Electricity rates in Carmel, IN
Carmel (population 105,634) is served by Duke Energy Indiana. A typical home on its cheapest plan, RS, pays about $158 a month, 16.91¢ per kWh all-in: 0% below the Indiana average.
Utility Duke Energy IndianaPopulation Census 2025 estimateState price EIA, July 2026
Typical all-in priceRS
Duke Energy Indiana plans for a Carmel home
| Plan | Typical bill | All-in ¢/kWh | Summer weekday windows | EV, 1,000 mi |
|---|---|---|---|---|
| RSChecked | $158/mo | 16.91 | Same price all day | $36/mo |
| RS TOU (Tariff No. 6.5)Checked | $160/mo | 17.13 | Mid-peak 12 am–1 am, Mid-peak 5 am–6 pm, Peak 6 pm–10 pm, Mid-peak 10 pm–12 am | $24/mo |
Typical bill: average Indiana use of 935 kWh a month, shaped hour by hour (NREL ResStock), averaged over the year. EV: Tesla Model Y Long Range AWD, 275 kWh a month from the wall, charging from its cheapest start hour. Full Duke Energy Indiana tariff details and sources.
Carmel electricity: common questions
Who provides electricity in Carmel, IN?
The centre of Carmel lies in Duke Energy Indiana’s retail service territory, according to the federal service-territory map built from EIA-861 data. Territories are drawn approximately, so homes near the city limits can be served by another utility or cooperative; the name on your bill is the authority.
How much is electricity per kWh in Carmel?
On Duke Energy Indiana’s RS plan, a typical Indiana home using 935 kWh a month pays about 16.91¢ per kWh all-in before taxes, or $158 a month. The Indiana average over the last 12 months was 16.94¢ (EIA).
How much does it cost to charge an EV in Carmel?
Driving 1,000 miles a month in a Tesla Model Y Long Range AWD adds about $24 a month on Duke Energy Indiana’s RS TOU (Tariff No. 6.5) plan when charging starts at its cheapest hour (1 am), against about $153 of gasoline for a 25.5 mpg car.
When is electricity cheapest in Carmel?
Only on a time-of-use plan does the hour matter. On Duke Energy Indiana’s RS TOU (Tariff No. 6.5), summer weekday prices are highest in these windows: RS TOU (Tariff No. 6.5): Mid-peak 12 am–1 am, Mid-peak 5 am–6 pm, Peak 6 pm–10 pm, Mid-peak 10 pm–12 am. Running dishwashers, laundry and EV charging outside them costs less. Find the cheapest hour for an appliance.
Calculators with Duke Energy Indiana preloaded
Other cities in Indiana
Sources: population, Census Bureau Vintage 2025 estimates; city location, Census Gazetteer; service territory, Electric Retail Service Territories (HIFLD/ORNL, from EIA-861); tariffs, see the Duke Energy Indiana page.