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Energy Profile

Indiana

Electricity costs 16.23¢/kWh residential, ranking #32 cheapest in the US. 14.4% renewable energy.

Reviewed by EnergyProfile Editorial Team · Updated

16.23¢

Residential Rate

#32

Price Rank (Cheapest)

14.4%

Renewable Energy

#29

Renewable Rank

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Electricity Rates

Residential16.23¢/kWh
Commercial13.88¢/kWh
Industrial8.89¢/kWh
National Average17.92¢/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.

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.