State Energy Guide

Indiana Commercial Energy & Utility Guide

Commercial electricity and gas rates, energy market structure, regulations, and utility providers for property managers operating in Indiana.

Energy Market Overview

Regulated MarketIN

Indiana has a regulated electricity market with no retail choice for commercial customers. Major utilities include AES Indiana (formerly IPL), Duke Energy Indiana, Indiana Michigan Power (AEP subsidiary), and CenterPoint Energy Indiana. The Indiana Utility Regulatory Commission (IURC) oversees rate cases and utility operations.

What this means for property managers:

In Indiana's regulated market, your utility provides both generation and distribution at rates set by the state public utility commission. While you cannot choose your electricity supplier, you can optimize costs through rate schedule analysis, demand management, and participation in utility efficiency programs.

Regulated Market

Rates are set by the public utility commission. No supplier choice available.

Average Commercial Energy Rates

$0.12Avg. Commercial Electric
$0.90Avg. Commercial Gas

Rising

Moderate rate increases driven by coal plant retirements and replacement generation costs. AES Indiana and Duke Energy both filing for rate adjustments tied to clean energy transition investments.

Energy Regulations & Benchmarking

No Statewide Benchmarking

Indiana has no statewide energy benchmarking or building performance mandates. The state takes a conservative approach to energy regulation, prioritizing affordable and reliable electricity for commercial and industrial customers. Indianapolis has adopted its own sustainability goals but has not enacted mandatory benchmarking.

Cities in Indiana

Utility Providers in Indiana

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