Commercial electricity rates in Indiana

What businesses in Indiana actually paid per kilowatt-hour, from EIA's monthly utility filings. Updated monthly.

The last 36 months

Range over the period shown: 11.21¢ to 14.45¢ per kWh. Each point is a monthly state average, not an offered rate.

Indiana by the numbers

How commercial compares with other sectors

All figures are August 2026 averages for Indiana.

Commercial customers in Indiana pay 22% less per kWh than households there. Nationally the commercial price sits 20% below residential, so the gap here is wider than usual.

What this costs a typical account

The average commercial account in Indiana used 7,228 kWh in August 2026. At 13.29¢ per kWh that is about $961 for the month — computed from EIA totals, so it is the average account, mixing a large facility with a corner shop.

How the price has moved

Over the 36 months to August 2026, Indiana's commercial price rose 13.0%, from 11.76¢ in September 2023 to 13.29¢. The high point was 14.45¢ in March 2025 and the low 11.21¢ in April 2024 — a spread of 29% between the cheapest and dearest month, which is unusually volatile for a state-level average.

Across the same period the dearest month on average was March (13.86¢) and the cheapest September (12.74¢), a seasonal swing of 9%.

Indiana against its region

Indiana is in EIA's East North Central division, where the commercial average was 13.95¢ in August 2026. Indiana is 5% below that, and 2 of 5 on price within the region.

Others in the region: Ohio, Wisconsin, Illinois, Michigan.

States priced near Indiana

Source

EIA Electric Power Monthly, retrieved 2026-11-02 · methodology · all 51 states