Billowatt

Cost to Run a Electric Furnace in Indiana

Indiana's average residential electricity rate is 17.9¢/kWh as of April 2026 — the 32nd cheapest in the country, 5% below the U.S. average. At typical usage (5 hours/day), a electric furnace here costs $326 per month.

Per hour

$2.15

at 10,000–20,000 W

Per day

$10.74

5 hours/day

Per month

$326

1,824 kWh

Per year

$3,920

21,900 kWh

By usage level in Indiana

Usage Per day Per month Per year
Light (2.5 hrs/day) $5.37 $163 $1,960
Typical (5 hrs/day) $10.74 $326 $3,920
Heavy (10 hrs/day) $21.48 $653 $7,840

Indiana vs. the rest of the country

Monthly cost at typical usage.

Indiana $326
Midwest average $302
U.S. average $343

Frequently asked questions

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

At Indiana's current average residential rate of 17.9¢/kWh (April 2026), a electric furnace with typical usage costs about $10.74 per day, $326 per month, or $3,920 per year.

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

No — it's cheaper. Indiana's rate is about 5% below the U.S. average: $326 per month here versus $343 nationally.

What does electricity cost in Indiana right now?

Indiana residents pay an average of 17.9¢ per kWh as of April 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 →