Cost to Run a Heat Pump 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 (8 hours/day), a heat pump here costs $122 per month.
Per hour
$0.50
at 1,000–5,000 W
Per day
$4.01
8 hours/day
Per month
$122
730 kWh
Per year
$1,463
8,760 kWh
By usage level in Indiana
| Usage | Per day | Per month | Per year |
|---|---|---|---|
| Light (4 hrs/day) | $2.00 | $60.92 | $731 |
| Typical (8 hrs/day) | $4.01 | $122 | $1,463 |
| Heavy (16 hrs/day) | $8.02 | $244 | $2,926 |
Indiana vs. the rest of the country
Monthly cost at typical usage.
Frequently asked questions
How much does it cost to run a heat pump in Indiana?
At Indiana's current average residential rate of 16.7¢/kWh (July 2026), a heat pump with typical usage costs about $4.01 per day, $122 per month, or $1,463 per year.
Is running a heat pump in Indiana more expensive than average?
No — it's cheaper. Indiana's rate is about 9% below the U.S. average: $122 per month here versus $134 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.