Cost to Run a Pellet Stove 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 (10 hours/day), a pellet stove here costs $15.23 per month.
Per hour
5.0¢
at 200–500 W
Per day
$0.50
10 hours/day
Per month
$15.23
91 kWh
Per year
$183
1,095 kWh
By usage level in Indiana
| Usage | Per day | Per month | Per year |
|---|---|---|---|
| Light (5 hrs/day) | $0.25 | $7.62 | $91.43 |
| Typical (10 hrs/day) | $0.50 | $15.23 | $183 |
| Heavy (20 hrs/day) | $1.00 | $30.46 | $366 |
Indiana vs. the rest of the country
Monthly cost at typical usage.
Frequently asked questions
How much does it cost to run a pellet stove in Indiana?
At Indiana's current average residential rate of 16.7¢/kWh (July 2026), a pellet stove with typical usage costs about $0.50 per day, $15.23 per month, or $183 per year.
Is running a pellet stove in Indiana more expensive than average?
No — it's cheaper. Indiana's rate is about 9% below the U.S. average: $15.23 per month here versus $16.69 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.