CutYourElectric

Electricity rates in Madison, IN

Typical rate
15.79¢
Duke Energy Indiana
Est. monthly bill
$157
992 kWh/month
vs. Indiana
-7%
state 16.94¢
Outage time (2025)
7 hr 42 min
Jefferson County avg

Madison (12,040 people, Jefferson County) is served by 3 electric utilities. Homes on Duke Energy Indiana pay about 15.79¢/kWh, 7% less than the Indiana average.

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Electric companies serving Madison

UtilityTypeRateAvg billHomes (statewide)Outage min
Duke Energy IndianaInvestor-owned utility15.79¢$157809K267
Southeastern Indiana R E M CElectric cooperative16.31¢$19726K346
Jackson County Rural E M CElectric cooperative15.03¢$20224K476

Power outages in Jefferson County right now

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Outage history in Jefferson County

20242025
Outage minutes per customer385462
Days with outages5867
Most customers out at once3,941 (24.8%)2,548 (16%)
Worst day2024-06-252025-12-16

Outage minutes by month, 2025

  • Jan76
  • Feb24
  • Mar13
  • Apr83
  • May19
  • Jun80
  • Jul49
  • Aug13
  • Sep24
  • Oct52
  • Nov15
  • Dec14

More outage time than 2024 (385 min). Data: ORNL EAGLE-I county outage snapshots every 15 minutes, covering all utilities in the county.

Nearby cities

ZIP codes: 47250

Frequently asked questions

What is the electricity rate in Madison?

Most homes in Madison get power from Duke Energy Indiana, where residential customers pay an average of 15.79¢/kWh including all charges. The Indiana average is 16.94¢ and the U.S. average 17.99¢. Other utilities serving parts of Madison: Southeastern Indiana R E M C (16.31¢), Jackson County Rural E M C (15.03¢).

What is the average electric bill in Madison?

About $157 a month, based on 992 kWh a month (the average for Duke Energy Indiana customers) at 15.79¢/kWh. Homes with electric heat, pools or EVs pay more.

Who is the electric company in Madison, IN?

3 utilities serve Madison's ZIP codes: Duke Energy Indiana, Southeastern Indiana R E M C, Jackson County Rural E M C. Which one serves you depends on your street address.

How often does the power go out in Madison?

In 2025, customers in Jefferson County averaged 7 hr 42 min without power. Outages hit 67 days of the year, and the worst day was 2025-12-16, when 2,548 customers (16%) were out. Source: ORNL EAGLE-I.