Billowatt

Cost to Run a Electric Furnace in Indiana

Indiana's average residential electricity rate is 18.2¢/kWh as of May 2026 — the 32nd cheapest in the country, 1% below the U.S. average. At typical usage (5 hours/day), a electric furnace here costs $332 per month.

Per hour

$2.18

at 10,000–20,000 W

Per day

$10.92

5 hours/day

Per month

$332

1,824 kWh

Per year

$3,986

21,900 kWh

By usage level in Indiana

Usage Per day Per month Per year
Light (2.5 hrs/day) $5.46 $166 $1,993
Typical (5 hrs/day) $10.92 $332 $3,986
Heavy (10 hrs/day) $21.84 $664 $7,972

Indiana vs. the rest of the country

Monthly cost at typical usage.

Indiana $332
Midwest average $313
U.S. average $336

Frequently asked questions

How much does it cost to run a electric furnace in Indiana?

At Indiana's current average residential rate of 18.2¢/kWh (May 2026), a electric furnace with typical usage costs about $10.92 per day, $332 per month, or $3,986 per year.

Is running a electric furnace in Indiana more expensive than average?

It's almost exactly the U.S. average: $332 per month here versus $336 nationally.

What does electricity cost in Indiana right now?

Indiana residents pay an average of 18.2¢ per kWh as of May 2026 — the 32nd cheapest rate of the 51 U.S. jurisdictions we track.

Electric Furnace costs in nearby states

What else costs to run in Indiana

See the full Indiana electricity cost guide →