Parke County REMC

About Parke County REMC

Parke County REMC provides electricity to 6 counties and is considered an electric cooperative. A total of 63 industrial customers, 56 commercial accounts and 12,378 residential customer accounts are supplied electricity by the provider. Parke County REMC's consumers are billed an average residential electricity rate of 15.37 cents per kilowatt hour. Unfortunately, this is 4.20% more than Indiana's average rate of 14.75 cents. They had sales of 184,041 megawatt hours in 2019 sold to end users. The electricity sourced by the company is made up primarily of megawatt hours they purchased by way of wholesale channels. Of the total electricity sourced whole purchased made up 100.00%. In 2019, they made a total of $25,252,400 from business activities relating to the sale and transfer of electricity. They had revenue of $25,070,000 from retail sales to end users.

Customers of the supplier have an average monthly residential electric bill of $162.13. This is 25.80% higher than the Indiana average of $127.89. The company is not associated with any electricity production plants and all of the electricity that they sell to their consumers must be purchased from other companies.