22.05¢
per kWh, 2025
[ NIPSCO / IN ]
NIPSCO electricity rates in Indiana
2024 REQUEST APPROVED JUN 2025 · DATA 2025
change in average rate, 2024→2025
+15.5%
vs 2024
433,889
residential customers
+45.5%
since 2020
What your bill becomes
Bill today
No change on file
Difference / month · / year
Estimated at NIPSCO's average effective residential rate (22.05¢/kWh, EIA, all charges included). Your tariff, fees and taxes differ.
Earlier cases
- 46120 · In effect · filed Sep 2024 · 22% asked, 16.75% approved
Rate history 2015–2025
| Year | ¢/kWh | Change | Customers |
|---|---|---|---|
| 2015 | 12.90¢ | — | 404,889 |
| 2016 | 13.01¢ | +0.8% | 407,268 |
| 2017 | 14.44¢ | +11.0% | 409,401 |
| 2018 | 13.99¢ | −3.1% | 412,267 |
| 2019 | 14.29¢ | +2.1% | 415,534 |
| 2020 | 15.15¢ | +6.0% | 418,871 |
| 2021 | 16.01¢ | +5.7% | 422,436 |
| 2022 | 17.01¢ | +6.3% | 424,735 |
| 2023 | 17.89¢ | +5.2% | 427,217 |
| 2024 | 19.09¢ | +6.7% | 430,648 |
| 2025 | 22.05¢ | +15.5% | 433,889 |
How this compares
15.96¢
Indiana average, 2025
+38.2%
NIPSCO vs IN 2025 average
+28.0%
vs US 2025 average
#1
priciest in IN
NIPSCO files with the EIA as Northern Indiana Pub Serv Co (utility ID 13756).
Serves 20 counties in Indiana: Benton, Carroll, DeKalb, Elkhart, Fulton, Jasper, Kosciusko, LaPorte, Lagrange, Lake, Marshall, Newton, Noble, Porter, Pulaski, St Joseph, Starke, Steuben, Warren, White. 162 ZIP codes.
Questions
Is NIPSCO raising rates in 2026?
No rate case for NIPSCO is pending with the Indiana Utility Regulatory Commission in our tracker. A 2024 request for 22% was approved at 16.75% in Jun 2025. Its average residential rate moved +15.5% from 2024 to 2025. We check the commission docket monthly.
What does NIPSCO charge per kWh?
NIPSCO's average effective residential rate was 22.05¢ per kWh in 2025 (EIA-861, revenue divided by sales, all charges included). Indiana's 2025 average was 15.96¢.
How much have NIPSCO rates gone up in five years?
+45.5% between 2020 and 2025, against +25.4% for Indiana as a whole over the latest five-year window.
How many customers does NIPSCO have in Indiana?
433,889 residential customers in 2025, across 20 counties including Benton, Carroll, DeKalb, according to the EIA-861 survey.
Where do these numbers come from?
Rates and customer counts are from the US Energy Information Administration's annual EIA-861 survey; rate-case facts are from the Indiana Utility Regulatory Commission docket linked on this page. Nothing here is a utility bill; use it to understand the direction and size of changes.
Sources
- EIA-861 Sales to Ultimate Customers, 2015–2025 (released 2026-10-07)
- EIA-861M monthly state averages through Jul 2026
- NREL utility-by-ZIP lookup (2024)