Indiana
Electricity costs 16.23¢/kWh residential, ranking #32 cheapest in the US. 14.4% renewable energy.
16.23¢
Residential Rate
#32
Price Rank (Cheapest)
14.4%
Renewable Energy
#29
Renewable Rank
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Electricity Rates
| Residential | 16.23¢/kWh |
| Commercial | 13.88¢/kWh |
| Industrial | 8.89¢/kWh |
| National Average | 17.92¢/kWh |
Electricity Generation Mix
Coal
41.8%
Natural Gas
41.1%
Wind
10.6%
Solar
3.2%
Other
2.9%
Hydro
0.4%
Frequently Asked Questions
The residential electricity rate in Indiana is 16.23¢ per kilowatt-hour, ranking #32 cheapest out of 51 states. The national average is 17.92¢/kWh, making Indiana 9% below average.
14.4% of Indiana's electricity comes from renewable sources, ranking #29 among all states. The largest generation source is Coal at 41.8%.
Indiana's residential rate of 16.23¢/kWh is 9% below the national average of 17.92¢/kWh. Commercial rates are 13.88¢/kWh and industrial rates are 8.89¢/kWh.
Related State Energy Profiles
15.82¢/kWh residential · 32.6% renewable
15.85¢/kWh residential · 41.3% renewable
16.10¢/kWh residential · 9.0% renewable
16.96¢/kWh residential · 5.3% renewable
17.13¢/kWh residential · 4.4% renewable
22.92¢/kWh residential · 99.8% renewable
Electricity rates from EIA retail sales data. Prices in cents per kilowatt-hour. Generation mix from EIA electric power operational data. Rankings based on residential rates.
Residential electricity in Indiana runs 16.23¢/kWh, 9% below the 17.92¢/kWh national average and the 32nd cheapest of 51 states and territories.
Across rate classes, commercial customers pay 13.88¢/kWh and industrial customers 8.89¢/kWh — a 4.99¢/kWh gap that reflects the volume discounts large industrial loads receive. Renewables make up 14.4% of Indiana's generation mix; the dominant source is coal at 41.8%, followed by natural gas at 41.1%.
In 2024, Indiana generated about 97,013 GWh of electricity in total.
Source: U.S. Energy Information Administration, 2026.