Electricity rates — Duke Energy Indiana Inc
Duke Energy Indiana Inc's customers paid 12.7¢ per kWh in 2024, riders included (EIA-861): about $120 a month for 943 kWh. RS - Residential Service, the lowest of 2 open plans at 1,000 kWh a month, comes to $2,010 a year. Schedule retrieved October 8, 2026.
Every priced Duke Energy Indiana Inc plan, 1,000 kWh/mo
| Plan | Per year | vs cheapest | Effective |
|---|---|---|---|
| RS - Residential Service✓ cheapesttiered · in effect since January 2026 | $2,010.36 | — | 16.8¢ |
| RS - Residential Service TOUtime-of-use · in effect since January 2026 | $2,044.76 | +$34.40 | 17.0¢ |
Price Duke Energy Indiana Inc’s plans at your own usage
The cheapest Duke Energy Indiana Inc plan at each level of use
- 500 kWh/mo — cheapest $1,104.59 (RS - Residential Service TOU), dearest $1,178.76, a $74.17 spread
- 1,000 kWh/mo — cheapest $2,010.36 (RS - Residential Service), dearest $2,044.76, a $34.40 spread
- 2,000 kWh/mo — cheapest $3,520.92 (RS - Residential Service), dearest $3,925.12, a $404.20 spread
What Duke Energy Indiana Inc's customers were billed in 2024
Duke Energy Indiana Inc's open plans and its customers' bills disagree by more than a quarter: at 943 kWh a month, the median plan is 17.0¢ per kWh against 12.7¢ billed in 2024. Before relying on a plan price here, test it against a real Duke Energy Indiana Inc bill in the bill analyzer.
| Ownership, as EIA classes it | Investor-owned |
|---|---|
| Full-service homes in Indiana | 796,265 |
| Share of Indiana's households | 26% |
| Average use per home | 943 kWh a month |
| Average bill per home | $120.26 a month |
| Billed per kWh, riders included | 12.7¢ |
| Median open plan here, at that use | 17.0¢ |
Duke Energy Indiana, LLC in U.S. Energy Information Administration, Form EIA-861, 2024 (Sales_Ult_Cust_2024.xlsx), retrieved September 23, 2026.
How the RS - Residential Service bill at 1,000 kWh has moved since 2014
Duke Energy Indiana Inc's RS - Residential Service cost $124.35 a month under its July 2014 version and costs $167.53 under its January 2026 one, 35% more. Its biggest single step, in September 2022, added $53.28 (43%). In Indiana, EIA's average price rose 42% between 2014 and 2025.
Every version of RS - Residential Service
| Took effect | At 1,000 kWh | Change | Record |
|---|---|---|---|
| January 2026 | $167.53 | +$24.91 (+17.5%) | URDB |
| January 2025 | $142.62 | +$11.32 (+8.6%) | URDB |
| March 2024 | $131.30 | −$45.43 (−25.7%) | URDB |
| September 2022 | $176.73 | +$53.28 (+43.2%) | URDB |
| January 2019 | $123.45 | −$1.27 (−1.0%) | URDB |
| March 2018 | $124.72 | +$6.41 (+5.4%) | URDB |
| March 2017 | $118.31 | +$1.90 (+1.6%) | URDB |
| January 2016 | $116.41 | −$7.94 (−6.4%) | URDB |
| July 2014 | $124.35 | First on record | URDB |
In the guides: Why electricity rates change
How it compares
Among the 100 utilities indexed, Duke Energy Indiana Inc's cheapest open plan is the 44th-highest, 7% more than their median of $1,877.14. It sits between South Carolina Electric&Gas Co ($1,953.92) and Northern States Power Co - Minnesota ($2,016.44).
In Indiana it is the dearest of the 2 utilities indexed; Indianapolis Power & Light Co starts lowest, at $1,930.32.
RS - Residential Service is tiered: past 300 kWh a month, each kWh costs 5.1¢ less. Of the 47 utilities whose plans step, that is the 10th-largest step.
In the guides: The price that changes once the meter passes a line
How Duke Energy Indiana Inc's plans are structured
Of 2 priceable plans: 1 tiered, 1 time-of-use.
Every plan carries a $13.70 fixed monthly charge.
Duke Energy Indiana Inc's published schedules
EIA-861 lists Duke Energy Indiana Inc serving homes in Indiana and in no other state, which is how its plans are placed there. 2 of its 2 published residential schedules can be priced.
When Duke Energy Indiana Inc's time-of-use plans charge most
RS - Residential Service TOU charges 21.7¢ a kWh every day 6 am to 8 am and 5 pm to 9 pm, November to March; and every day 5 pm to 9 pm, April to October, against 8.9¢ in its cheapest hours; those dearest hours are 20% of the year. Homes in Indiana typically put 25% of their electricity in them (NREL ResStock).
In the guides: Time-of-use plans, hour by hour