Independent rate reference - not affiliated with any utility or energy supplier. Data: EIA Electric Power Monthly, June 2026.Full disclaimer
ElectricityRatePerKWh

AES Indiana Electricity Rate per kWh (2024 EIA Data)

Investor Owned|EIA utility 9273|Indiana|Bundled

In 2024, AES Indiana's residential customers paid an average of 13.75 cents per kWh: $694 million of revenue over 5.05 million MWh of sales across 469,499 bundled residential customers, as reported to EIA on Form 861.

Residential 2024
13.75¢
per kWh, bundled
vs IN avg 2024
-6.9%
state 14.77c
Bundled res. customers
469,499
530,802 all sectors
Rank in IN by res. accounts
#2 of 46
15.3% of state residential MWh

How the 13.75c figure is calculated

13.75c/kWh = $694,095k revenue / 5,048,596 MWh x 100. This is EIA's average realised price for 2024: everything AES Indiana billed its residential customers (energy, delivery, fuel and rider charges, fixed charges) divided by the kilowatt-hours it sold. It is not a tariff rate, and a 2024 annual average will differ from a current bill. For a 1,000 kWh month at this average, the energy cost works out to about $138 before taxes.

About AES Indiana's 2024 electricity prices

AES Indiana is an investor-owned electric utility that reports to the U.S. Energy Information Administration under utility number 9273. In 2024 it served 469,499 bundled residential customers in Indiana, and its average realised residential price was 13.75 cents per kWh: $694 million of residential revenue divided by 5.05 million MWh of residential sales.

Across the other sectors, AES Indiana's 2024 average prices were 14.29 cents for commercial customers (55,587 accounts) and 10.20 cents for industrial customers (5,716 accounts). Industrial customers paid 3.55 cents less per kWh than households, a 26% discount that is typical of high-volume, high-voltage service.

Within Indiana, AES Indiana ranked number 2 of 46 utilities with bundled or delivery service by residential accounts served (469,499) and accounted for 15.28% of the state's residential electricity sales in 2024, measured in MWh sold or delivered rather than in customers. The state-wide average realised residential price in 2024, computed from the same EIA file, was 14.77 cents per kWh, so AES Indiana's customers paid 1.02 cents below the Indiana average (-6.9%). For context, EIA's latest monthly figure for Indiana is 17.51 cents per kWh (June 2026, Electric Power Monthly); that is a different, more recent measure across all utilities and is not directly comparable with a 2024 annual average.

EIA's service-territory file places AES Indiana in 20 Indiana counties: Bartholomew, Boone, Daviess, Gibson, Greene, Hamilton, Hancock, Hendricks, Johnson, Knox, Madison, and Marion, and 8 more. On the grid side it operates in the RFC NERC region and the MISO market, and reported generation, transmission, buying transmission, distribution, and wholesale marketing as its activities. Balancing authority code: MISO.

EIA's preliminary 2025 early release (published 4 August 2026) shows a residential price of 14.69 cents per kWh for AES Indiana in Indiana across 469,634 residential customers, 0.94 cents higher than the 2024 final figure. Early-release data has not been validated by EIA and must not be aggregated; the 2024 final figures remain the reference on this page until the 2025 final file is published.

The nearest other utilities in Indiana by service-territory centroid are South Central Indiana REMC (6.5 miles away, 17.73 cents), Johnson County Rural E M C (19.9 miles away, 13.79 cents), Duke Energy Indiana, LLC (21.3 miles away, 12.75 cents), Hendricks County Rural E M C (30.1 miles away, 13.84 cents), and Utilities Dist-Western IN REMC (31.3 miles away, 16.10 cents).

2024 sales by sector in Indiana (bundled service)
SectorCustomersSales (MWh)Revenue ($k)Avg c/kWh
Residential469,4995,048,596694,09513.75
Commercial55,5871,774,798253,63514.29
Industrial5,7166,041,240615,90710.20

Counties served in Indiana (20)

BartholomewBooneDaviessGibsonGreeneHamiltonHancockHendricksJohnsonKnoxMadisonMarionMonroeMorganOwenPikePutnamShelbySullivanSwitzerland

From the EIA-861 Service Territory file; a listed county can be served in part only.

2025 early release (preliminary, not validated by EIA)

Residential price in Indiana: 14.69c/kWh (+0.94c vs 2024 final), 469,634 residential customers; commercial 15.57c; industrial 11.21c. Published 4 August 2026. EIA marks this file "not fully edited, use with caution"; the 2024 final figures above remain the reference.

Nearby and comparable utilities in Indiana

South Central Indiana REMCCooperative, 6.5 mi between territory centroids
34,901 res. accounts 17.73c
Johnson County Rural E M CCooperative, 19.9 mi between territory centroids
28,279 res. accounts 13.79c
Duke Energy Indiana, LLCInvestor Owned, 21.3 mi between territory centroids
796,265 res. accounts 12.75c
Hendricks County Rural E M CCooperative, 30.1 mi between territory centroids
37,638 res. accounts 13.84c
Utilities Dist-Western IN REMCCooperative, 31.3 mi between territory centroids
18,898 res. accounts 16.10c
EIA-861 facts, 2024
EIA utility number
9273
Ownership type
Investor Owned
Data year
2024 final (EIA-861)
Primary state
Indiana
Service type
Bundled (Part A)
Bundled residential customers (IN, price basis)
469,499
Residential accounts served (IN)
469,499
All accounts, all sectors (IN)
530,802
Residential price, 2024
13.75 c/kWh
Commercial price, 2024
14.29 c/kWh
Industrial price, 2024
10.20 c/kWh
Residential sales
5.05 million MWh
Residential revenue
$694 million
Rank in Indiana by residential accounts served
2 of 46
Share of Indiana residential sales (MWh, not customers)
15.28%
Indiana average, 2024
14.77 c/kWh
Counties served (IN)
20
NERC region
RFC
RTO / ISO
MISO
Balancing authority
MISO
Reported activities
Generation, Transmission, Buying Transmission, Distribution, Wholesale Marketing
2025 early release (preliminary)
14.69 c/kWh
Change vs 2024 final
+0.94 c/kWh
Registry status
Reported on Form EIA-861 for 2024
Indiana today
Residential (June 2026)17.51c
Commercial14.15c
Industrial9.00c
Indiana electricity rate page ->All utilities in Indiana ->
Energy cost at 13.75c
500 kWh$68.75
750 kWh$103.13
1,000 kWh$137.50
1,500 kWh$206.25

Realised price times usage; fixed charges are already inside the average. Bill calculator ->

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Source and method

Source: U.S. Energy Information Administration, Form EIA-861 Annual, 2024 final data (public domain), retrieved 28 August 2026; prices are average realised revenue per kWh, not tariffs. Final 2024 file f8612024.zip (released 3 December 2025) from the EIA-861 detailed data files. Preliminary 2025 figures come from the early-release file f8612025er.zip (4 August 2026), which EIA has not yet validated; they are labelled as such wherever shown and never mixed into a final figure.

Method: cents per kWh = revenue (thousand dollars) divided by sales (megawatthours), times 100. Customer counts, sales and revenue are the utility's own annual survey responses by state and sector. Bundled = energy plus delivery from one utility; delivery-only = the wires charge for customers who buy energy from a competitive supplier; energy-only = a competitive supplier's energy charge without delivery. County lists come from the EIA-861 Service Territory file; territory centroids used for "nearby utilities" are unweighted means of Census 2023 county centroids. EIA content is in the public domain (EIA copyright and reuse statement); the EIA logo is not used. Corrections: [email protected].