AES Indiana electricity rates
Investor-owned utility · Indiana · RFC region · MISO
AES Indiana is a for-profit, investor-owned utility regulated by the state utility commission, serving 469,634 homes in Indiana. Its residential customers pay an average of 15.30¢/kWh including fixed and delivery charges, 15% less than the U.S. average.
Rate basis: EIA-861M monthly utility data, 12 months ending 2026-07.
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AES Indiana bill estimates
| Monthly use | At average all-in rate | Base tariff charges* |
|---|---|---|
| 500 kWh | $76.50 | $91.83 |
| 1,000 kWh | $153.00 | $160.86 |
| 1,500 kWh | $229.50 | $229.89 |
| 2,000 kWh | $306.00 | $298.92 |
*RS - Residential - over 325 KWH per month (effective 2025-08-12, $17.00/month customer charge), energy and fixed charges from the OpenEI Utility Rate Database. Riders, fuel adjustments and taxes are often billed separately, so real bills usually land closer to the all-in column. Calculate your bill.
AES Indiana residential rate plans
| Plan | Effective | Customer charge | Energy charges |
|---|---|---|---|
| RS - Residential - over 325 KWH per month | 2025-08-12 | $17.00 | 14.97¢ first 500 kWh, 13.81¢ after |
| RS - Residential - 0 - 325 KWH per month | 2025-08-12 | $12.50 | 14.97¢ first 500 kWh, 13.81¢ after |
Source: OpenEI U.S. Utility Rate Database. Rates change. Check the linked tariff or your bill for current figures.
AES Indiana rate history
2015–2025: +55% change in the average residential rate (9.50¢ → 14.69¢). Annual EIA-861 data.
Outages & reliability
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Reliability history
| 2025 | AES Indiana | Indiana avg | U.S. avg |
|---|---|---|---|
| Outage minutes per customer (SAIDI) | 295 | 375 | 266 |
| Outages per customer (SAIFI) | 1.22 | 1.39 | 1.34 |
| Average restoration time (CAIDI) | 4 hr 2 min | — | — |
| Outage minutes excluding major storms | 76 | 125 | 121 |
Outages in counties served (2025)
From ORNL EAGLE-I, which tracks customers without power every 15 minutes. These counts cover every utility in each county. Weighted across AES Indiana's counties, customers averaged 5 hr 46 min without power.
| County | Outage min/customer | Days with outages | Peak customers out | Worst day |
|---|---|---|---|---|
| Owen | 1,068 | 83 | 6,060 | 2025-06-18 |
| Bartholomew | 863 | 64 | 12,903 | 2025-06-19 |
| Pike | 819 | 53 | 1,996 | 2025-11-20 |
| Madison | 786 | 56 | 19,615 | 2025-04-03 |
| Morgan | 538 | 68 | 7,882 | 2025-06-18 |
| Greene | 458 | 61 | 5,023 | 2025-05-17 |
| Switzerland | 413 | 23 | 1,426 | 2025-03-20 |
| Marion | 381 | 61 | 66,663 | 2025-06-18 |
| Monroe | 356 | 52 | 12,654 | 2025-06-18 |
| Putnam | 288 | 29 | 6,808 | 2025-06-18 |
| Gibson | 286 | 48 | 4,357 | 2025-03-15 |
| Hendricks | 220 | 44 | 13,169 | 2025-04-03 |
| Sullivan | 200 | 36 | 1,564 | 2025-06-29 |
| Hamilton | 191 | 41 | 13,369 | 2025-05-17 |
| Shelby | 148 | 26 | 2,586 | 2025-06-18 |
| Knox | 143 | 32 | 1,866 | 2025-11-24 |
| Johnson | 89 | 20 | 3,032 | 2025-06-19 |
| Hancock | 88 | 29 | 2,439 | 2025-04-03 |
| Boone | 51 | 9 | 3,523 | 2025-05-17 |
| Daviess | 16 | 11 | 829 | 2025-01-18 |
AES Indiana service area
AES Indiana serves 20 counties in Indiana and 85 ZIP codes.
Bartholomew, Boone, Daviess, Gibson, Greene, Hamilton, Hancock, Hendricks, Johnson, Knox, Madison, Marion, Monroe, Morgan, Owen, Pike, Putnam, Shelby, Sullivan, Switzerland
Cities: Indianapolis, Carmel, Bloomington, Fishers, Noblesville, Greenwood, Lawrence, Westfield, Plainfield, Zionsville, Brownsburg, Greenfield, Fairfield Heights, Broad Ripple, Beech Grove, Speedway, Whitestown, New Whiteland, McCordsville, Cumberland, Pendleton, Fortville, New Palestine, Southport, Meridian Hills, Warren Park, Clermont
Programs, smart meters & solar
| Smart meters (AMI) for homes | 100% |
| Time-based rate programs | Time-of-use rates |
| Homes on time-based rates | 184 |
| Net-metered solar homes | 1,019 |
| Homes in demand response (e.g. thermostat rebates) | 69,474 |
| Residential efficiency incentives paid (2025) | $3,086,718 |
| Residential energy saved by programs | 57,521 MWh |
AES Indiana at a glance
| Ownership | Investor-owned utility |
| Services | Generation, Transmission, Distribution, Wholesale Marketing |
| Commercial rate | 16.24¢/kWh |
| Industrial rate | 11.70¢/kWh |
| Retail revenue (2025) | $1,747,852,800 |
| Electricity sold (2025) | 13,241,700 MWh |
| Peak demand | 2,801 MW summer · 2,828 MW winter |
| Power from own generation | 93% (rest purchased) |
| Line losses | 3.3% |
| Balancing authority | MISO |
| EIA utility ID | 9273 |
| Website | www.iplpower.com |
Other utilities in Indiana
Frequently asked questions
What is AES Indiana's electricity rate?
AES Indiana residential customers pay an average of 15.30¢ per kWh, all charges included (EIA-861M monthly utility data, 12 months ending 2026-07). That's 10% below the Indiana average of 16.94¢ and 15% below the U.S. average.
What is the average AES Indiana electric bill?
About $144 a month. The average AES Indiana home uses 941 kWh a month. At 1,000 kWh the bill would be about $153.
How many customers does AES Indiana have?
AES Indiana serves 469,634 residential customers and 530,671 customers in total in Indiana, across 20 counties.
How reliable is AES Indiana?
In 2025, the average AES Indiana customer was without power for 4 hr 55 min (SAIDI) over 1.22 interruptions (SAIFI), including major storms. Excluding major event days it was 76 min. The Indiana average was 6 hr 15 min and the U.S. average 4 hr 26 min.
Does AES Indiana offer time-of-use rates?
AES Indiana reports offering time-of-use rates to residential customers. Running big appliances off-peak can cut their cost. Pick the plan in the calculator above to see by how much.
Does AES Indiana offer net metering for solar?
AES Indiana had 1,019 residential net-metered customers in 2025 with 7.4 MW of capacity. Estimate solar savings at this utility's rate.
Sources: EIA-861 2025 and EIA-861M (through July 2026), OpenEI URDB, ORNL EAGLE-I, U.S. Census. Methodology. Spot an error? Rates change often, so confirm with AES Indiana before making decisions.