Indiana energy profile

Manufacturing energy costs in Indiana

As of Apr 2026, industrial electricity in Indiana runs 8.86 cents per kWh. That is 2.3% more expensive than the U.S. average and places the state 29 of 51 nationally.

Current prices in Indiana

  • Industrial electricity: 8.86 cents per kWh (Apr 2026, EIA).
  • Commercial electricity, the rate a warehouse or distribution center in Indiana typically pays: 13.78 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: Wyoming at 8.75, Wisconsin at 8.84, West Virginia at 8.84 cents. Just above: Michigan at 8.95, South Dakota at 9.15, Florida at 9.23 cents.

What the rate does to operating cost

  • A 10 kW machine running a 4,000 hour year costs about 3,544 in electricity at Indiana rates versus 3,464 at the national average; at 50 kW the gap is 17,720 versus 17,320, and at 200 kW it is 70,880 versus 69,280.
  • 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 515,000 manufacturing workers as of May 2026 (BLS).

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.