Billowatt

Cost to Run a Pellet Stove 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 (10 hours/day), a pellet stove here costs $16.32 per month.

Per hour

5.4¢

at 200–500 W

Per day

$0.54

10 hours/day

Per month

$16.32

91 kWh

Per year

$196

1,095 kWh

By usage level in Indiana

Usage Per day Per month Per year
Light (5 hrs/day) $0.27 $8.16 $98.00
Typical (10 hrs/day) $0.54 $16.32 $196
Heavy (20 hrs/day) $1.07 $32.65 $392

Indiana vs. the rest of the country

Monthly cost at typical usage.

Indiana $16.32
Midwest average $15.11
U.S. average $17.15

Frequently asked questions

How much does it cost to run a pellet stove in Indiana?

At Indiana's current average residential rate of 17.9¢/kWh (April 2026), a pellet stove with typical usage costs about $0.54 per day, $16.32 per month, or $196 per year.

Is running a pellet stove in Indiana more expensive than average?

No — it's cheaper. Indiana's rate is about 5% below the U.S. average: $16.32 per month here versus $17.15 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.

Pellet Stove costs in nearby states

What else costs to run in Indiana

See the full Indiana electricity cost guide →