Indiana energy profile

Manufacturing energy costs in Indiana

As of May 2026, industrial electricity in Indiana runs 9.08 cents per kWh. That is 4.2% more expensive than the U.S. average and places the state 26 of 51 nationally.

Current prices in Indiana

  • Industrial electricity: 9.08 cents per kWh (May 2026, EIA).
  • Commercial electricity, the rate a warehouse or distribution center in Indiana typically pays: 13.88 cents per kWh.
  • Indiana does not report an industrial natural gas price for the latest month; plants there should use their utility contract rate.
  • Just below Indiana on the price ladder: Oregon at 8.55, Florida at 8.99, Wisconsin at 9 cents. Just above: Wyoming at 9.12, Nebraska at 9.25, Michigan at 9.43 cents.

What the rate does to operating cost

  • A 10 kW machine running a 4,000 hour year costs about 3,632 in electricity at Indiana rates versus 3,484 at the national average; at 50 kW the gap is 18,160 versus 17,420, and at 200 kW it is 72,640 versus 69,680.
  • With rates near the national middle, Indiana plants can use U.S.-average defaults for rough estimates, then refine against the utility tariff. The bigger lever is usually consumption, not the rate.

What factory labor pays in Indiana

  • Industrial production managers: $58.41/hr median in Indiana versus $60.61 nationally (OEWS 2025).
  • Industrial engineers: $46.86/hr median in Indiana versus $49.25 nationally (OEWS 2025).
  • Production supervisors: $35.55/hr median in Indiana versus $35.79 nationally (OEWS 2025).
  • Tool and die makers: $32.72/hr median in Indiana versus $30.79 nationally (OEWS 2025).
  • Industrial machinery mechanics: $30.74/hr median in Indiana versus $31.02 nationally (OEWS 2025).
  • Machinists: $27.79/hr median in Indiana versus $28.24 nationally (OEWS 2025).
  • Indiana employs about 519,000 manufacturing workers as of Jun 2026 (BLS).

Manufacturing base in Indiana

  • Indiana has 7,938 manufacturing establishments employing about 524,995 workers (Census County Business Patterns, 2023).
  • Largest sectors by establishment count: fabricated metal products (1,751), machinery manufacturing (714), transportation equipment (626), machine shops (587), food manufacturing (571).

Sources and update cadence

  • Prices come from the U.S. Energy Information Administration and refresh automatically when the agency publishes; this page also archives each month's Indiana observation so the local price history deepens over time.

Last reviewed 2026-05-12.