REMC Bloomfield, Indiana: Rates and Coverage Area

REMC Bloomfield, Indiana

Electricity Rates, Plans & Statistics

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About REMC Bloomfield, Indiana

REMC Bloomfield, Indiana serves 5 cities and is classified as an electricity cooperative. A total of 19,718 customers (17 industrial properties, 1,035 commercial customers and 18,666 residential accounts) receive electricity from the provider. On average, REMC Bloomfield, Indiana's residential electricity rate is 14.71 cents per kilowatt hour, which is 3.67% lower than the average state rate of 15.27 cents. They had total sales and disposition of 350,656 megawatt hours in 2022, of which 331,897 megawatt hours were from sales to end users. The electricity sourced by the company is made up primarily of megawatt hours they acquired on the wholesale market. This category comprises 100.00% of all electricity sourced by the company. The provider earned $46,185,500 in total revenue from electricity-related activities in 2022 through sales to retail end-users alone.

The US average monthly residential electricity bill is $133.26, while the REMC Bloomfield, Indiana average is 24.04% more at $165.3 per month. REMC Bloomfield, Indiana is the 2565th ranked provider in the US for average monthly bill amount. The provider currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other providers and then resell it to end consumers.

REMC Bloomfield, Indiana Net Metering

Customers of REMC Bloomfield, Indiana are able to participate in net metering solutions, which is a positive for both parties. Installation of solar panels and other electricity sources is often prohibitively priced for people. Net metering allows purchasers of these electricity sources to sell excess wattage back into the grid, making the installation of these alternative sources economically viable.

Energy Loss

REMC Bloomfield, Indiana reports energy loss of 5.18% of their total generation due to heat dissipation and other causes. This percentage of energy lost earns them a rank of 930th best out of 3510 companies who report energy loss in the United States.

REMC Bloomfield, Indiana Rate & Electric Bills

REMC Bloomfield, Indiana residential electric rates are highest in January and the highest average bill is in April.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.156/kWh$0.142/kWh$172.05/mo.$156.18/mo.
2192nd14.71¢REMC Bloomfield, Indiana's Average residential price per kWh
2565th$165.3Average monthly electricity bill for REMC Bloomfield, Indiana's residential customers

REMC Bloomfield, Indiana Overview

  • Company Type:Cooperative
  • Headquarters:1666 West State Road 54
    Bloomfield, Indiana 47424
    United States of America
  • CEO:Doug Childs

REMC Bloomfield, Indiana Contact

REMC Bloomfield, Indiana Service

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Energy Loss

REMC Bloomfield, Indiana's energy loss due to business operations.

-5.18%

Total Energy Loss

18,177MWh

930 National Rank

REMC Bloomfield, Indiana Coverage Map

Coverage Map Placeholder

REMC Bloomfield, Indiana State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Indiana19,71846,185,50032100%

REMC Bloomfield, Indiana County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Clay County26,397314.96$157.98/mo
Daviess County33,281413.69$174.54/mo
Greene County30,924414.63$161.37/mo
Lawrence County45,133514.37$160.76/mo
Martin County9,885413.90$177.53/mo
Monroe County139,745415.10$159.25/mo
Owen County21,280315.09$168.09/mo
Putnam County36,838614.50$155.86/mo

Cities REMC Bloomfield, Indiana Has Coverage

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

REMC Bloomfield, Indiana Reviews

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REMC Bloomfield, Indiana FAQ:

What is the average bundled bill for REMC Bloomfield, Indiana customers each month?

REMC Bloomfield, Indiana currently has an average monthly bundled electric bill of $165.30, compared to the Indiana average of $133.71 and the national of $133.71 for bundled service.

How many counties does REMC Bloomfield, Indiana have customers in in?

There are 8 counties that receive at least some electricity coverage by REMC Bloomfield, Indiana.

What is the phone number for REMC Bloomfield, Indiana?

The REMC Bloomfield, Indiana phone number is (812) 384-4446.

Who is the CEO of REMC Bloomfield, Indiana?

Doug Childs is the CEO of REMC Bloomfield, Indiana.

What is the average bundled electricity rate for REMC Bloomfield, Indiana customers?

The average bundled price of electricity for consumers of REMC Bloomfield, Indiana is 14.71 cents per kilowatt hour (¢/kWh).

What cities does REMC Bloomfield, Indiana sell electricity in?

REMC Bloomfield, Indiana supplies in 5 cities in the country.

Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2023-12-06