Electricity Rates in Lawrence, IN

Residents of Lawrence, IN benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. AES Indiana serves the area.

Avg. Residential Rate 14.0¢/kWh
vs. Indiana Avg. -6.7%
vs. National Avg. -21.3%
Providers 1

Electricity Providers in Lawrence

Utility Residential Rate Commercial Rate Type
AES Indiana 14.0¢/kWh 14.0¢/kWh Investor Owned

Estimated Monthly Electric Bill

Based on the average residential rate of 14.0¢/kWh and typical US household usage of 886 kWh/month:

Lawrence monthly bill $124.04
Lawrence annual cost $1488.48
Indiana avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Lawrence

At 14.0¢/kWh, a typical Lawrence household spends approximately $1488.48/year on electricity. Solar panels could reduce this by 50–90%.

$1116/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in Lawrence

Charging an electric vehicle at home in Lawrence costs approximately $126.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.

Frequently Asked Questions

What is the average electricity rate in Lawrence, IN?

The average residential electricity rate in Lawrence, IN is 14.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $124.04 for a typical household.

Who provides electricity in Lawrence?

Lawrence is served by 1 electricity provider. AES Indiana is the largest provider in the area.

How do Lawrence electricity rates compare to the rest of Indiana?

Lawrence's average rate of 14.0¢/kWh is 6.7% below the Indiana state average of 15.0¢/kWh. Residents enjoy some of the lower rates in the state.