Cost to Run a Heat Pump 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 (8 hours/day), a heat pump here costs $131 per month.
Per hour
$0.54
at 1,000–5,000 W
Per day
$4.30
8 hours/day
Per month
$131
730 kWh
Per year
$1,568
8,760 kWh
By usage level in Indiana
| Usage | Per day | Per month | Per year |
|---|---|---|---|
| Light (4 hrs/day) | $2.15 | $65.30 | $784 |
| Typical (8 hrs/day) | $4.30 | $131 | $1,568 |
| Heavy (16 hrs/day) | $8.59 | $261 | $3,136 |
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 17.9¢/kWh (April 2026), a heat pump with typical usage costs about $4.30 per day, $131 per month, or $1,568 per year.
Is running a heat pump in Indiana more expensive than average?
No — it's cheaper. Indiana's rate is about 5% below the U.S. average: $131 per month here versus $137 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.