Electricity Rates in Noblesville, IN
Residents of Noblesville, IN benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 3 electricity providers, with AES Indiana being the largest.
Electricity Providers in Noblesville
| 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 |
| Indiana Michigan Power Co | 16.0¢/kWh | 12.0¢/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:
Solar Savings in Noblesville
At 14.0¢/kWh, a typical Noblesville household spends approximately $1488.48/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 Noblesville
Charging an electric vehicle at home in Noblesville 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.
Nearby Cities in Indiana
Frequently Asked Questions
What is the average electricity rate in Noblesville, IN?
The average residential electricity rate in Noblesville, 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 Noblesville?
Noblesville is served by 3 electricity providers. AES Indiana is the largest provider in the area, though rates and availability vary by specific address.
How do Noblesville electricity rates compare to the rest of Indiana?
Noblesville'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.