NewInsight: Investor-owned utilities charge 23% more for power

Northern Indiana Public Service electricity rates

What homes pay Northern Indiana Public Service for electricity, from EIA.

Investor-owned utility, 434,142 homes in Indiana. EIA lists it as Northern Indiana Pub Serv Co.

Headlines

Average price
23.6¢ a kWh
Up 12% on a year ago
Average bill
$153 a month
Up 8.4% on a year ago
Average use
650 kWh
A month. Indiana 929 kWh
Price rank in Indiana
1 of 5
1 is the most expensive

Over the 12 months to August 2026, Northern Indiana Public Service homes paid 23.6¢ a kWh, against 16.9¢ across Indiana.

Northern Indiana Public Service vs Indiana

Northern Indiana Public ServiceIndiana
Average price, 12 months to August 202623.6¢16.9¢
Price in August 202623.4¢17.0¢
Average monthly bill, 12 months$153$157
Bill in August 2026$192$189
Average monthly use650 kWh929 kWh
Price change, past year+12%+8.8%
Price change since 2019+65%+34%

Electricity price

Average residential price a kilowatt-hour, by month.

Up to and including August 2026

Average monthly bill

What an average home pays a month.

Up to and including August 2026