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 8,409 customers. There are 7,824 residential accounts, 583 commercial customer accounts and 2 industrial customers. On average, Daviess-Martin County REMC charges their customers a residential electricity price of 13.72 cents per kilowatt hour, which is 6.96% less than Indiana's average price of 14.75 cents and 12.24% less than the US average of 15.64 cents. The supplier sold 404,106 megawatt hours through retail sales in 2022. The electricity they sourced consisted of megawatt hours that they procured by way of the wholesale electricity market. They purchased 415,409 on the wholesale market. The total revenue for Daviess-Martin County REMC for 2022 from electricity sales was $38,792,000, with 99.32% coming from retail sales to end users.
The state average monthly residential electricity bill is $127.89, while the Daviess-Martin County REMC average is 39.78% more at $180.68 per month. Daviess-Martin County REMC ranks 109th in the state for average monthly bill total. Electricity generation is not part of the Daviess-Martin County REMC business model, as they purchase electricity at wholesale rates from other companies and then resell to their end users.
Daviess-Martin County REMC is one of 55 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 2.54% of the electricity that they generate. The state of Indiana has an energy loss average of 4.25% and the countrywide average is 2.87%, giving Daviess-Martin County REMC a rank of 14th 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 January and the highest average bill is in December.
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
- Table Of Contents:
Energy Loss
Daviess-Martin County REMC's energy loss due to business operations.
Total Energy Loss
10,540MWh
291 National Rank
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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 | 8,409 | 38,530,000 | 36 | 100% |
Daviess-Martin County REMC County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Daviess County | 33,281 | 4 | 13.65 | $174.11/mo |
| Lawrence County | 45,133 | 5 | 13.89 | $156.08/mo |
| Martin County | 9,885 | 4 | 13.87 | $177.26/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 $180.68.
What is the phone number for Daviess-Martin County REMC?
Daviess-Martin County REMC's customer service phone number is (800) 762-7362
How many counties does Daviess-Martin County REMC offer service to?
There are 3 counties that receive at least some electricity coverage by Daviess-Martin County REMC.
What is the average bundled electricity rate for Daviess-Martin County REMC customers?
The average bundled rate of electricity for consumers of Daviess-Martin County REMC is 13.72 cents per kilowatt hour (¢/kWh).
Who is the CEO of Daviess-Martin County REMC?
The current CEO of Daviess-Martin County REMC is William G. Schmidt.
What cities does Daviess-Martin County REMC have customers in to?
Daviess-Martin County REMC provides electricity to 5 cities.
