Electricity Rates in Indiana
Electricity Rates, Plans & Statistics
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Electricity Companies & Statistics in Indiana
- Population see rank6,833,037
- Total Production see rank92,445,136 MWh / 13.53 MWh per capita
- Total Consumption see rank96,079,419 MWh / 14.06 MWh per capita
- Total Production from Renewable see rank12,111,972 MWh / 1.77 MWh per capita
- CO2 Emissions from Consumption see rank61,433,050,742 kg / 8,990.59 kg per capita
- Total Production from Non-Renewable see rank80,333,164 MWh / 11.76 MWh per capita
Average Residential Electricity Bills & Rates in Indiana
Indiana residential electric rates are highest in January and the highest average bill is in October.
Historical Electricity Rates:
Indiana Electricity Fuel Mix
Indiana's Electricity Prices and Usage
The average residential electricity rate in Indiana in 2024 is 14.76 cents per kilowatt hour, which is 7.80% below the national average rate of 16.01 cents. Indiana is the 30th best priced state in the nation by average electricity rate. The electricity market in the state is regulated, meaning customers must choose their supplier based on where they live. Of the over 110 electricity suppliers most customers will have only one option. Solar power usage for electricity production in the state has increased by 76.47% during the previous 12 months. Indiana has achieved a 2.57% rise in the use of renewable fuel sources for electricity generation during the previous 12 months. The state is ranked as the 14th largest electricity consuming state as statewide consumption totals over 96,000,000 megawatt hours. The state has total emissions of 8,990.59 kilograms per capita of CO2 emissions, making it the 5th highest polluting state per capita.
Residential Electricity Providers in Indiana
Provider | Service Type | Residential Rate (¢) | Residential Average Bill ($) | Residential Sales (MWh) | Residential Revenues ($) | State Production (MWh) |
---|---|---|---|---|---|---|
Duke Energy Indiana | BUNDLED | 13.92 | 128.92 | 8,705,569.2 | 1,211,416,838 | 17,618,861.01 |
AES Indiana | BUNDLED | 13.43 | 119.34 | 4,906,122.86 | 658,835,858 | 12,776,298.5 |
Indiana Michigan Power | BUNDLED | 16.06 | 130.81 | 4,096,678.66 | 657,971,450 | 6,744,096.03 |
Northern Indiana Public Services Company | BUNDLED | 17.80 | 114.01 | 3,272,785.67 | 582,697,923 | 5,989,068.01 |
Vectren Energy | BUNDLED | 17.35 | 148.81 | 1,364,599.17 | 236,714,039 | 9,177,745.71 |
Hendricks Power Cooperative | BUNDLED | 12.73 | 154.75 | 520,225 | 66,214,700 | |
South Central Indiana REMC | BUNDLED | 15.27 | 172.17 | 462,724 | 70,666,000 | |
Jackson County REMC | BUNDLED | 13.33 | 179.81 | 387,596 | 51,653,000 | |
Clark County REMC | BUNDLED | 13.54 | 168.7 | 386,273 | 52,283,100 | |
Southeastern Indiana | BUNDLED | 14.35 | 171.51 | 369,795 | 53,066,000 |
Commercial Electricity Providers in Indiana
Provider | Service Type | Commercial Rate (¢) | Commercial Average Bill ($) | Commercial Sales (MWh) | Commercial Revenues ($) | State Production (MWh) |
---|---|---|---|---|---|---|
Duke Energy Indiana | BUNDLED | 11.01 | 678.86 | 8,107,531.85 | 892,973,365 | 17,618,861.01 |
Indiana Michigan Power | BUNDLED | 11.40 | 689.64 | 4,066,702.06 | 463,592,705 | 6,744,096.03 |
Northern Indiana Public Services Company | BUNDLED | 15.94 | 825.58 | 3,685,066.89 | 587,307,319 | 5,989,068.01 |
AES Indiana | BUNDLED | 13.84 | 369.19 | 1,763,444.61 | 244,052,567 | 12,776,298.5 |
Vectren Energy | BUNDLED | 15.49 | 774.93 | 1,151,151.65 | 178,339,042 | 9,177,745.71 |
