⚡ Electricity rates in Indiana (2026)
Average price: 15¢/kWh — below the national average (-9% vs. the U.S. average). Typical bill ~$135/month.
Estimate your bill in Indiana
Indiana electric bill estimator
Starts from the Indiana average bill.
☀️ Would solar pay off in Indiana?
With Indiana's rates and sunlight, a typical home solar system has an estimated payback of 13.6 years and could save about $14,183 over 25 years (after the 30% federal tax credit).
See Indiana solar savings →Electricity bills in Indiana cities
| City | Population | Est. monthly bill |
|---|---|---|
| Indianapolis | 880,621 | $124 |
| Fort Wayne | 268,378 | $130 |
| Evansville | 116,486 | $135 |
| South Bend | 103,395 | $135 |
| Carmel | 99,757 | $140 |
| Bloomington | 79,968 | $140 |
Indiana electricity FAQ
What is the average electricity rate in Indiana?
About 15¢ per kWh — below the national average (-9% vs. the U.S. average of 16.5¢). The typical Indiana household bill is around $135 per month.
Why is electricity cheaper in Indiana?
Indiana's price reflects its generation mix, fuel costs, delivery charges, and regulation in the Midwest. Households here use about 900 kWh per month on average.
How can I lower my electric bill in Indiana?
Improve insulation and efficiency, shift heavy usage off-peak where time-of-use rates apply, and — if you're in a deregulated market — compare suppliers. Solar can cut the bill further; see the estimate below.