.24-1.06
202414.7712.448.15-1.71

10 rows from EIA retail sales.

CSV

Largest utilities, SAIDI

Median of 28 reporters here: 130.7 minutes.

min

  • Duke Energy Indiana, LLC112.9
  • AES Indiana87.3
  • Northern Indiana Pub Serv Co169.0
  • Indiana Michigan Power Co97.5
  • Hendricks County Rural E M C54.4
  • South Central Indiana REMC307.2
  • City of Anderson192.7
  • Northeastern Rural E M C58.2
  • U.S. median99.5

Indiana, SAIDI of the largest Indiana utilities: EIA-861 survey.

CSV

Median SAIDI by year, 2015-2024

144 minutes in 2015, 131 in 2024.

Median SAIDI by year, Indiana, 2015 to 2024: 10 rows
YearIndiana medianGap to U.S. median reporter
2015144+43
2016142+40
2017140+45
2018140+39
2019141+43
2020126+29
2021128+32
2022121+18
2023104+5
2024131+32

10 rows from EIA-861 survey.

CSV

Who serves each county

Indiana counties shaded by utilities listing them; the table shows the top twelve.

Indiana counties by number of electric utilitiesFultonFayetteMarshallJasperTiptonTippecanoeLaPorteAdamsRipleySpencerPoseySwitzerlandPorterFloydWayneDearbornScottHowardJacksonVigoStarkeSteubenRandolphGrantCrawfordHenryWellsDecaturClayMorganNobleBentonWabashCassKosciuskoMontgomeryMartinFranklinMadisonMiamiDuboisPutnamLawrenceGreeneWarrickSullivanShelbyBartholomewClintonKnoxJeffersonHancockOwenRushDaviessElkhartSt. JosephJenningsHuntingtonBooneJohnsonCarrollLaGrangeClarkWhitleyWhiteBrownPikeMonroePulaskiWashingtonAllenHamiltonGibsonHendricksDeKalbFountainLakeOrangeOhioDelawareHarrisonNewtonMarionPerryWarrenUnionJayBlackfordParkeVermillionVanderburgh

1 utility 2 3 4 or more

Indiana counties: first 12 of 92 rows
CountyUtilitiesNames
Bartholomew6AES Indiana; Bartholomew County Rural E M C; Decatur County Rural E M C; Duke Energy Indiana, LLC; Jackson County Rural E M C; RushShelby Energy
Boone6AES Indiana; Boone County Rural EMC; City of Frankfort; City of Lebanon; Duke Energy Indiana, LLC; Tipmont Rural Elec Member Corp
Franklin6Butler Rural Electric Coop Inc; Decatur County Rural E M C; Duke Energy Indiana, LLC; RushShelby Energy; Southeastern Indiana R E M C; Whitewater Valley Rural EMC
Hamilton6AES Indiana; Boone County Rural EMC; City of Frankfort; Duke Energy Indiana, LLC; Indiana Michigan Power Co; NineStar Connect
Kosciusko6Duke Energy Indiana, LLC; Heartland REMC; Kosciusko County Rural E M C; Noble County R E M C; Northeastern Rural E M C; Northern Indiana Pub Serv Co
Whitley6Duke Energy Indiana, LLC; Heartland REMC; Indiana Michigan Power Co; Kosciusko County Rural E M C; Noble County R E M C; Northeastern Rural E M C
Allen5Heartland REMC; Indiana Michigan Power Co; Noble County R E M C; Northeastern Rural E M C; Paulding-Putman Elec Coop, Inc
Clinton5Boone County Rural EMC; Carroll-White REMC; City of Frankfort; Duke Energy Indiana, LLC; Tipmont Rural Elec Member Corp
Dubois5City of Jasper; Dubois Rural Electric Coop Inc; Duke Energy Indiana, LLC; Southern Indiana Gas & Elec Co; Southern Indiana R E C, Inc
Greene5AES Indiana; Daviess Martin County R E M C; Duke Energy Indiana, LLC; Utilities Dist-Western IN REMC; Western Indiana Energy REMC
Hancock5AES Indiana; City of Greenfield; Duke Energy Indiana, LLC; NineStar Connect; RushShelby Energy
Jennings5Bartholomew County Rural E M C; Decatur County Rural E M C; Duke Energy Indiana, LLC; Jackson County Rural E M C; Southeastern Indiana R E M C

92 rows from EIA-861 Service Territory, Census 2023 county outlines.

CSV

Analyst note

Indiana residential power was 30th highest of 51 in 2015 at 11.57 ¢ and is 27th in 2024 at 14.77 ¢, so the state moved up 3 places. The U.S. figure went 12.65 to 16.48 ¢ while Indiana went +27.7%. The biggest annual move was 2022 at +9.1%; the latest year, 2024, came in at -1.1% against +3.0% for the U.S. Business customers paid 9.78 ¢ in 2015 and 12.44 ¢ in 2024, a gap to homes of -1.79 ¢ then and -2.33 ¢ now; industry went from 6.86 to 8.15 ¢ (+18.8%). Reliability improved at the 21 Indiana utilities that report in both years: their median SAIDI went from 145 minutes in 2015 to 113 in 2024, -22%, against a U.S. median reporter of 99. Duke Energy Indiana, LLC is the largest by accounts with 909,011, 26.3% of the 3,450,420 accounts in Indiana, and the top three hold 56.0%.