Mishawaka Utilities | BUNDLED | 10.31 | 821.28 | 361,565 | 37,263,200 | |
Hendricks Power Cooperative | BUNDLED | 10.15 | 2,543.34 | 289,850 | 29,421,400 | |
Anderson Electric | BUNDLED | 10.30 | 557.1 | 277,476 | 28,585,700 | |
Boone REMC | BUNDLED | 11.05 | 3,721.84 | 206,855 | 22,867,000 | |
Northeastern REMC | BUNDLED | 12.19 | 739.07 | 192,858 | 23,502,300 |
Power Plants in Indiana
Plant | City/County | Primary Fuel Type | Production (MWh) | Emission (KG) | Emissions/MWh (KG/MWh) | Toxic Chemical Release | Closing Date |
---|---|---|---|---|---|---|---|
Lawrenceburg | Natural Gas | 8,563,761 | 3,244,034,331.86 | 378.81 | |||
Gibson County | Coal | 8,350,394 | 9,062,756,703.57 | 1,085.31 | |||
Eagle Valley (IN)AES Indiana (100.00%) | Morgan County | Natural Gas | 5,310,912 | 1,929,036,890.9 | 363.22 | ||
Clifty CreekIndiana Kentucky Electric Corporation (100.00%) | Madison | Coal | 5,027,694.02 | 5,226,211,199.28 | 1,039.48 | ||
St Joseph Energy CenterSt Joseph Energy Center LLC (100.00%) | St. Joseph County | Natural Gas | 5,021,495 | 1,821,319,625.72 | 362.7 | ||
Vermillion County | Coal | 4,474,506.01 | 4,214,764,661.64 | 941.95 | |||
MeromHallador Power Company, LLC (100.00%) | Sullivan County | Coal | 4,383,305.02 | 4,430,783,036 | 1,010.83 | ||
AES PetersburgAES Indiana (100.00%) | Pike County | Coal | 4,325,111 | 4,437,955,167.93 | 1,026.09 | ||
Warrick County | Coal | 4,191,925.01 | 4,230,314,227.68 | 1,009.16 | |||
Spencer County | Coal | 3,280,584.01 | 3,735,298,062.51 | 1,138.61 | 12/2028 |
Quick Facts
The state of Indiana is ranked 17th in the United States for electricity production, producing 92,445,136.07 megawatt hours.
Indiana ranks 16th in the United States for natural gas generation, with 35,396,680.89 megawatt hours generated using the fuel source.
Non-renewable fuel types are used in the production of 86.90% of the megawatt hours produced in Indiana, ranking it 16th worst for total megawatt hours produced from non-renewable fuels.
Over the previous year total population has risen by 0.40% in the state of Indiana, bringing the total number of residents in the state to 6,833,037.
By megawatt hours sold, the largest electricity provider in the state of Indiana is Duke Energy Indiana.
Indiana has achieved a 10.41% drop in CO2 pollution from electricity use throughout the most recent year.
County | Population | Providers | Plants | Residential Rate (¢) | Residential Avg. Electric Bill |
---|---|---|---|---|---|
Adams County | 35,685 | 4 | 1 | 16.38 | $180.30/mo |
Allen County | 391,449 | 5 | 15.41 | $139.22/mo | |
Bartholomew County | 83,540 | 3 | 14.06 | $155.43/mo | |
Benton County | 8,687 | 5 | 5 | 14.53 | $166.99/mo |
Blackford County | 12,139 | 3 | 16.08 | $132.88/mo | |
Boone County | 74,164 | 10 | 14.66 | $179.23/mo | |
Brown County | 15,444 | 4 | 14.51 | $167.14/mo | |
Carroll County | 20,288 | 6 | 1 | 14.23 | $153.82/mo |
Cass County | 37,918 | 6 | 2 | 12.44 | $133.84/mo |
Clark County | 124,237 | 5 | 1 | 13.56 | $160.42/mo |
Clay County | 26,397 | 4 | 2 | 14.54 | $153.95/mo |
Clinton County | 33,010 | 5 | 13.24 | $124.25/mo | |
Crawford County | 10,511 | 4 | 13.39 | $131.76/mo | |
Daviess County | 33,281 | 5 | 1 | 13.65 | $174.11/mo |
DeKalb County | 43,059 | 8 | 1 | 15.08 | $124.00/mo |
Dearborn County | 50,494 | 6 | 1 | 14.03 | $154.82/mo |
Decatur County | 26,466 | 4 | 1 | 14.19 | $168.35/mo |
Delaware County | 112,031 | 4 | 16.04 | $138.44/mo | |
Dubois County | 43,474 | 7 | 1 | 12.58 | $131.82/mo |
