Indiana's Electricity Rates: All Is Not Lost.

In the fall, during the Outlook Panel presentations that the Kelley School of Business conducted across the state, these bleak findings related to Indiana's coal dependency, the Clean Power Plan and the negative trends in electricity rates in the state over the last 10 years were presented. Several industry executives replied in order to refine the perceptions about Indiana's electricity costs, lest the average reader conclude that all hope is lost.

The Indiana Manufacturer's Association (IMA) does concede that Indiana's advantage in electricity costs has eroded. In 2003, the state ranked as the fifth lowest retail price for electricity in the country. But, the good news is that electricity costs in 2015 were lower than in 2014. (1) Among the Great Lakes states plus Kentucky, Indiana's electricity rates have increased at the second slowest rate since January 2012. Finally, while no longer the fifth lowest...