Indiana · Investor Owned
Southern Indiana Gas & Elec Co Electricity Rates
Average residential price, customers served and derived annual usage from EIA Form 861, 2024 release.
- 17.52¢
- Avg residential price / kWh
- 133.8K
- Residential customers
- +17.1%
- vs Indiana average
- $1,864
- Implied avg annual bill
Southern Indiana Gas & Elec Co charged an average of 17.52¢ per kWh to residential customers in 2024 - above the Indiana average and close to the US average.
Southern Indiana Gas & Elec Co is investor owned - a shareholder-owned company whose retail rates are set through a state regulatory commission. Its reported average residential price is above the Indiana customer-weighted average (+17.1%). Its customers used near the national residential norm at about 10,638 kWh a year each.
How this price compares
Ranked by price against the 46 utilities reporting residential rates in Indiana, Southern Indiana Gas & Elec Co comes 42nd of 46. The state's range runs from City of Auburn - (IN) at 8.52¢ to Sunnova at 24.44¢, so where a household sits inside Indiana depends far more on which utility serves it than on the statewide average alone.
Against the 4 other investor owned utilities reporting in Indiana, which averaged 15.47¢, Southern Indiana Gas & Elec Co is above its own ownership class within the state (+13.2%).
All figures come from the 2024 release, so no comparison mixes vintages. The state figure is customer-weighted across 46 reporting utilities.
Where Southern Indiana Gas & Elec Co sits among Indiana utilities
2024 average residential price across the 46 utilities reporting a rate in Indiana
17.52¢/kWh 9th affordability percentile More affordable than 9% of 45 other utilities
average residential price, equal-width bands
Each bar spans 2¢/kWh. Taller bars contain more utilities; the dashed marker locates this utility. Hover, focus or tap a bar for its exact count and share.
Source EIA Form 861 · 2024
| Benchmark | Price / kWh | Difference |
|---|---|---|
| Southern Indiana Gas & Elec Co | 17.52¢ | - |
| Indiana (customer-weighted, 46 utilities) | 14.96¢ | +17.1% |
| United States average | 16.48¢ | +6.3% |
| Investor Owned utilities nationally (183) | 17.36¢ | +0.9% |
Rate against consumption: Indiana utilities
Scale and consumption
Southern Indiana Gas & Elec Co reported 133.8K residential customers, ranking 5th of 46 utilities in Indiana by customers served and covering 4.6% of the state's reported residential customers.
Dividing reported residential sales by customers served gives about 10,638 kWh per customer per year - near the national residential norm, implying a typical annual bill near $1,864.
Within Indiana the median reporting utility sells about 12,086 kWh per customer, so Southern Indiana Gas & Elec Co customers use -12.0% against their own state's middle. Consumption close to the state middle means bills here track the price ranking fairly directly.
Every utility reporting in Indiana
All 46 utilities reporting bundled residential service in Indiana, largest first, with Southern Indiana Gas & Elec Co marked. The named companies either side of it are the ones a household in this state might otherwise be served by.
| Utility | Ownership | Customers | Avg ¢/kWh |
|---|---|---|---|
| Duke Energy Indiana, LLC | Investor Owned | 796.3K | 12.75¢ |
| AES Indiana | Investor Owned | 469.5K | 13.75¢ |
| Northern Indiana Pub Serv Co | Investor Owned | 430.6K | 19.09¢ |
| Indiana Michigan Power Co | Investor Owned | 422.1K | 16.31¢ |
| Southern Indiana Gas & Elec Co (this page) | Investor Owned | 133.8K | 17.52¢ |
| Hendricks County Rural E M C | Cooperative | 37.6K | 13.84¢ |
| South Central Indiana REMC | Cooperative | 34.9K | 17.73¢ |
| Northeastern Rural E M C | Cooperative | 30.6K | 14.96¢ |
| City of Anderson - (IN) | Municipal | 29.5K | 12.82¢ |
| Tipmont Rural Elec Member Corp | Cooperative | 28.9K | 16.07¢ |
| Johnson County Rural E M C | Cooperative | 28.3K | 13.79¢ |
| Clark County Rural E M C - (IN) | Cooperative | 27.1K | 14.63¢ |
| Southeastern Indiana R E M C | Cooperative | 26.2K | 15.22¢ |
| City of Mishawaka | Municipal | 25.1K | 10.32¢ |
| Jackson County Rural E M C - (IN) | Cooperative | 24.2K | 15.32¢ |
| Harrison County Rural E M C | Cooperative | 23.2K | 13.88¢ |
| Kankakee Valley Rural E M C | Cooperative | 19.0K | 15.20¢ |
| Utilities Dist-Western IN REMC | Cooperative | 18.9K | 16.10¢ |
