Duke Energy Indiana electric rates
Updated October 7, 2026 · Source: EIA Form 861 (2024), Cause 46038
Investor-owned utility serving 796,265 homes in Indiana.
Your rate
Estimate your bill
It's on your bill, usually near the top. Starting at 943 kWh, the average for Duke Energy Indiana homes.
This is an estimate. Uses the EIA average rate with a nominal $12 fixed charge; real tariffs have tiers, time-of-use pricing and riders. Your bill also includes taxes and fuel adjustments that change month to month.
Rate cases
| Docket | Status | Filed | Requested | Approved | Effective |
|---|---|---|---|---|---|
| Cause 46038 | Approved | April 4, 2024 | 16% ($491.5M) | — | March 1, 2025 |
Cause 46038: Duke Energy Indiana asked for $491.5 million (about 16%, up to $27.63/month at 1,000 kWh); the IURC's January 29, 2025 order approved $395.7 million, about $19.16/month for a 1,000 kWh residential customer, phased in with step 1 in late February/March 2025 and step 2 in early 2026. Money is for grid investment, generation and storm costs. Source
Rate history
Duke Energy Indiana's average rate is up 9% since 2020, versus +28% for the U.S. average.
Average residential revenue per kWh, EIA-861. Includes delivery and, where the utility sells it, supply.
Rebates for heat pumps, batteries and EV chargers
We haven't found utility-level rebates for Duke Energy Indiana yet. Check Indiana programs or read what's left after the federal credits ended.
About Duke Energy Indiana
- Ownership
- Investor Owned
- Homes served
- 796,265 residential customers (2024)
- Grid operator
- MISO
- Retail choice
- No — one bundled rate
- Data
- EIA-861 2024, released October 7, 2026; rate cases checked October 7, 2026
Other utilities in Indiana
- AES Indiana 13.75¢
- NIPSCO 19.09¢
- Indiana Michigan Power (AEP) 16.31¢
- Southern Indiana Gas & Elec 17.52¢
- Hendricks County Rural E M C 13.84¢
- South Central Indiana REMC 17.73¢
- Northeastern Rural E M C 14.96¢
- City of Anderson 12.82¢