[ Duke Energy Indiana / IN ]
Duke Energy Indiana electricity rates in Indiana
NO RATE CASE ON FILE · DATA 2025
change in average rate, 2024→2025
What your bill becomes
Estimated at Duke Energy Indiana's average effective residential rate (14.98¢/kWh, EIA, all charges included). Your tariff, fees and taxes differ.
Rate history 2015–2025
| Year | ¢/kWh | Change | Customers |
|---|---|---|---|
| 2015 | 11.01¢ | — | 699,440 |
| 2016 | 11.05¢ | +0.4% | 707,782 |
| 2017 | 11.63¢ | +5.3% | 714,024 |
| 2018 | 11.53¢ | −0.9% | 724,302 |
| 2019 | 11.73¢ | +1.7% | 733,944 |
| 2020 | 11.68¢ | −0.4% | 745,027 |
| 2021 | 12.95¢ | +10.9% | 753,349 |
| 2022 | 15.15¢ | +17.0% | 770,371 |
| 2023 | 14.31¢ | −5.5% | 781,956 |
| 2024 | 12.75¢ | −10.9% | 796,265 |
| 2025 | 14.98¢ | +17.5% | 808,572 |
How this compares
Serves 71 counties in Indiana: Bartholomew, Benton, Boone, Brown, Carroll, Cass, Clark, Clay, Clinton, Crawford, Daviess, Dearborn, Decatur, Delaware, Dubois, Fayette, Floyd, Fountain, Franklin, Fulton, Gibson, Grant, Greene, Hamilton, Hancock, Harrison, Hendricks, Henry, Howard, Huntington, Jackson, Jefferson, Jennings, Johnson, Knox, Kosciusko, Lawrence, Madison, Marion, Martin, Miami, Monroe, Montgomery, Morgan, Ohio, Orange, Owen, Parke, Pike, Posey, Putnam, Randolph, Ripley, Rush, Scott, Shelby, Sullivan, Switzerland, Tippecanoe, Tipton, Union, Vermillion, Vigo, Wabash, Warren, Warrick, Washington, Wayne, Wells, White, Whitley. 428 ZIP codes.
What the numbers show
Since 2015, Duke Energy Indiana's average residential rate has gone from 11.01¢ to 14.98¢ per kWh: +36.1% over 10 years, or about +3.1% a year. It rose in 6 of the 10 years we can compare, and the biggest one-year increase was +17.5% in 2025. The largest drop was −10.9% in 2024.
For a home using 938 kWh a month, the Indiana average, Duke Energy Indiana's 2025 rate works out to about $1,686 a year, $110 less than at Indiana's average rate of 15.96¢. Of the 46 Indiana utilities in our data with a 2025 price, it is the 18th most expensive.
Duke Energy Indiana served 699,440 homes in 2015 and 808,572 in 2025 (+15.6%), about 27% of Indiana's residential electricity customers.
Who sets Duke Energy Indiana's rates
Duke Energy Indiana is investor-owned, so it can change its base rates only by filing a rate case with the Indiana Utility Regulatory Commission. The commission holds hearings and takes public comment before it rules, and it usually approves less than the company asks for. Fuel and other pass-through charges can change between rate cases.
Commission contact: Indiana Utility Regulatory Commission. How we calculate every figure on this page: methodology.
Questions
Is Duke Energy Indiana raising rates in 2026?
No rate case for Duke Energy Indiana is on file with the Indiana Utility Regulatory Commission in our tracker. Its average residential rate moved +17.5% from 2024 to 2025. We check the commission docket monthly.
What does Duke Energy Indiana charge per kWh?
Duke Energy Indiana's average effective residential rate was 14.98¢ per kWh in 2025 (EIA-861, revenue divided by sales, all charges included). Indiana's 2025 average was 15.96¢.
How much have Duke Energy Indiana rates gone up in five years?
+28.3% between 2020 and 2025, against +25.4% for Indiana as a whole over the latest five-year window.
How many customers does Duke Energy Indiana have in Indiana?
808,572 residential customers in 2025, across 71 counties including Bartholomew, Benton, Boone, according to the EIA-861 survey.
Where do these numbers come from?
Rates and customer counts are from the US Energy Information Administration's annual EIA-861 survey, which every US utility files. Nothing here is a utility bill; use it to understand the direction and size of changes.
Sources
- EIA-861 Sales to Ultimate Customers, 2015–2025 (released 2026-10-07)
- EIA-861M monthly state averages through Jul 2026
- NREL utility-by-ZIP lookup (2024)
