Billowatt

Cost to Run a Electric Water Heater 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 (2.9 hours/day), a electric water heater here costs $72.20 per month.

Per hour

$0.82

at 3,500–5,500 W

Per day

$2.38

2.9 hours/day

Per month

$72.20

397 kWh

Per year

$867

4,763 kWh

By usage level in Indiana

Usage Per day Per month Per year
Light (1.45 hrs/day) $1.19 $36.10 $433
Typical (2.9 hrs/day) $2.38 $72.20 $867
Heavy (5.8 hrs/day) $4.75 $144 $1,734

Indiana vs. the rest of the country

Monthly cost at typical usage.

Indiana $72.20
Midwest average $68.14
U.S. average $73.00

Frequently asked questions

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

At Indiana's current average residential rate of 18.2¢/kWh (May 2026), a electric water heater with typical usage costs about $2.38 per day, $72.20 per month, or $867 per year.

Is running a electric water heater in Indiana more expensive than average?

It's almost exactly the U.S. average: $72.20 per month here versus $73.00 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 Water Heater costs in nearby states

What else costs to run in Indiana

See the full Indiana electricity cost guide →