Electricity rates — Duke Energy Indiana Inc
A household served by Duke Energy Indiana Inc using 1,000 kWh a month pays about $1,970.15 a year on the cheapest of 2 generally available plans — RS - Residential Service TOU from Duke Energy Indiana Inc, in effect since January 2026. Rates checked September 23, 2026.
Every priced plan, 1,000 kWh/mo
| Plan | Per year | vs cheapest | Effective |
|---|---|---|---|
| RS - Residential Service TOU✓ cheapesttime-of-use · in effect since January 2026 | $1,970.15 | — | 16.4¢ |
| RS - Residential Servicetiered · in effect since January 2026 | $2,010.36 | +$40.21 | 16.8¢ |
Cost across usage levels
The cheapest plan at each consumption level, showing whether the ranking holds as usage changes.
- 500 kWh/mo — cheapest $1,067.30 (RS - Residential Service TOU), dearest $1,178.76, a $111.46 spread
- 1,000 kWh/mo — cheapest $1,970.15 (RS - Residential Service TOU), dearest $2,010.36, a $40.21 spread
- 2,000 kWh/mo — cheapest $3,520.92 (RS - Residential Service), dearest $3,775.90, a $254.98 spread
What a typical bill costs
At 1,000 kWh a month the 2 generally available plans here run from $1,970.15 on RS - Residential Service TOU to $2,010.36 on RS - Residential Service, with a median of $1,990.26.
Effective rates, bill divided by kilowatt-hours, span 16.4¢ to 16.8¢ per kWh at that usage.
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 16.7¢ 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 | 16.7¢ |
Duke Energy Indiana, LLC in U.S. Energy Information Administration, Form EIA-861, 2024 (Sales_Ult_Cust_2024.xlsx), retrieved September 23, 2026.
How it compares
Among the 109 utilities indexed, Duke Energy Indiana Inc's cheapest open plan is the 30th-highest, 19% more than their median of $1,649.16. It sits between Consolidated Edison Co-NY Inc ($1,951.41) and Public Service Co of NM ($2,121.42).
In Indiana it is the dearest of the 2 utilities indexed; Indianapolis Power & Light Co starts lowest, at $1,876.32.
RS - Residential Service is tiered: past 300 kWh a month, each kWh costs 5.1¢ less. Of the 51 utilities whose plans step, that is the 9th-largest step.
In the guides: The price that changes once the meter passes a line
How the answer changes with usage
The cheapest plan from Duke Energy Indiana Inc changes with consumption. At 500 kWh a month RS - Residential Service TOU wins at $1,067.30 a year; at 2,000 kWh RS - Residential Service wins at $3,520.92.
The penalty for a poor choice grows with usage: $111.46 a year at 500 kWh against $254.98 at 2,000 kWh.
How these plans are structured
Of 2 priceable plans: 1 tiered, 1 time-of-use.
Every plan carries a $13.70 fixed monthly charge.
Who provides these plans
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.
The largest saving available here
Moving from RS - Residential Service to RS - Residential Service TOU saves $40.21 a year at 1,000 kWh a month, with no change in consumption.
What this does not cover
One of these plans prices by the hour, so its figure is marked lower confidence.
New to these terms? The methodology page explains tiered bands, time-of-use periods and fixed charges, and sets out exactly what the rate engine assumes.
Estimate — your actual bill may differ.
Tariff structures from NREL/OpenEI Utility Rate Database (CC0 1.0), retrieved September 23, 2026.