Average Electric Bill in Indiana
Residential · 12-month average, September 2025 – August 2026.
That works out to about $1,905 a year. Among the 50 states and DC, Indiana has the 23rd highest average residential bill.
Data current through August 2026 — the latest available from the U.S. EIA, which publishes monthly figures on a roughly two-month delay.
What makes up the bill
Price × usage = bill, exactly: 17.00¢/kWh × 934 kWh ≈ $159. A state can land high on either factor — Indiana pays below the national rate but uses much more power than average.
Compared with nearby states
| Indiana | $159 | |
|---|---|---|
| U.S. average | $158 | |
| Ohio | $160 | |
| Kentucky | $155 | |
| Michigan | $134 | |
| Illinois | $132 |
Indiana sits within a dollar a month of the U.S. average of $158. Neighboring states share fuel mixes, weather, and often a grid operator, which makes them a closer benchmark than the national average.
Trend since 2008
Each point is a trailing 12-month average, which strips out the summer/winter swing and leaves the underlying trend. Bills start in January 2008 because that is when EIA began reporting customer counts.
Seasonal swing
- Highest month
- $205
- July 2026
- Lowest month
- $123
- April 2026
- Swing
- $82
- peak minus low
- Latest month
- $189
- August 2026
Actual bills are far from flat: Indiana peaks in July 2026 and bottoms out in April 2026. The headline figure above is the average across all twelve months.
Indiana electricity bills in context
Indiana's average monthly electricity bill is $159, ranking 23rd of the 50 states and DC, counting down from the most expensive. This places it just $1 above the national average of $158, though the state achieves this near-average bill in a different way than most of the country. Indiana's price of 17.00¢/kWh is lower than the national rate of 18.07¢/kWh, but homes here use more electricity — 934 kWh per month against a national average of 876 kWh — and that higher usage pushes the bill up to offset the savings from the lower rate.
Over the past year, from September 2025 to August 2026, the average bill has risen 7.4% from $148, adding $11 to monthly costs. The longer perspective shows more dramatic growth: since August 2021, the bill has increased 27.2% from $125, and since December 2008 it has climbed 72.7% from $92. Within the twelve-month window, bills swing sharply by season, reaching $205 in July 2026 at their peak and falling to $123 in April 2026 at their lowest, a range of $82.
Among neighbouring states, Indiana sits between Ohio at $160 per month and Kentucky at $155, paying more than both Michigan at $134 and Illinois at $132.
Written from the EIA figures on this page, covering data through August 2026.
Frequently asked questions
›How much is the average electric bill in Indiana?
›Is the electric bill in Indiana higher than the national average?
›Why is electricity relatively cheap in Indiana?
›When is the electric bill highest in Indiana?
›How does Indiana compare with neighboring states?
How this is calculated
EIA’s retail-sales dataset reports, for every state and month, total residential revenue and the number of residential customers served. The average monthly bill is simply the first divided by the second — total spending across all households, spread evenly over all accounts.
bill = revenue ÷ customers · averaged over 12 months (September 2025 – August 2026)
Two caveats worth knowing. It is an average, so it blends apartments with large houses — a typical household in Indiana may pay well above or below $159. And it counts what was actually billed for electricity, including fixed service charges, so it is not the same as multiplying your own usage by the advertised rate.
Looking for the rate rather than the bill? See Indiana electricity prices by sector.