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EnergySavings · Indiana · Comparison

AES Indiana vs Southern Indiana Gas & Elec Co: who pays less in Indiana?

Data as of: EIA-861 annual 2024 (released 2025) · EIA monthly state prices February 2026 · EIA weekly heating-fuel survey Mar 30, 2026 · retail-choice registry reviewed Jun 2026 · URDB tariffs pulled Jun 2026. Page generated 2026-06-12.

AES Indiana customers paid less: an average 13.75¢/kWh in 2024 versus 17.52¢/kWh at Southern Indiana Gas & Elec Co (EIA-861) — a gap of 3.77¢/kWh, worth about $407 per year at typical usage (10,800 kWh/yr). Their territories meet in 2 IN counties (Gibson, Pike). You cannot switch wires companies — the territory is set by your address.

Side by side (IN, EIA-861)

AES Indiana vs Southern Indiana Gas & Elec Co — residential averages from federal EIA-861 filings
MetricAES IndianaSouthern Indiana Gas & Elec Co
2024 average price, ¢/kWh13.7517.52
2023 average price, ¢/kWh13.7617.24
Annual cost at 10,800 kWh, $/yr$1,485$1,892
Residential customers (2024)469,499133,795
OwnershipInvestor-ownedInvestor-owned
Counties served in IN207

Average price = residential revenue ÷ sales (bundled service): the all-in price customers actually paid, including supply, delivery and riders. Profiles: AES Indiana · Southern Indiana Gas & Elec Co · Indiana overview.

Where the territories meet

Both utilities file EIA-861 service territory in: Gibson · Pike counties (IN, 2024).

Adjoining or overlapping territory in a county does not mean households there can pick between the two — service maps are parcel-level and fixed. The county overlap mainly matters when choosing where to live or comparing town-level costs.

Can you actually choose between them?

No — not for delivery. Distribution territories are exclusive and set by address; AES Indiana and Southern Indiana Gas & Elec Co do not compete for the same meters. Indiana is a regulated retail market — there is no residential supplier shopping; rates are set in utility-commission proceedings (in.gov/iurc). The price gap above mainly matters when choosing where to live, comparing towns, or benchmarking your bill.

Questions people ask

Is AES Indiana cheaper than Southern Indiana Gas & Elec Co?
Yes — in 2024 AES Indiana customers averaged 13.75 cents/kWh versus 17.52 for Southern Indiana Gas & Elec Co (EIA-861). AES Indiana was cheaper by 3.77 cents, about $407 per year at 10,800 kWh.
Can I switch from Southern Indiana Gas & Elec Co to AES Indiana?
No — distribution territories are exclusive and set by address; you cannot pick between the two wires companies. Indiana has no residential supplier shopping either; rates are set in utility-commission proceedings.
Why is Southern Indiana Gas & Elec Co more expensive than AES Indiana?
EIA-861 averages reflect everything customers actually paid — supply costs, delivery rates, riders, and surcharges across each territory. Differences in generation mix, grid investment, storm costs, and customer density between Southern Indiana Gas & Elec and AES Indiana territory all feed the 3.77-cent gap.
About these numbers. Rates shown are averages computed from federal regulatory filings (EIA Form 861) and public tariff databases — confirm with your utility before making decisions; your actual rate depends on your tariff, usage, and riders. Distribution utility is determined by address and generally cannot be chosen; in retail-choice states you may choose your supplier for the supply portion of the bill. Savings figures use 10,800 kWh/yr (US average residential usage) and are estimates, not quotes. EnergySavings is an independent data project by CertiHomes and is not affiliated with any utility, supplier, or government agency.