Electricity Rates in Fishers, IN
Residents of Fishers, IN benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 2 electricity providers, with AES Indiana being the largest.
Electricity Providers in Fishers
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| AES Indiana | 14.0¢/kWh | 14.0¢/kWh | Investor Owned |
| Duke Energy Indiana, LLC | 13.0¢/kWh | 10.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 13.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Fishers
At 13.0¢/kWh, a typical Fishers household spends approximately $1382.16/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 Fishers
Charging an electric vehicle at home in Fishers costs approximately $117.00/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 Fishers, IN?
The average residential electricity rate in Fishers, IN is 13.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $115.18 for a typical household.
Who provides electricity in Fishers?
Fishers is served by 2 electricity providers. AES Indiana is the largest provider in the area, though rates and availability vary by specific address.
How do Fishers electricity rates compare to the rest of Indiana?
Fishers's average rate of 13.0¢/kWh is 13.3% below the Indiana state average of 15.0¢/kWh. Residents enjoy some of the lower rates in the state.