Indiana ranks 27th of 51 on residential price (14.77 ¢), mid-table, and 10.4% under the national average. Since 2015 the residential price moved +27.7% against +30.3% nationally, so Indiana has stayed close to the national pace, within 2.6 points.

Businesses pay 2.33 ¢ less than households here (-15.8%); business is under home price in 51 of 51. SAIDI for the typical reporter is 130.7 minutes across 28 utilities, above the national 99.5. Three utilities serve 59.2% of accounts.

By revenue, Indiana electricity splits 43.2% residential, 26.1% commercial and 30.7% industrial; by kWh the split is 33.3%, 23.9% and 42.8%. Residential accounts are the largest revenue source here. Home accounts are 88.6% of 3,450,419 accounts and use 901 kWh a month, a commercial account 5,261 and an industrial one 183,033.

Facts

Residents (ACS 2023)
6,811,7522,681,537 households
Electric accounts
3,450,420507 per 1,000 residents
Residential price
14.77 ¢/kWh-1.71 ¢ against the U.S.
Commercial price
12.44 ¢/kWh-0.31 ¢ against the U.S.
Industrial price
8.15 ¢/kWh+0.02 ¢ against the U.S.
Residential since 2015
+27.7%-2.6 points vs U.S.
Retail sales
99.2 TWh14,566 kWh a resident
Utilities listed
4426 cooperative, 12 municipal, 6 investor owned
Median SAIDI
130.7 min28 utilities, 1.31x U.S.
Net-metered capacity
259 MW12,438 installations
Top three utilities
59.2%of utility accounts
Business minus home
-2.33 ¢-15.8% of the home price
Counties with 2+ utilities
87 of 92most: Whitley, 6 utilities

Data tables

Indiana: price by year

YearHomeBusinessIndustryHome vs U.S.
201511.579.786.86-1.08
201611.7910.016.97-0.76
201712.2910.547.54-0.60
201812.2610.607.38-0.61
201912.5811.037.36-0.43
202012.8311.216.98-0.32
202113.3711.587.39-0.29
202214.5912.868.65-0.45
202314.9412.558.24-1.06
202414.7712.448.15-1.71

Questions on Indiana

How many cents per kWh do Indiana homes pay?

14.77 cents in 2024, which is -1.71 cents against the U.S. figure.

Did Indiana electricity get more expensive after 2015?

It went from 11.57 to 14.77 cents, +27.7% in total, -2.6 points against the U.S.

How many utilities does EIA list for Indiana?

44 utilities have Indiana as their largest state, and 28 of them report SAIDI.

How much solar net metering exists in Indiana?

259 MW over 12,438 installations.

How many electric accounts does Indiana have per 1,000 residents?

507: 3,450,420 accounts for 6,811,752 residents.

Do Indiana businesses pay more than households?

Businesses pay 12.44 ¢ and homes 14.77 ¢, a difference of -2.33 ¢.

What did Indiana residential electricity cost in 2025?

Indiana averaged 16.23 cents per kWh, +9.9% against 14.77 in 2024, and 20 of 51 among states.

Are Indiana residential electricity prices rising in 2026?

Indiana is +0.4 points against the U.S.: 17.04 cents from January to July 2026, +7.5% on 2025.

When in 2025 did Indiana residential power cost most, November or January?

November at 17.41 cents in Indiana; January was the lowest at 14.55, a 20% spread.

Does Indiana residential power cost less than the national average in 2026?

1.17 cents below the national average; Indiana 17.04 cents over January to July 2026, +7.5% on 2025.

States with a similar home price

Closest to Indiana at 14.77 ¢/kWh, by 2024 average home price.

More on Indiana

How Indiana ranks and compares

Indiana is 32nd cheapest of 51 on price (16.23 ¢); 23rd of 44 on outage minutes (124 min); 48th cleanest grid (1,457 lb CO2 per MWh); 11th highest income burden (2.66%).

All rankings, price, income and outages explorer, compare two states.

Counties in Indiana ranked: highest and lowest energy burden, storm reports and old homes, county by county.

More on Indiana

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In 2025 Indiana homes paid 16.23 ¢/kWh: rank 20 of 51, 6.2% below the U.S. average of 17.30 ¢ (2024: 14.77 ¢).

Cite this page

Underlying data are U.S. government works (EIA, Census Bureau). Our tables and charts: CC BY 4.0, credit Electric Consumer. The access date fills in when you open this page.

APA

Electric Consumer. (2026). Indiana electricity rates 2025: price per kWh, utilities and outages. Data as of 2 October 2026. Retrieved [date accessed], from https://electricconsumer.org/states/indiana.html

MLA

Electric Consumer. “Indiana electricity rates 2025: price per kWh, utilities and outages.” Electric Consumer, data as of 2 October 2026, https://electricconsumer.org/states/indiana.html. Accessed [date accessed].

Chicago

Electric Consumer. “Indiana electricity rates 2025: price per kWh, utilities and outages.” Data as of 2 October 2026. Accessed [date accessed]. https://electricconsumer.org/states/indiana.html.

BibTeX

@misc{usedata_states_indiana,
  author = "Electric Consumer",
  title = {Indiana electricity rates 2025: price per kWh, utilities and outages},
  year = {2026},
  url = {https://electricconsumer.org/states/indiana.html},
  note = {Data as of 2 October 2026. Accessed [date accessed]}
}
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