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

WFIU | By Rebecca Thiele

Published November 9, 2022 at 5:11 PM EST

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.

The Indiana Utility Regulatory Commission staff presents a survey of Indiana regulated electric utility billings for residential customers annually. The survey presents rates at a snapshot in time, namely July 1 of each year. The graphic ranks utilities by ranking for 1,000 kWh of cunsomption. (Courtesy of the 2022 Residential Bill Survey from the Indiana Utility Regulatory Commission)

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 rthiele@iu.edu or follow her on Twitter at @beckythiele.