Elkhart County | 206,890 | 5 | 4 | 17.41 | $118.69/mo |
Fayette County | 23,393 | 5 | 13.95 | $158.50/mo | |
Floyd County | 80,714 | 4 | 12.81 | $154.62/mo | |
Fountain County | 16,422 | 6 | 14.55 | $144.08/mo | |
Franklin County | 22,769 | 6 | 14.01 | $158.21/mo | |
Fulton County | 20,400 | 5 | 11.94 | $181.43/mo | |
Gibson County | 33,017 | 5 | 1 | 14.02 | $146.20/mo |
Grant County | 66,022 | 4 | 2 | 15.97 | $131.03/mo |
Greene County | 30,924 | 5 | 3 | 14.54 | $160.54/mo |
Hamilton County | 364,921 | 7 | 2 | 14.01 | $130.12/mo |
Hancock County | 83,070 | 7 | 1 | 14.33 | $168.57/mo |
Harrison County | 39,516 | 3 | 1 | 12.23 | $161.61/mo |
Hendricks County | 182,534 | 7 | 2 | 12.96 | $148.41/mo |
Henry County | 48,857 | 10 | 3 | 13.79 | $171.48/mo |
Howard County | 83,574 | 3 | 1 | 13.93 | $130.21/mo |
Huntington County | 36,572 | 6 | 13.86 | $163.65/mo | |
Jackson County | 45,948 | 3 | 1 | 13.41 | $172.36/mo |
Jasper County | 33,006 | 6 | 8 | 14.34 | $155.55/mo |
Jay County | 20,570 | 3 | 4 | 16.86 | $233.10/mo |
Jefferson County | 33,000 | 4 | 1 | 14.07 | $146.21/mo |
Jennings County | 27,619 | 6 | 14.00 | $167.88/mo | |
Johnson County | 165,782 | 8 | 3 | 13.20 | $140.14/mo |
Knox County | 36,362 | 4 | 2 | 12.47 | $147.13/mo |
Kosciusko County | 80,826 | 6 | 13.55 | $113.96/mo | |
LaGrange County | 40,085 | 3 | 1 | 15.76 | $115.75/mo |
LaPorte County | 111,675 | 6 | 2 | 16.15 | $123.62/mo |
Lake County | 499,689 | 2 | 12 | 17.80 | $114.01/mo |
Lawrence County | 45,133 | 6 | 2 | 13.89 | $156.08/mo |
Madison County | 131,744 | 9 | 11 | 14.70 | $129.78/mo |
Marion County | 969,466 | 2 | 23 | 13.43 | $119.34/mo |
Marshall County | 46,175 | 7 | 2 | 17.09 | $149.77/mo |
Martin County | 9,885 | 5 | 1 | 13.87 | $177.26/mo |
Miami County | 36,100 | 6 | 4 | 12.95 | $146.78/mo |
Monroe County | 139,745 | 5 | 1 | 14.57 | $154.11/mo |
Montgomery County | 37,967 | 11 | 6 | 14.35 | $146.64/mo |
Morgan County | 72,236 | 8 | 1 | 14.56 | $156.43/mo |
Newton County | 13,865 | 4 | 1 | 15.25 | $142.50/mo |
Noble County | 47,293 | 8 | 13.35 | $132.85/mo | |
Ohio County | 5,931 | 2 | 13.92 | $163.00/mo | |
Orange County | 19,752 | 5 | 14.07 | $148.86/mo | |
Owen County | 21,280 | 4 | 15.01 | $167.30/mo | |
Parke County | 16,316 | 6 | 15.26 | $159.73/mo | |
Perry County | 19,151 | 4 | 3 | 13.58 | $141.49/mo |
Pike County | 12,220 | 6 | 2 | 14.58 | $146.87/mo |
Porter County | 174,791 | 3 | 4 | 16.42 | $120.72/mo |
Posey County | 25,301 | 5 | 2 | 16.14 | $148.62/mo |
Pulaski County | 12,496 | 7 | 14.09 | $149.31/mo | |
Putnam County | 36,838 | 7 | 14.21 | $153.04/mo | |
Randolph County | 24,681 | 4 | 4 | 15.40 | $162.42/mo |
Ripley County | 28,953 | 4 | 14.26 | $165.27/mo | |
Rush County | 16,706 | 3 | 14.46 | $162.00/mo | |
Scott County | 24,290 | 5 | 1 | 13.35 | $165.98/mo |
Shelby County | 44,825 | 3 | 1 | 14.53 | $165.76/mo |
Spencer County | 19,949 | 3 | 3 | 14.42 | $143.77/mo |
St. Joseph County | 272,234 | 9 | 8 | 15.99 | $124.03/mo |
Starke County | 23,275 | 4 | 14.69 | $131.06/mo | |
Steuben County | 34,379 | 5 | 14.06 | $115.21/mo | |
Sullivan County | 20,814 | 4 | 2 | 12.42 | $147.69/mo |
Switzerland County | 9,870 | 3 | 1 | 14.35 | $171.04/mo |
Tippecanoe County | 188,717 | 5 | 7 | 14.61 | $146.85/mo |
Tipton County | 15,290 | 6 | 1 | 13.73 | $121.55/mo |
Union County | 7,098 | 3 | 13.61 | $149.41/mo | |
Vanderburgh County | 179,744 | 2 | 2 | 17.35 | $148.81/mo |
Vermillion County | 15,477 | 5 | 2 | 13.98 | $138.67/mo |
Vigo County | 106,006 | 4 | 3 | 13.45 | $136.28/mo |
