Kankakee Valley REMC

About Kankakee Valley REMC

Kankakee Valley REMC is an electricity cooperative headquartered in Wanatah, Indiana and serving customers in Indiana including in cities such as Valparaiso, Lakes of the Four Seasons CDP, Winfield, Westville, and Knox. The company has a total of 20,845 customers. There are 18,032 residential accounts, 2,803 commercial customer accounts and 10 industrial customers. On average, Kankakee Valley REMC charges their customers a residential electricity price of 15.29 cents per kilowatt hour. This is 4.77% lower than the US average price of 16.06 cents, ranking the company at 1973rd out of 2885 companies in the country for lowest average electricity price. They had total sales and disposition of 297,420 megawatt hours in 2023, of which 288,193 megawatt hours were via retail sales. Of the megawatt hours they sourced, 297,420 megawatt hours were procured via wholesale channels. In 2023, the provider had revenue of $41,496,600 from retail electricity sales to end users.

The state average monthly residential electricity bill is $131.94, while the Kankakee Valley REMC average is 21.81% more at $162.32 per month. Kankakee Valley REMC ranks 79th in the state for average monthly bill total. Electricity generation is not part of the Kankakee Valley REMC business model, as they purchase electricity at wholesale rates from other companies and then resell to their end users.