Henry County REMC
Electricity Rates, Plans & Statistics
High Power Bills?
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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 9,658 electricity customers. This total is made up of 0.06% industrial accounts, 1.78% commercial customers and 98.16% residential accounts. On average, Henry County REMC's residential electricity rate is 13.80 cents per kilowatt hour, which is 6.45% less than the average Indiana price of 14.75 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 $127.89, while the Henry County REMC average is 43.07% higher at $185.04 per month. Henry County REMC ranks 111th in the state for average monthly bill total. Electricity generation is not part of the Henry County REMC business model, as they purchase electricity at wholesale rates to then be resold to their consumers.
Henry County REMC is one of 55 electric suppliers in the state who offer net metering to their customers. Installation of solar panels and other electricity sources is often too expensive for individuals. Net metering allows purchasers of these electricity sources to sell unused kilowatt hours back to the grid, making the installation of these alternative sources economically feasible.
Henry County REMC Rate & Electric Bills
Henry County REMC residential electric rates are highest in January and the highest average bill is in May.
Historical Electricity Rates:
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Henry County REMC Overview
- Company Type:Cooperative
- Headquarters:3400 South State Road 3
New Castle, Indiana 47362
United States of America - CEO:Melissa True
Henry County REMC Contact
- Website:www.hcremc.com
- Customer Service Phone:(800) 248-8413
- Contact Page:www.hcremc.com
- Social Media:
Henry County REMC Service
- Rates & Plans:www.hcremc.com
- Outage Map:outages.hcremc.com
- Outage Phone:(800) 248-8413
- States Served:
- Indiana
- Counties Served:
- Madison County
- Delaware County
- Wayne County
- Henry County
- Fayette County
- Major Cities Served:
- New Castle
- Spiceland
- Kennard
- Sulphur Springs
- Mount Summit
- Lewisville
- Cadiz
- Losantville
- Blountsville
- Table Of Contents:
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Henry County REMC Coverage Map
Henry County REMC State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Indiana | 9,658 | 26,218,000 | 48 | 100% |
Henry County REMC County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Delaware County | 112,031 | 3 | 16.04 | $138.44/mo |
| Fayette County | 23,393 | 4 | 13.95 | $158.50/mo |
| Henry County | 48,857 | 9 | 13.79 | $171.48/mo |
| Madison County | 131,744 | 7 | 14.70 | $129.78/mo |
| Wayne County | 66,273 | 7 | 13.28 | $147.55/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 $185.04.
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 13.80 cents per kilowatt hour (¢/kWh).
