Electricity rates in Carmel, IN
Carmel (88,713 people, Hamilton County) is served by 2 electric utilities. Homes on AES Indiana pay about 15.30¢/kWh, 10% less than the Indiana average.
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Electric companies serving Carmel
| Utility | Type | Rate | Avg bill | Homes (statewide) | Outage min |
|---|---|---|---|---|---|
| AES Indiana | Investor-owned utility | 15.30¢ | $144 | 470K | 295 |
| Duke Energy Indiana | Investor-owned utility | 15.79¢ | $157 | 809K | 267 |
Power outages in Hamilton County right now
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Outage history in Hamilton County
| 2024 | 2025 | |
|---|---|---|
| Outage minutes per customer | 105 | 191 |
| Days with outages | 49 | 41 |
| Most customers out at once | 17,791 (11.2%) | 13,369 (8.4%) |
| Worst day | 2024-09-27 | 2025-05-17 |
Outage minutes by month, 2025
More outage time than 2024 (105 min). Data: ORNL EAGLE-I county outage snapshots every 15 minutes, covering all utilities in the county.
Nearby cities
- Westfield 15.8¢
- Fishers 15.8¢
- Meridian Hills 15.3¢
- Noblesville 15.8¢
- Broad Ripple 15.3¢
- Zionsville 15.8¢
- Lawrence 15.3¢
- McCordsville 15.8¢
- Cicero 15.8¢
- Sheridan 15.8¢
ZIP codes: 46032, 46033, 46082
Frequently asked questions
What is the electricity rate in Carmel?
Most homes in Carmel get power from AES Indiana, where residential customers pay an average of 15.30¢/kWh including all charges. The Indiana average is 16.94¢ and the U.S. average 17.99¢. Other utilities serving parts of Carmel: Duke Energy Indiana (15.79¢).
What is the average electric bill in Carmel?
About $144 a month, based on 941 kWh a month (the average for AES Indiana customers) at 15.30¢/kWh. Homes with electric heat, pools or EVs pay more.
Who is the electric company in Carmel, IN?
2 utilities serve Carmel's ZIP codes: AES Indiana, Duke Energy Indiana. Which one serves you depends on your street address.
How often does the power go out in Carmel?
In 2025, customers in Hamilton County averaged 3 hr 11 min without power. Outages hit 41 days of the year, and the worst day was 2025-05-17, when 13,369 customers (8.4%) were out. Source: ORNL EAGLE-I.