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 6 cities and is classified as an electricity cooperative. Patrons of REMC Bloomfield, Indiana pay an average residential electricity rate of 14.78 cents per kilowatt hour, which is 3.49% higher than the average state price of 14.28 cents. There were a total of 331,897 megawatt hours sold to retail accounts in 2022 by the provider. The electricity sourced by the provider primarily came from megawatt hours that they purchased via wholesale channels. They purchased 350,656 wholesale megawatt hours. The provider made $46,185,500 in 2022, which they earned entirely from retail sales.

The US average monthly residential electricity bill is $137.33, while the REMC Bloomfield, Indiana average is 16.31% more at $159.73 per month. REMC Bloomfield, Indiana is the 2410th ranked provider in the US for average monthly bill amount. The power grid managed by the company has an average of 2.96 outages per consumer each year, with outages lasting an average of 346.54 minutes. The nationwide average for other companies is 1.45 outages per customer and 171.11 minutes an outage. The supplier currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates from other providers and then resell it at a higher rate to end users.

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 3529 companies who report energy loss in the United States.

REMC Bloomfield, Indiana Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.169/kWh$0.130/kWh$215.41/mo.$121.28/mo.
1950th14.78¢REMC Bloomfield, Indiana's Average residential price per kWh
2410th$159.73Average monthly electricity bill for REMC Bloomfield, Indiana's residential customers

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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

Energy Loss

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

-5.18%

Total Energy Loss

18,177MWh

930 National Rank

Grid Reliability

Length & Frequency of REMC Bloomfield, Indiana's Power Outages

346.54 min.

vs. national average of 171.11 min.

2.96 outages/yr

vs. national average of 1.45

Power Outages

Currently, 0 customers are being tracked in REMC Bloomfield, Indiana.

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Customers Out:

0

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REMC Bloomfield, Indiana Coverage Map

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REMC Bloomfield, Indiana State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Indiana18,72542,151,181.2631100%

REMC Bloomfield, Indiana County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Clay County26,397314.26$147.95/mo
Daviess County33,281413.63$168.18/mo
Greene County30,924314.57$156.45/mo
Lawrence County45,133513.56$149.87/mo
Martin County9,885413.86$171.25/mo
Monroe County139,745414.21$147.86/mo
Owen County21,280314.96$161.51/mo
Putnam County36,838614.01$147.31/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?

Currently, the average monthly bundled electric bill for customers of REMC Bloomfield, Indiana is $159.73. The state average bundled bill is $125.55 and the US average is $125.55.

What is the phone number for REMC Bloomfield, Indiana?

REMC Bloomfield, Indiana's customer service phone number is (812) 384-4446

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

The average bundled rate of electricity for consumers of REMC Bloomfield, Indiana is 14.78 cents per kilowatt hour (¢/kWh).

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

REMC Bloomfield, Indiana sells electricity to customers in 8 counties.

When will REMC Bloomfield, Indiana power be restored?

Average outage times for REMC Bloomfield, Indiana are around 346.54 minutes per outage.

Who is the CEO of REMC Bloomfield, Indiana?

Doug Childs is the CEO of REMC Bloomfield, Indiana.

What cities does REMC Bloomfield, Indiana have customers in in?

REMC Bloomfield, Indiana serves electricity in 6 cities.

Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-07-02