Electricity and gas prices in Indiana

Households in Indiana paid an average of 17.51¢ per kilowatt-hour for electricity in June 2026, and $24.52 per thousand cubic feet of natural gas in June 2026. That is the 21st highest electricity price of the fifty states and DC.

What heat costs here

Dollars per million BTU delivered into the house — the only figure that compares a heat pump with a furnace, and the only one that needs no assumption about your house.

Gas furnace, 95% AFUE$24.89
Heat pump at COP 3.0$17.11
Heat pump at COP 2.0$25.66
Electric resistance$51.32

Which certified heat pumps hold their capacity at 5 °F in Indiana

Five years of prices

July 202113.34¢
October 202114.25¢
January 202213.08¢
April 202214.31¢
July 202214.54¢
October 202216.70¢
January 202315.43¢
April 202315.08¢
July 202314.47¢
October 202315.17¢
January 202413.70¢
April 202415.33¢
July 202414.71¢
October 202415.73¢
January 202514.55¢
April 202516.89¢
July 202516.18¢
October 202517.34¢
January 202616.19¢
April 202617.90¢

Who sells electricity in Indiana

Utilities reporting at least 1,000 residential customers. The price column is derived — total residential revenue divided by total residential sales in EIA’s 2024 annual survey — not a tariff, and not this month’s rate.

Utility	Ownership	Residential customers	Derived from the 2024 survey
Duke Energy Indiana, LLC	Investor Owned	796,265	12.75¢
Aes Indiana	Investor Owned	469,499	13.75¢
Northern Indiana Pub Serv Co	Investor Owned	430,648	19.09¢
Indiana Michigan Power Co	Investor Owned	422,062	16.31¢
Adjustment 2024		158,037	14.49¢
Southern Indiana Gas & Elec Co	Investor Owned	133,795	17.52¢
Hendricks County Rural E M C	Cooperative	37,638	13.84¢
South Central Indiana Remc	Cooperative	34,901	17.73¢
Northeastern Rural E M C	Cooperative	30,610	14.96¢
City Of Anderson - (In)	Municipal	29,533	12.82¢
Tipmont Rural Elec Member Corp	Cooperative	28,885	16.07¢
Johnson County Rural E M C	Cooperative	28,279	13.79¢
Clark County Rural E M C - (In)	Cooperative	27,103	14.63¢
Southeastern Indiana R E M C	Cooperative	26,172	15.22¢
City Of Mishawaka	Municipal	25,071	10.32¢
Jackson County Rural E M C - (In)	Cooperative	24,215	15.32¢
Harrison County Rural E M C	Cooperative	23,221	13.88¢
Kankakee Valley Rural E M C	Cooperative	18,994	15.20¢
Utilities Dist-Western In Remc	Cooperative	18,898	16.10¢
Boone County Rural Emc	Cooperative	18,371	16.51¢
Heartland Remc	Cooperative	18,013	14.72¢
Ninestar Connect	Cooperative	17,770	15.68¢
Kosciusko County Rural E M C	Cooperative	17,435	13.27¢
City Of Richmond - (In)	Municipal	16,310	13.12¢
Western Indiana Energy Remc	Cooperative	15,017	14.39¢
Carroll-White Remc	Cooperative	14,807	14.93¢
Rushshelby Energy	Cooperative	14,761	16.89¢
Dubois Rural Electric Coop Inc.	Cooperative	13,419	14.38¢
Whitewater Valley Rural Emc	Cooperative	11,998	15.83¢
City Of Greenfield - (In)	Municipal	11,858	13.13¢
Bartholomew County Rural E M C	Cooperative	11,427	14.71¢
City Of Logansport - (In)	Municipal	11,350	10.93¢
Noble County R E M C	Cooperative	10,986	13.53¢
City Of Peru - (In)	Municipal	9,062	13.74¢
Southern Indiana R E C, Inc.	Cooperative	8,936	15.73¢
Crawfordsville Elec, Lgt & Pwr	Municipal	8,615	13.62¢
Decatur County Rural E M C	Cooperative	8,088	15.83¢
City Of Lebanon - (In)	Municipal	8,076	12.57¢
Daviess Martin County R E M C	Cooperative	7,975	15.15¢
City Of Frankfort - (In)	Municipal	7,820	12.04¢

Get told when this changes

A short note each month when EIA publishes new prices for Indiana.

Double opt-in, one click to unsubscribe, and we never sell the list. Privacy.

Prices: EIA Electric Power Monthly and Natural Gas Monthly, residential sector. Utility figures: EIA-861 annual survey, data year 2024. Both public domain.