EV Charging Costs in Indiana
At 14.16¢/kWh, Indiana is 12% below the national average (16.11¢/kWh). Ranked number 31 cheapest out of 51.
State rate locked at 14.2¢/kWh (EIA residential average).
YOU SAVE$1,145/year
In Indiana, versus a 28 MPG gas car at $3.50/gal. Over 5 years, that is $5,723.
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What the rate means for you
Indiana's residential electricity rate of 14.16¢/kWh is 12% below the national average. For a typical EV owner driving 35 miles per day, this translates to about $37.17 per month in charging costs, or $446.04 annually. Compared to fueling a 28 MPG gas car at $3.50 per gallon, you save $1,129 per year.
At $0.035 per mile for electricity versus $0.125 per mile for gas, driving electric in Indiana costs 72% less per mile. Over 5 years of typical driving (12,775 miles per year), that adds up to $5,645 in fuel savings alone, before accounting for reduced maintenance costs.
A full charge on a Tesla Model 3 (60 kWh battery, 272 miles of range) costs $8.50 in Indiana. Most daily charging sessions only use 20 to 40 percent of the battery, so a typical overnight charge costs $2.55 to $3.40.
Frequently asked
At Indiana's average residential rate of 14.16¢/kWh, charging a Tesla Model 3 (60 kWh battery) from empty costs $8.50. For a typical driver covering 35 miles per day, monthly charging costs are about $37.17.