Daviess-Martin County REMC
Electricity Rates, Plans & Statistics
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About Daviess-Martin County REMC
Daviess-Martin County REMC is an electricity cooperative headquartered in Loogootee, Indiana and serving customers in Indiana including in cities such as Montgomery, Shoals, Plainville, Cannelburg, and Williams CDP. The company has a total of 8,285 customers. There are 7,700 residential accounts, 582 commercial customer accounts and 3 industrial customers. On average, Daviess-Martin County REMC charges their customers a residential electricity price of 15.50 cents per kilowatt hour. This is 1.76% lower than the US average price of 15.77 cents, ranking the company at 2130th out of 2881 companies in the country for lowest average electricity price. They had total sales and disposition of 417,831 megawatt hours in 2023, of which 406,633 megawatt hours were via retail sales. Of the megawatt hours they sourced, 417,831 megawatt hours were procured via wholesale channels. In 2023, the provider had revenue of $42,873,000 from retail electricity sales to end users.
The state average monthly residential electricity bill is $131.15, while the Daviess-Martin County REMC average is 57.27% more at $211.31 per month. Daviess-Martin County REMC ranks 108th in the state for average monthly bill total. The supplier's customers are faced with an average of 1.26 power outages per consumer each year. These outages go on for an average of 164.42 minutes, while the national average is 1.44 outages per consumer and 123.49 minutes an outage. The company currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end consumers.
Daviess-Martin County REMC is one of 56 providers in the state who offer net metering to their consumers. Net metering allows citizens to sell wattage back to their company, which makes the installation of solar panels and other alternative electricity sources more financially viable.
Loss of electricity from heat dissipation while transmitting electricity and other causes is a reality of operating in the electricity generation business. Providers must report these losses to government agencies who track electricity grid efficiencies. Daviess-Martin County REMC recently reported an annual loss of around 2.52% of the electricity that they generate. The state of Indiana has an energy loss average of 4.15% and the countrywide average is 2.43%, giving Daviess-Martin County REMC a rank of 16th best out of 111 providers reporting energy loss in the state.
Daviess-Martin County REMC Rate & Electric Bills
Daviess-Martin County REMC residential electric rates are highest in March and the highest average bill is in July.
Historical Electricity Rates:
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Daviess-Martin County REMC Overview
- Company Type:Cooperative
- Headquarters:12628 East 75 North
Loogootee, Indiana 47553
United States of America - CEO:William G. Schmidt
Daviess-Martin County REMC Contact
- Website:www.dmremc.com
- Customer Service Phone:(800) 762-7362
- Contact Page:www.dmremc.com
- Social Media:
Daviess-Martin County REMC Service
- Outage Map:www.dmremc.com
- Outage Phone:(800) 762-7362
- States Served:
- Indiana
- Counties Served:
- Lawrence County
- Daviess County
- Martin County
- Major Cities Served:
- Montgomery
- Shoals
- Plainville
- Cannelburg
- Williams CDP
- Raglesville CDP
- Dover Hill CDP
- Alfordsville
Energy Loss
Daviess-Martin County REMC's energy loss due to business operations.
Total Energy Loss
10,530MWh
406 National Rank
Grid Reliability
Length & Frequency of Daviess-Martin County REMC's Power Outages
164.42 min.
vs. national average of 123.49 min.
1.26 outages/yr
vs. national average of 1.44
Power Outages
Currently, 0 customers are being tracked in Daviess-Martin County REMC.
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Daviess-Martin County REMC Coverage Map
Daviess-Martin County REMC State Coverage
State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
---|---|---|---|---|
Indiana | 8,285 | 44,209,924.11 | 34 | 100% |
Daviess-Martin County REMC County Coverage
County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
---|---|---|---|---|
Daviess County | 33,281 | 4 | 15.31 | $201.81/mo |
Lawrence County | 45,133 | 5 | 15.07 | $173.74/mo |
Martin County | 9,885 | 4 | 15.59 | $205.29/mo |
Cities Daviess-Martin County REMC Has Coverage
- Alfordsville, IN
- Cannelburg, IN
- Montgomery, IN
- Plainville, IN
- Shoals, IN
* City coverage generated based on government data. Always verify you can get service from the provider.
Daviess-Martin County REMC Reviews
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Daviess-Martin County REMC FAQ:
How much is the average bundled bill for Daviess-Martin County REMC customers each month?
Consumers of Daviess-Martin County REMC pay, on average, a monthly bundled bill of $211.31.
When will Daviess-Martin County REMC power be restored?
Daviess-Martin County REMC's outages last, on average, about 164.418 minutes per each outage.
What is the average bundled electricity rate for Daviess-Martin County REMC customers?
Customers of Daviess-Martin County REMC, on average, have an electricity bundled rate 15.50 cents per kilowatt hour (¢/kWh).
How many counties does Daviess-Martin County REMC supply electricity in?
There are 3 counties that receive at least some electricity coverage by Daviess-Martin County REMC.
Who is the CEO of Daviess-Martin County REMC?
Daviess-Martin County REMC's CEO is William G. Schmidt.
What cities does Daviess-Martin County REMC sell electricity in?
Daviess-Martin County REMC serves 5 cities in the nation.
What is the phone number for Daviess-Martin County REMC?
You can reach Daviess-Martin County REMC by phone via (800) 762-7362.