Accelerating Clean Energy Development in Indiana to Help Lower Consumer Costs

Building more in-state clean energy resources can be a powerful tool in the fight for energy affordability in Indiana. Similar to other states, Indiana consumers’ utility bills continue to rise in part due to the demand for electricity outpacing available supply. A new report from Advanced Energy United, produced by Synapse Energy Economics, offers a step Indiana can take; accelerating the deployment of advanced energy resources would save Indiana consumers $3.6 billion by 2035.

The study evaluated the potential for household energy bill savings should the state take steps to accelerate the build-out of clean energy generation. Doing so would translate into average cumulative residential bill savings of $90-$410 per customer over the modeled period, depending on where in Indiana the customer lives. 

Indiana residential customers served by investor-owned utilities saw average bill increases of 18% from 2024 to 2025; Hoosiers paid $28 more per month on average in 2025 than 2024. Moving forward, Indiana’s annual energy demand is projected to more than double by 2035. Without policy action to reduce the regulatory barriers and risks that stall new construction, a powerful tool to combat the affordability crisis in Indiana will be left on the table.  

Wind, solar, and battery storage are the quickest and most affordable energy resources to deploy, sending critical power supply to the Indiana grid during this time of high demand. Indiana decision-makers can take steps to attract companies to the state to build the power generation facilities that will help stem the trend of rising utility bills. 

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