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UtilityRateWatch

Indiana electric rate increases

We track 1 utility in Indiana. None has a pending rate request on file as of our last check.

Last checked Oct 2, 2026

Tracked utilities

Average residential prices in Indiana

Statewide averages across all utilities, from the U.S. Energy Information Administration.

Electricity

Cents per kWh. Source: EIA, Electric Power Monthly

Electricity: 14.2¢ in August 2023, 16.7¢ in July 2026.12.0¢14.0¢16.0¢18.0¢20.0¢202320242025202616.7¢
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MonthCents per kWh
July 202616.7¢
June 202617.5¢
May 202618.1¢
April 202617.9¢
March 202617.9¢
February 202616.1¢
January 202616.2¢
December 202515.9¢
November 202517.4¢
October 202517.3¢
September 202517.3¢
August 202516.5¢
July 202516.2¢
June 202516.5¢
May 202516.9¢
April 202516.9¢
March 202516.4¢
February 202514.6¢
January 202514.6¢
December 202414.3¢
November 202416.2¢
October 202415.7¢
September 202414.8¢
August 202414.8¢
July 202414.7¢
June 202414.8¢
May 202415.3¢
April 202415.3¢
March 202414.5¢
February 202414.1¢
January 202413.7¢
December 202314.6¢
November 202314.6¢
October 202315.2¢
September 202314.1¢
August 202314.2¢

Natural gas

Dollars per thousand cubic feet. Source: EIA, Natural Gas Monthly

Natural gas: $20.85 in July 2023, $24.52 in June 2026.$5.00$15.00$25.002023202420252026$24.52
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MonthDollars per thousand cubic feet
June 2026$24.52
May 2026$13.70
April 2026$14.45
March 2026$12.49
February 2026$11.17
January 2026$10.03
December 2025$10.25
November 2025$11.31
October 2025$14.86
September 2025$22.85
August 2025$25.06
July 2025$23.21
June 2025$27.20
May 2025$14.04
April 2025$12.66
March 2025$11.59
February 2025$9.57
January 2025$8.85
December 2024$8.37
November 2024$9.95
October 2024$13.28
September 2024$20.10
August 2024$19.24
July 2024$20.43
June 2024$18.66
May 2024$14.34
April 2024$8.64
March 2024$8.15
February 2024$8.16
January 2024$7.40
December 2023$9.29
November 2023$9.92
October 2023$11.96
September 2023$20.72
August 2023$23.67
July 2023$20.85

Who approves rate changes

Investor-owned utilities in Indiana need approval from the Indiana Utility Regulatory Commission (IURC) to change their rates. Rate cases, filings and decisions are public. Search the regulator's dockets.

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