Indianapolis Power & Light
Indianapolis Power & Light is a electric only utility serving 500,000 customers in Indiana. Average residential rate: 14.60¢/kWh (15.2% below national average).
14.60¢
per kWh
500,000
customers
IN
state
Electric Only
service type
Rate Comparison
| Metric | Indianapolis Power & Light | Indiana Avg | National Avg |
|---|---|---|---|
| Avg Rate | 14.60¢/kWh | 15.42¢/kWh | 17.22¢/kWh |
| Est. Monthly Bill (900 kWh) | $131.40 | $138.78 | $154.98 |
| Est. Annual Bill (900 kWh/mo) | $1,576.80 | $1,665.36 | $1,859.76 |
About Indianapolis Power & Light
Indianapolis Power & Light is one of the major electric utilities serving Indiana. With 500,000 customers, it ranks among the smaller utilities in the state.
The utility's average rate of 14.60¢/kWh is 15.2% below the national average of 17.22¢/kWh.
Visit the official Indianapolis Power & Light website for current rates, outage maps, and payment options.
Other Utilities in Indiana
| Utility | Rate (¢/kWh) | Customers | Type |
|---|---|---|---|
| Duke Energy Indiana | 14.90¢ | 850,000 | electric |
| Indiana Michigan Power | 15.42¢ | 600,000 | electric |
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Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)