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July 28, 2026
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 min read

Indiana Electric Rate Increases: The $83 Bill Surge, a Fourth IURC Appointee, and $9.1M in Apprenticeship Grants

Indiana electric rate increases are now running through three utilities at once — NIPSCO, AES Indiana, and CenterPoint — while the commission that decides every one of those cases just seated its fourth new member since December. On July 23, Gov. Mike Braun also announced $9.1 million in federal apprenticeship grants that route through Local Workforce Boards rather than individual plants. If you operate a facility in Indiana, both stories land on your budget: one on your all-in cost of power, the other on whether you have a seat at the table when workforce dollars get allocated.

Indiana Electric Rate Increases Are a Three-Utility Problem, Not a Gary Story

A July 15 public forum in Gary put a number on what NIPSCO customers have already absorbed: the monthly bill for a residential benchmark of 1,000 kilowatt-hours rose by $83 between 2023 and 2025, with monthly natural gas bills up roughly $36. Citizens Action Coalition Executive Director Kerwin Olson pointed to NIPSCO's arrangement tied to Amazon's New Carlisle data center campus, which NIPSCO says will return $1 billion in credits to ratepayers; the Coalition argues the figure would be closer to $3.5 billion if Amazon paid transmission rates comparable to other large industrial customers.

That transmission cost allocation question is the live fight, and it is statewide. AES Indiana is pursuing roughly $21 more per month per 1,000 kilowatt-hours by 2027 in its pending case. CenterPoint customers in Evansville have already taken a 25% increase. The IURC has opened a formal investigation into tracker charges — the cost-recovery mechanisms utilities use outside standard rate cases — and that outcome will govern cost-recovery authority on every pending data center power contract in the state. If you have not modeled combined exposure across all three cases, that is this week's work.

Braun Names Jerrells to the IURC — Fourth Appointment Since December

On July 22, Braun appointed Joby Jerrells, chief counsel of the Advisory Division at the Indiana Attorney General's office, to the seat vacated by Commissioner David Veleta. Veleta resigned effective end of August after voting for the 3-2 approval of a $71 million AES Indiana rate increase in June. Braun now holds four of five seats on the commission.

The procedural detail worth tracking: Chairman Anthony Swinger has recused himself from the AES rehearing over prior work at the Office of Utility Consumer Counselor, and the nominating committee explicitly sought a licensed attorney who would not need to recuse. Before that committee, Jerrells described the IURC as being "at a crossroads," suggested the commission could propose a rule defining "affordability" — a term not currently in statute — and called small modular reactors an "exciting" opportunity tied to data center growth. Under Indiana's CWIP statute, utilities can charge ratepayers for SMR construction costs before any electricity is produced, and even if a project is abandoned. Braun's affordability mandate and his nuclear agenda now have to be reconciled by the same board, inside the same docket, before AES's January 2027 phase-two implementation.

$9.1M in Apprenticeship Grants Routes Through Boards and Group Sponsors

Braun's July 23 announcement combines a $4 million State Apprenticeship Expansion Formula Round 4 award — directed at advanced manufacturing group sponsors, identified by the state as the sector most underserved by apprenticeships in Indiana — and a top-end $5.1 million RESTART grant for reentry employment, with about $4.3 million flowing to regional delivery through Local Workforce Boards. Indiana Commerce Secretary Chuck Goodrich noted the state ranks second nationally in apprenticeships per capita.

The routing structure is the operational fact. Both streams flow through Local Workforce Boards and group sponsors such as INFAME and the Indiana Manufacturers Association — not to individual firms. Those entities set curriculum standards and apprentice-to-journeyworker ratios. Ascend Indiana's Advanced Industries Workforce Report, expected in August, is likely to redirect where navigator dollars are targeted.

Workforce Pell Is Behind Schedule; Workforce Ready Grant Is the Near-Term Track

As of mid-July, only three Indiana programs have cleared Workforce Pell eligibility: medical assistant certificates at Ivy Tech and Vincennes, plus an electrical maintenance bootcamp at Vincennes. Ivy Tech's VP for financial aid, Colby Shank, described finding qualifying programs as "somewhat challenging," with a realistic target of late October 2026; Vincennes' David Tucker is targeting January 2027. The federal rule counts students who continue into further education as placement failures against a 70% threshold, which puts stackable programs in tension with their own compliance metrics. If your skilled trades gap is immediate, the state's Workforce Ready Grant — covering up to $5,500 across more than 150 certification programs — is the pipeline that exists right now.

One Note on Indiana's #2 Automation Ranking

MIE Solutions' 2026 Automation Readiness Report scored Indiana 76.77, second behind Texas at 79.76. Indiana's score is driven heavily by manufacturing workforce density — 7.46% of the state's population. Texas leads while only 4.6% of its facilities run robotics, meaning the top of the list reflects digital and financial proxies more than shop-floor automation density. MIE Solutions sells production control software to the exact job shops and custom fabricators the criteria favor. Treat the ranking as a conversation starter, and benchmark your own robotics penetration against the number rather than assuming it describes you.

Questions for Your Morning Huddle

Q: How much have Indiana electric rate increases already cost, and what is still pending?
A: NIPSCO's residential benchmark bill for 1,000 kilowatt-hours rose $83 between 2023 and 2025, and CenterPoint customers have absorbed a 25% increase. AES Indiana is seeking roughly $21 more per month per 1,000 kilowatt-hours by 2027, so model your exposure against all three pending cases resolving in the utilities' favor.

Q: What does Gov. Braun's fourth IURC appointment mean for the AES Indiana rate case?
A: Joby Jerrells fills the seat vacated by Commissioner David Veleta, giving Braun four of five seats on the commission that decides every Indiana rate case. With Chairman Anthony Swinger recused from the AES rehearing, the reconstituted board has a procedural path to reduce or restructure the January 2027 phase-two implementation.

Q: Can my facility access the new $9.1 million in Indiana apprenticeship funding directly?
A: No. Both the $4 million SAEF4 award and the $5.1 million RESTART grant route through Local Workforce Boards and group sponsors such as INFAME and the Indiana Manufacturers Association, not individual firms. If you are not already engaged with your Local Workforce Board, you have no input on how the navigator dollars get targeted.

Where to Go Next

Rate cases, tracker dockets, and long-term power agreements are all being decided by a commission whose composition changed four times in seven months. The operators who come out of this cycle in good shape will be the ones who know their own load profile and cost structure well enough to model what a contested outcome does to their all-in cost per kilowatt-hour. If you want a structured way to work through that, start with the TEG Energy Decision Blueprint.

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