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CenterPoint Energy, other large utility customers have highest bills in Indiana

Vectren merged with CenterPoint in 2019. Its Evansville downtown headquarters are pictured on a rainy spring day.
FILE PHOTO: Samantha Horton
IPB News
Vectren merged with CenterPoint in 2019.

CenterPoint Energy has the highest prices of any state-regulated electric utility — and other large Indiana utilities aren’t far behind.

That’s according to a survey of Indiana residents’ bills by the Indiana Utility Regulatory Commission.

The average CenterPoint residential customer pays about $168 a month for 1,000 kilowatt hours of electricity. The utility has had noticeably higher prices than others for at least a decade, but that gap has started to narrow since 2020.

READ MORE: Indiana approves new gas plants for CenterPoint Energy, groups worry about high bills

Now Duke Energy, NIPSCO and Indiana Michigan Power all have average residential customer bills above $150 a month.

Most municipal utilities — run by cities and towns — have lower bills. Customers served by the municipal utility with the highest prices, Crawfordsville Municipal Electric, still pay about $10 a month less than residents served by the investor-owned utility with the lowest prices, AES Indiana.

Contact reporter Rebecca Thiele at or follow her on Twitter at @beckythiele.

Rebecca Thiele covers statewide environment and energy issues.