Electricity Rates in Indianapolis, IN

Overview: Residential, Commercial and Industrial Electricity Rates For Indianapolis, IN

Below you will find residential, commercial and industrial electricity rates for Indianapolis, IN. The rates are given in two parts. The first part is entirely residential, resolved into utility companies that operate in the city. The rates are obtained from EIA.gov and mapped to the city via our database. The second part is residential, commercial and industrial and is presented as an average of the city. The data is obtained from OpenEI, which is derived from a statistical and mathematical modeling effort.

Residential Rates By Utility Company in Indianapolis, IN

The tables below give estimates of the electricity rates of different utilities serving Indianapolis, IN. Methodology is explained below the table.

Utility Company	Rate (cents/kWh)	Number of Customers
State Average in IN	14.67 cents/kWh	N/A
Average of Utilities in Indianapolis, IN	13.65 cents/kWh	N/A
Duke Energy Florida, LLC	13.69 cents/kWh	1,689,516
Indianapolis Power & Light Co	11.54 cents/kWh	453,896
Indiana Michigan Power Co	15.37 cents/kWh	525,756

Methodology

Methods: We obtained utility information from EIA for every state. We obtained a list of all cities in the USA, which means smaller municipalities like towns are not included. Using a proprietary database of utilities, we generated a list of electricity rates for each city from which we calculated the average rates. Utilities frequently merge, buy out each other, change their name. As a result, there is ambiguity and mistakes in the assignment of utilities to cities. We also obtained the state average electricity rate from EIA.gov.