Electricity Rates in Evansville, IN
The average residential electricity rate in Evansville, IN is 18.0¢/kWh based on 2024 EIA data. Southern Indiana Gas & Elec Co provides electricity to the area. This is 20.0% above the Indiana state average.
Electricity Providers in Evansville
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Southern Indiana Gas & Elec Co | 18.0¢/kWh | 16.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 18.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Evansville
At 18.0¢/kWh, a typical Evansville household spends approximately $1913.76/year on electricity. Solar panels could reduce this by 50–90%.
The federal solar tax credit covers 30% of installation costs through 2032.
EV Charging Costs in Evansville
Charging an electric vehicle at home in Evansville costs approximately $162.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.
Nearby Cities in Indiana
Frequently Asked Questions
What is the average electricity rate in Evansville, IN?
The average residential electricity rate in Evansville, IN is 18.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $159.48 for a typical household.
Who provides electricity in Evansville?
Evansville is served by 1 electricity provider. Southern Indiana Gas & Elec Co is the largest provider in the area.
How do Evansville electricity rates compare to the rest of Indiana?
Evansville's average rate of 18.0¢/kWh is 20.0% above the Indiana state average of 15.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.