Compare Indiana and Michigan rates. Indiana pays 2.53¢/kWh less than Michigan. See per-kWh rates, average bills, and usage.
Rate Comparison
Metric
Indiana
Michigan
National Avg
Residential Rate
17.41¢/kWh
19.94¢/kWh
17.24¢/kWh
Avg Monthly Bill
$156.89
$123.27
$152.02
Monthly Usage
901 kWh
618 kWh
-
Market Type
regulated
mixed
-
Rate Rank (1=highest)
#20
#15
-
YoY Change
+14.3%
+18.4%
-
Key Findings
Indiana has lower electricity rates at 17.41¢/kWh vs 19.94¢/kWh in Michigan (12.7% difference).
Indiana residents pay about $34 less per month on average ($123.27 vs $156.89).
Indiana is a regulated market while Michigan is mixed.
Both states have seen rate increases: Indiana +14.3% and Michigan +18.4% year-over-year.
Frequently Asked Questions
Is electricity cheaper in Indiana or Michigan?
Indiana has lower residential electricity rates at 17.41¢/kWh compared to 19.94¢/kWh in Michigan, a difference of 2.53¢/kWh.
What is the average electric bill in Indiana vs Michigan?
The average monthly electric bill is $156.89 in Indiana and $123.27 in Michigan. The national average is $152.02.
Are Indiana and Michigan electricity markets regulated?
Indiana has a regulated electricity market, while Michigan has a mixed market. In deregulated markets, consumers can choose their electricity provider.
How can I verify my electricity bill in Indiana or Michigan?
Upload your bill to Utility Check for an independent third-party verification. We check rate calculations, compare your plan to alternatives, and identify billing errors. Visit our How It Works page to learn more.