Cost to Run a Electric Water Heater in Indiana
Indiana's average residential electricity rate is 16.7¢/kWh as of July 2026 — the 29th cheapest in the country, 9% below the U.S. average. At typical usage (2.9 hours/day), a electric water heater here costs $66.25 per month.
Per hour
$0.75
at 3,500–5,500 W
Per day
$2.18
2.9 hours/day
Per month
$66.25
397 kWh
Per year
$795
4,763 kWh
By usage level in Indiana
| Usage | Per day | Per month | Per year |
|---|---|---|---|
| Light (1.45 hrs/day) | $1.09 | $33.13 | $398 |
| Typical (2.9 hrs/day) | $2.18 | $66.25 | $795 |
| Heavy (5.8 hrs/day) | $4.36 | $133 | $1,591 |
Indiana vs. the rest of the country
Monthly cost at typical usage.
Frequently asked questions
How much does it cost to run a electric water heater in Indiana?
At Indiana's current average residential rate of 16.7¢/kWh (July 2026), a electric water heater with typical usage costs about $2.18 per day, $66.25 per month, or $795 per year.
Is running a electric water heater in Indiana more expensive than average?
No — it's cheaper. Indiana's rate is about 9% below the U.S. average: $66.25 per month here versus $72.60 nationally.
What does electricity cost in Indiana right now?
Indiana residents pay an average of 16.7¢ per kWh as of July 2026 — the 29th cheapest rate of the 51 U.S. jurisdictions we track.