Indiana vs Michigan Electricity Rates (2026)
Indiana has 20.3% cheaper electricity than Michigan. Indiana residents pay 15.42¢/kWh compared to 19.34¢/kWh in Michigan, saving about $19.00/month on average.
Indiana
15.42¢
per kWh
$145/mo
Michigan
19.34¢
per kWh
$126/mo
Detailed Rate Comparison
| Metric | Indiana | Michigan | National Avg |
|---|---|---|---|
| Residential Rate | 15.42¢/kWh | 19.34¢/kWh | 17.22¢/kWh |
| Commercial Rate | 13.07¢/kWh | 14.59¢/kWh | - |
| Industrial Rate | 8.39¢/kWh | 9.14¢/kWh | - |
| Avg Monthly Bill | $145 | $126 | $134 |
| Renewable Energy | 11.0% | 12.0% | ~22% |
| Primary Source | Coal | Natural Gas | - |
Appliance Running Costs: Indiana vs Michigan
Monthly cost to run common household appliances in each state.
| Appliance | IN | MI | Savings |
|---|---|---|---|
| Air Purifier | $5.55 | $6.96 | IN saves $1.41 |
| Blender | $0.19 | $0.23 | IN saves $0.05 |
| CFL Bulb (13W) | $0.48 | $0.60 | IN saves $0.12 |
| Cable / Satellite Box | $3.89 | $4.87 | IN saves $0.99 |
| Ceiling Fan | $4.16 | $5.22 | IN saves $1.06 |
| Central Air Conditioner | $129.53 | $162.46 | IN saves $32.93 |
| Chest Freezer | $8.88 | $11.14 | IN saves $2.26 |
| Clothes Dryer (Electric) | $13.88 | $17.41 | IN saves $3.53 |
| Coffee Maker | $1.04 | $1.31 | IN saves $0.26 |
| Crypto Mining Rig | $166.54 | $208.87 | IN saves $42.34 |
| Dehumidifier | $16.65 | $20.89 | IN saves $4.23 |
| Desktop Computer | $7.40 | $9.28 | IN saves $1.88 |
| Dishwasher | $8.33 | $10.44 | IN saves $2.12 |
| Electric Baseboard Heater | $46.26 | $58.02 | IN saves $11.76 |
| Electric Fireplace | $25.91 | $32.49 | IN saves $6.59 |
Bottom Line: Indiana vs Michigan
Indiana is the more affordable state for electricity, with rates 20.3% lower than Michigan. An average household would save about $228.00/year by living in Indiana.
Indiana gets its electricity primarily from Coal with 11.0% renewable, while Michigan relies on Natural Gas with 12.0% renewable.
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Frequently Asked Questions
Is electricity cheaper in Indiana or Michigan?
Electricity is cheaper in Indiana at 15.42¢/kWh compared to Michigan at 19.34¢/kWh. That's a 20.3% difference, saving about $19.00/month on an average residential bill.
What is the average electricity bill in Indiana vs Michigan?
The average monthly electricity bill is $145 in Indiana and $126 in Michigan. The national average is $134.
Which state uses more renewable energy, Indiana or Michigan?
Michigan has a higher renewable energy percentage at 12.0%, compared to 11.0% in Indiana.
What are the main energy sources in Indiana and Michigan?
Indiana primarily uses Coal, while Michigan relies on Natural Gas.
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Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)