Indiana energy profile

Manufacturing energy costs in Indiana

As of Jul 2026, industrial electricity in Indiana runs 9.16 cents per kWh. That is 6.2% cheaper than the U.S. average and places the state 21 of 51 nationally.

Current prices in Indiana

  • Industrial electricity: 9.16 cents per kWh (Jul 2026, EIA).
  • Commercial electricity, the rate a warehouse or distribution center in Indiana typically pays: 13.3 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 8.92, Idaho at 9.02, Utah at 9.1 cents. Just above: Florida at 9.17, Arizona at 9.35, Colorado at 9.54 cents.

What the rate does to operating cost

  • A 10 kW machine running a 4,000 hour year costs about 3,664 in electricity at Indiana rates versus 3,908 at the national average; at 50 kW the gap is 18,320 versus 19,540, and at 200 kW it is 73,280 versus 78,160.
  • 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 Aug 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 2026-09-24.