| Boone County Rural EMC | Cooperative | 18.4K | 16.51¢ |
| Heartland REMC | Cooperative | 18.0K | 14.72¢ |
| NineStar Connect | Cooperative | 17.8K | 15.68¢ |
| Kosciusko County Rural E M C | Cooperative | 17.4K | 13.27¢ |
| City of Richmond - (IN) | Municipal | 16.3K | 13.12¢ |
| Western Indiana Energy REMC | Cooperative | 15.0K | 14.39¢ |
| Carroll-White REMC | Cooperative | 14.8K | 14.93¢ |
| RushShelby Energy | Cooperative | 14.8K | 16.89¢ |
| Dubois Rural Electric Coop Inc | Cooperative | 13.4K | 14.38¢ |
| Whitewater Valley Rural EMC | Cooperative | 12.0K | 15.83¢ |
| City of Greenfield - (IN) | Municipal | 11.9K | 13.13¢ |
| Bartholomew County Rural E M C | Cooperative | 11.4K | 14.71¢ |
| City of Logansport - (IN) | Municipal | 11.3K | 10.93¢ |
| Noble County R E M C | Cooperative | 11.0K | 13.53¢ |
| City of Peru - (IN) | Municipal | 9.1K | 13.74¢ |
| Southern Indiana R E C, Inc | Cooperative | 8.9K | 15.73¢ |
| Crawfordsville Elec, Lgt & Pwr | Municipal | 8.6K | 13.62¢ |
| Decatur County Rural E M C | Cooperative | 8.1K | 15.83¢ |
| City of Lebanon - (IN) | Municipal | 8.1K | 12.57¢ |
| Daviess Martin County R E M C | Cooperative | 8.0K | 15.15¢ |
| City of Frankfort - (IN) | Municipal | 7.8K | 12.04¢ |
| Jasper County Rural E M C | Cooperative | 7.7K | 15.34¢ |
| City of Auburn - (IN) | Municipal | 6.8K | 8.52¢ |
| City of Jasper - (IN) | Municipal | 6.6K | 11.19¢ |
| City of Bluffton - (IN) | Municipal | 5.0K | 10.38¢ |
| Paulding-Putman Elec Coop, Inc | Cooperative | 3.9K | 13.96¢ |
| Midwest Energy Cooperative - (MI) | Cooperative | 310 | 19.16¢ |
| Sunnova | Behind the Meter | 2 | 24.44¢ |
For generation mix and price history statewide, see electricity rates in Indiana.
Common questions about Southern Indiana Gas & Elec Co rates
- How much does Southern Indiana Gas & Elec Co charge per kWh?
- Southern Indiana Gas & Elec Co reported an average residential price of 17.52¢ per kWh across its bundled residential customers in the 2024 EIA Form 861 release. That is an annual average across all its residential customers, not a rate schedule, so an individual bill depends on the tariff, usage pattern and season.
- Is Southern Indiana Gas & Elec Co expensive compared with the rest of Indiana?
- Its average residential price is above the Indiana customer-weighted average of 14.96¢ per kWh, a difference of +17.1%. The state figure is weighted by customers across the 46 utilities reporting residential service in Indiana.
- What is the average electricity bill for Southern Indiana Gas & Elec Co customers?
- Dividing reported residential sales by residential customers gives about 10,638 kWh per customer per year. At the reported average price that implies roughly $1,864 a year, or about $155 a month. This is RateWatt's arithmetic on two EIA columns, not a figure EIA publishes.
- Who owns Southern Indiana Gas & Elec Co?
- EIA classifies Southern Indiana Gas & Elec Co as Investor Owned, a shareholder-owned company whose retail rates are set through a state regulatory commission. Nationally, Investor Owned utilities averaged 17.36¢ per kWh in the 2024 release.
What this page does and does not tell you
- An average across bundled residential customers for the year, revenue divided by sales, not a rate schedule.
- Form 861 presence is not evidence of availability at an address or of customer choice.
See our methodology, why energy prices vary and understanding rate structures.
Source: U.S. Energy Information Administration (EIA), Form 861 annual electric power industry report, 2024 release. Retrieved and formatted by RateWatt.
Disclaimer: This information is provided for informational purposes only and does not constitute professional or financial advice. Data is sourced from the U.S. Energy Information Administration (EIA). Rates change and averages do not describe any individual account. Consult your utility or a qualified professional before making decisions based on this data.
Every figure on RateWatt is rendered directly from official U.S. Energy Information Administration (EIA) data, no number is typed in by an editor. Average price, customers and sales are reported by EIA Form 861 (2024). Per-customer annual usage, the implied annual bill, the customer-weighted state average and every percentage difference are RateWatt's arithmetic on those reported columns. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2025.