October 8, 2026 · Jasper · Warrick · NIPSCO · IM AEP
Indiana Industrial Property Tax Increase Hits 25.8% as Nuclear Ready Program Opens and NIPSCO's Schahfer Fight Escalates
Indiana industrial assessed values jumped 25.8% in 2026. See what that means for your 2027 tax bill, plus NIPSCO, nuclear, and workforce news.
Indiana's industrial property tax increase for 2027 is already locked in by a 25.8% jump in industrial assessed value for 2026, the sharpest one-year increase of any property class in the state, well ahead of the 9.7% statewide average. That number lands the same week Indiana opened applications for counties chasing nuclear development dollars and a Northwest Indiana congressman introduced a bill aimed at the federal orders keeping NIPSCO's coal units running past retirement. None of these three stories are small, and a fourth, on workforce pipelines out of the Indiana Department of Correction, deserves a spot at your table too.
01Statewide
Indiana Opens Nuclear Ready Communities Program Without the Money Texas and Tennessee Put Up
The Indiana Office of Energy Development opened online applications this week for the Advanced Nuclear Ready Communities Program, letting any county, city or township apply for one of three tiered designations tied to small modular reactor readiness. Any Indiana county can apply through the state's AccessGov portal, and the program offers a toolkit, templates and a Nuclear 101 presentation rather than direct funding.
- For the huddle
- Has our county or region engaged OED's toolkit yet, and if not, are we ceding first-mover advantage to communities already in talks with FANCO or I&M for a reactor site?
SourcesApplications available for Indiana’s Advanced Nuclear Ready Communities Program (readthereporter.com)
02Statewide
Indiana Industrial Property Tax Increase Hits 25.8%, IMA Warns of Bigger Burden Ahead
Indiana Manufacturers Association President and CEO Andrew Berger published a warning in late September that industrial assessed value rose 25.8% statewide for 2026, compared with 7.3% for residential and 15.0% for commercial. Berger attributes part of the jump to DLGF's first update to construction cost tables in four years, factoring in four years of labor and materials inflation at once.
- For the huddle
- Have we modeled our 2027 property tax bill against DLGF's new cost tables, and should we be budgeting now for a formal assessment appeal through our county assessor or a provider like JM Tax Advocates?
SourcesAndrew Berger: Assessed value increases hitting businesses, too (dailyjournal.net)
03Jasper · Warrick
Rep. Mrvan Targets DOE Orders Keeping NIPSCO's Schahfer Coal Units Online in Wheatfield
U.S. Rep. Frank Mrvan (D-Highland) introduced H.R. 10687 on October 2, aimed at the Department of Energy's use of emergency authority to keep NIPSCO's Units 17 and 18 at the Schahfer Generating Station in Wheatfield, Jasper County, and CenterPoint Energy's Unit 2 at the Culley plant in Warrick County running past their 2025 retirement dates.
- For the huddle
- If we're on NIPSCO's system, have we separated how much of our current rate pressure comes from Schahfer compliance costs today versus the gas-plant capital recovery charges likely to arrive in 2027-2028?
SourcesU.S. Rep. Mrvan introduces legislation against federal power plant orders (chicagotribune.com)
04Statewide
Braun Touts IDOC Vocational Training as 3,200 Inmates Earn Manufacturing Certifications
Gov. Mike Braun's office announced October 6 that more than 3,200 inmates enrolled in vocational programs in 2025, earning 2,070 certifications through Ivy Tech's programming inside 13 Indiana Department of Correction facilities, including MSSC Certified Production Technician, welding and CNC operator credentials.
- For the huddle
- Have we reviewed whether our hiring process is 'felony-friendly' enough to absorb IDOC-certified welders and CNC operators, particularly if our plant is outside the Indianapolis metro where most reentry placement support is currently concentrated?
SourcesIndiana Gov. Braun advances workforce preparation for incarcerated Hoosiers (giant.fm)
Questions for your morning huddle
- Has our county or region engaged OED's toolkit yet, and if not, are we ceding first-mover advantage to communities already in talks with FANCO or I&M for a reactor site?
- Have we modeled our 2027 property tax bill against DLGF's new cost tables, and should we be budgeting now for a formal assessment appeal through our county assessor or a provider like JM Tax Advocates?
- If we're on NIPSCO's system, have we separated how much of our current rate pressure comes from Schahfer compliance costs today versus the gas-plant capital recovery charges likely to arrive in 2027-2028?
- Have we reviewed whether our hiring process is 'felony-friendly' enough to absorb IDOC-certified welders and CNC operators, particularly if our plant is outside the Indianapolis metro where most reentry placement support is currently concentrated?
This brief
More from Jasper County
- NIPSCO's Schahfer Coal Plant Costs Indiana Manufacturers $174,000 a Day While Plymouth Chases Innovation Dollars and Nucor Expands
- Indiana Coal Retention Costs, AES Indiana Rate Increase, and a Transmission Gap Until 2032: What Manufacturers Need to Do Now
- HEA 1002 Rate Framework Hits Indiana Manufacturers | TEG Daily September 15, 2026
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