Henry County REMC: Rates and Coverage Area

Henry County REMC

Electricity Rates, Plans & Statistics

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About Henry County REMC

Henry County REMC is an electric cooperative serving Indiana, including cities like New Castle, Spiceland, Kennard, Sulphur Springs, and Mount Summit. On recent government reports, the supplier disclosed a total of 9,125 electricity customers. This total is made up of 0.05% industrial accounts, 1.82% commercial customers and 98.13% residential accounts. On average, Henry County REMC's residential electricity rate is 13.93 cents per kilowatt hour, which is 3.64% less than the average Indiana price of 14.46 cents. They had sales of 192,714 megawatt hours in 2019 sold to end users. During the same timeframe, Henry County REMC obtained 201,844 megawatt hours through wholesale channels. Henry County REMC made $23,867,000 in 2019, which they earned entirely from sales to retail customers.

The state average monthly residential power bill is $126.04, while the Henry County REMC average is 38.18% higher at $177.87 per month. Henry County REMC ranks 111th in the state for average monthly bill total. Electricity generation is not part of the Henry County REMC business model, as they purchase electricity at wholesale rates to then be resold to their consumers.

Henry County REMC Net Metering

Henry County REMC is one of 55 electric suppliers in the state who offer net metering to their customers. Installation of solar panels and other electricity sources is often too expensive for individuals. Net metering allows purchasers of these electricity sources to sell unused kilowatt hours back to the grid, making the installation of these alternative sources economically feasible.

Henry County REMC Rate & Electric Bills

Henry County REMC residential electric rates are highest in January and the highest average bill is in February.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.163/kWh$0.116/kWh$254.44/mo.$123.02/mo.
1676th13.93¢Henry County REMC's Average residential price per kWh
2705th$177.87Average monthly electricity bill for Henry County REMC's residential customers

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Henry County REMC Overview

  • Company Type:Cooperative
  • Headquarters:3400 South State Road 3
    New Castle, Indiana 47362
    United States of America
  • CEO:Melissa True

Henry County REMC Contact

Henry County REMC Service

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Henry County REMC Coverage Map

Coverage Map Placeholder

Henry County REMC State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State

Henry County REMC County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Delaware County112,031315.93$136.78/mo
Fayette County23,393413.90$153.37/mo
Henry County48,857913.80$165.45/mo
Madison County131,744714.60$127.44/mo
Wayne County66,273713.27$142.52/mo

Cities Henry County REMC Has Coverage

  • Blountsville, IN
  • Cadiz, IN
  • Kennard, IN
  • Lewisville, IN
  • Losantville, IN
  • Mount Summit, IN
  • New Castle, IN
  • Spiceland, IN
  • Sulphur Springs, IN

* City coverage generated based on government data. Always verify you can get service from the provider.

Henry County REMC Reviews

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Henry County REMC FAQ:

What cities does Henry County REMC sell electricity in?

Henry County REMC supplies in 9 cities.

What is the average bundled bill for Henry County REMC customers each month?

Customers of Henry County REMC pay, on average, a monthly bundled bill of $177.87.

Who is the CEO of Henry County REMC?

The CEO of Henry County REMC is Melissa True.

What is the phone number for Henry County REMC?

Henry County REMC's customer service phone number is (800) 248-8413

How many counties does Henry County REMC provider electricity in?

There are 5 counties that receive at least some electricity coverage by Henry County REMC including Indiana.

What is the average bundled electricity rate for Henry County REMC customers?

The average bundled price of electricity for customers of Henry County REMC is 13.93 cents per kilowatt hour (¢/kWh).

Nick Reese
Last Reviewed By: Nick Reese
Published: 2024-03-29