Wabash County | 31,120 | 6 | 1 | 13.78 | $163.16/mo |
Warren County | 8,430 | 4 | 1 | 14.23 | $176.95/mo |
Warrick County | 65,185 | 6 | 2 | 17.01 | $147.07/mo |
Washington County | 28,025 | 5 | 13.44 | $171.10/mo | |
Wayne County | 66,273 | 8 | 8 | 13.28 | $147.55/mo |
Wells County | 28,103 | 4 | 1 | 14.43 | $146.12/mo |
White County | 24,593 | 6 | 11 | 14.67 | $151.87/mo |
Whitley County | 34,048 | 9 | 1 | 14.23 | $145.41/mo |
In Indiana, Coal is 45.73% of the fuel types used in electricity production. Adding Coal totals to Natural Gas (38.29%) and Wind (10.22%), these three fuel types make up 94.24% state electricity generation. On average, the state citizens emit 8,990.59 kilograms of CO2 emissions from electricity consumption, which is the 5th worst per person emissions average for a state in the nation. This equals a total emissions amount of 61,433,050,741.94 kilograms. Indiana is home to 191 power plants, which is the 19th most in the country and 31st most when counting power plants per person.
Learn about going solar in Indiana, find out which system size is best for you, compare local installers and see which incentives are available in your area.
FAQ: Common Questions About Electricity in Indiana
Where does Indiana get its electricity?
Indiana's electricity is produced using primarily Coal, which accounts for 45.73% of the fuel used in the state. The second and third most used fuels are Natural Gas and Wind, which account for 38.29% and 10.22% of total production respectively.
What electricity company is the largest supplier in Indiana?
The largest electricity company in Indiana by total revenue is Duke Energy Indiana.
How much does electricity cost in Indiana?
The average cost per kilowatt hour of electricity in Indiana in 2024 is 14.76 cents.
What is the average electric bill in Indiana?
In 2024, Indiana has an average electricity bill of $134, and the US average is $138.
What power companies offer service in Indiana?
State Customers Rank | Provider | State Customers |
---|---|---|
1 | Duke Energy Indiana | 895,339 |
2 | AES Indiana | 520,600 |
3 | Northern Indiana Public Services Company | 487,342 |
4 | Indiana Michigan Power | 479,206 |
5 | Vectren Energy | 151,849 |
6 | Hendricks Power Cooperative | 36,625 |
7 | Anderson Electric | 34,777 |
8 | South Central Indiana REMC | 34,769 |
9 | Northeastern REMC | 31,284 |
10 | Johnson County REMC | 30,232 |
Does Indiana have a deregulated electricity market?
Indiana has a regulated electricity market, rather than a deregulated market. This means that citizens in the state normally have only one or two electricity supplier options when it comes time to choose who they purchase electricity from.
How many power plants are located in Indiana?
There are 191 power plants located in Indiana.
What is the cheapest electricity company in Indiana?
Residential Rate Rank | Provider | Residential Rate (¢) | State Customers |
---|---|---|---|
1 | Bargersville Utilities Indiana | 8.65 | 3,745 |
2 | Bluffton, Indiana Electric Utility | 9.57 | 5,934 |
3 | Avilla, Indiana Electric Utility | 9.66 | 1,198 |
4 | Ferdinand, Indiana Electric Utility | 9.67 | 892 |
5 | Hagerstown Electric | 10.00 | 1,173 |
6 | South Whitley, Indiana Electric Utility | 10.04 | 934 |
7 | Paoli, Indiana Electric Utility | 10.13 | 1,854 |
8 | Thorntown Utilities | 10.15 | 904 |
9 | Gas City Utilities | 10.21 | 3,268 |
10 | Logansport Municipal Utilities | 10.23 | 12,808 |
How many electric companies offer service in Indiana?
There are 111 electricity companies operating in Indiana.