Solar vs. Electricity Cost Comparison in Indiana
See how solar stacks up against traditional grid electricity in Indiana. With an average electricity rate of 15¢/kWh and 4.2 peak sun hours per day, Indiana homeowners can save significantly by going solar.
Select Your City in Indiana
Indianapolis
15.2¢/kWh · 4.2h sun/day
Avg bill: $148/mo · Indianapolis Power & Light (AES Indiana)
Fort Wayne
14.8¢/kWh · 4.1h sun/day
Avg bill: $140/mo · Indiana Michigan Power
Evansville
14.5¢/kWh · 4.3h sun/day
Avg bill: $138/mo · CenterPoint Energy
South Bend
15¢/kWh · 4h sun/day
Avg bill: $140/mo · Indiana Michigan Power
Carmel
15.5¢/kWh · 4.2h sun/day
Avg bill: $160/mo · Duke Energy Indiana
Fishers
15.2¢/kWh · 4.2h sun/day
Avg bill: $155/mo · Duke Energy Indiana
Bloomington
14.8¢/kWh · 4.2h sun/day
Avg bill: $138/mo · Duke Energy Indiana
About Electricity Costs in Indiana
Indiana residents pay an average of 15¢ per kilowatt-hour, resulting in typical monthly bills around $145. With electricity prices rising approximately 3% per year, homeowners in Indiana could spend an estimated $62,944 on grid electricity over the next 25 years.
Solar energy offers a way to lock in your electricity costs. With 4.2 peak sun hours per day and full net metering policies, Indiana is a strong state for residential solar installations.
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