Electricity cost in Indiana, 2026
Homes in Indiana paid an average of 17.04¢ per kWh from January–July 2026 — 6% below the U.S. average of 18.19¢, and up 7.4% from the same months of 2025. That ranks 32nd cheapest of the 50 states and DC.
$46.01a month (30 days)
- Per hour of use
- $0.26
- Per day
- $1.53 · 9.00 kWh
- Per month
- 270.0 kWh
- Per year
- $559.76 · 3,285 kWh
Wattage on the nameplate is the maximum. Thermostat-controlled appliances (fridges, heaters, AC) cycle, so their real cost is usually lower; a plug-in meter tells you exactly.
What appliances cost to run in Indiana
At 17.04¢/kWh, 30-day month. Your utility's rate and fixed charges will differ; your bill's total divided by its kWh is your real price.
| Appliance | Watts | h/day | Per month | Per year |
|---|---|---|---|---|
| Refrigerator (modern, ENERGY STAR) | 150 | 10 | $7.67 | $93.29 |
| Central AC, 3 ton | 3,500 | 8 | $143.14 | $1,741 |
| Window AC, 10,000 BTU | 900 | 8 | $36.81 | $447.81 |
| Space heater | 1,500 | 6 | $46.01 | $559.76 |
| Electric water heater | 4,500 | 3 | $69.01 | $839.65 |
| Electric clothes dryer | 5,400 | 0.75 | $20.70 | $251.89 |
| Dehumidifier | 785 | 12 | $48.16 | $585.89 |
| 55" LED TV | 100 | 5 | $2.56 | $31.10 |
| Desktop computer | 120 | 8 | $4.91 | $59.71 |
| Gaming PC under load | 450 | 3 | $6.90 | $83.96 |
| Wi-Fi router + modem | 25 | 24 | $3.07 | $37.32 |
| Level 2 EV charging, 32 A | 7,680 | 1.50 | $58.89 | $716.50 |
Indiana compared with its neighbors
Indiana is in the EIA's East North Central region. July's price (16.73¢) was below the year-to-date average. It had the lowest price in its region.
| State | ¢/kWh 2026 YTD | Change vs 2025 | National rank |
|---|---|---|---|
| Indiana | 17.04 | +7.4% | 32 of 51 |
| Ohio | 18.70 | +13.0% | 34 of 51 |
| Wisconsin | 19.00 | +5.4% | 35 of 51 |
| Illinois | 19.22 | +10.7% | 36 of 51 |
| Michigan | 21.53 | +8.8% | 39 of 51 |
Charging an EV in Indiana
At this price, a car that goes 3.5 miles per kWh costs about $5.41 per 100 miles charged at home (counting 10% charging losses). A 40-mile daily commute adds about $64.91 a month to the bill. Size the circuit with the EV charger calculator.
Solar panels in Indiana
NREL's PVWatts model puts a south-facing, 20° roof array in Indianapolis at about 1,335 kWh per kW of panels a year (4.7 peak sun hours a day). Covering the average US home's 899 kWh a month takes about 8.1 kW, or 21 panels of 400 W; at 17.04¢/kWh that power is worth about $1,911 a year. Output peaks in Jul (146 kWh per kW) and bottoms out in Dec (66). Run your own numbers in the solar panel calculator.
Running backup power instead
A 7.5 kW portable generator at half load burns about 0.75 gallons of gasoline an hour, roughly 3.75 kWh. At $3.20 a gallon that is about 64¢ per kWh — 3.8 times Indiana's grid price. Generators are for outages, not savings. Compare with the fuel consumption calculator.