South Central Indiana REMC: Rates and Coverage Area

South Central Indiana REMC

Electricity Rates, Plans & Statistics

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About South Central Indiana REMC

South Central Indiana REMC is headquartered in Martinsville, Indiana and provides electricity in 6 counties within Indiana. South Central Indiana REMC's patrons are charged an average residential electricity price of 16.83 cents per kilowatt hour . This is more than both the state and the national average prices of 15.20 and 16.22 cents per kilowatt hour, respectively. There were a total of 575,809 megawatt hours sold via retail sales in 2023 by the company. The electricity sourced was made up of megawatt hours that they purchased via the wholesale market. They purchased 605,763 wholesale megawatt hours. In 2023 the provider had total electricity related revenue of $100,797,800, with 83.46% coming from retail sales.

Consumers of the supplier have an average monthly residential power bill of $215.57. This is 52.68% more than the Indiana average of $140.04. The provider is not associated with any electricity generation plants and all of the electricity that they sell to their customers must be purchased from other providers. The grid operated by the company experiences an average of 2.44 outages per consumer each year, with outages lasting roughly 258.5 minutes. The nationwide average for other providers is 1.44 outages per customer and about 123.49 minutes an outage.

South Central Indiana REMC Net Metering

Customers of South Central Indiana REMC have the ability to take advantage of net metering. Net metering makes solar panel installation more economically viable as it allows people to sell electricity back to the grid.

Energy Loss

South Central Indiana REMC reported a yearly loss of about 4.94% of the electricity that they generate. Loss of energy due to heat dissipation during electricity transmission and other causes is part of operating in the electricity generation business and companies must report these losses. This percentage of loss results in them receiving a ranking of 42nd best out of 111 providers who report energy loss in the state and 1036th best out of 3530 in the nation.

South Central Indiana REMC Rate & Electric Bills

South Central Indiana REMC residential electric rates are highest in May and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.180/kWh$0.133/kWh$269.45/mo.$129.87/mo.
2391st16.83¢South Central Indiana REMC's Average residential price per kWh
2790th$215.57Average monthly electricity bill for South Central Indiana REMC's residential customers

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South Central Indiana REMC Overview

  • Company Type:Cooperative
  • Headquarters:300 Morton Avenue
    Martinsville, Indiana 46151
    United States of America
  • CEO:James Tanneberger

South Central Indiana REMC Contact

South Central Indiana REMC Service

Energy Loss

South Central Indiana REMC's energy loss due to business operations.

-4.94%

Total Energy Loss

29,954MWh

1036 National Rank

Grid Reliability

Length & Frequency of South Central Indiana REMC's Power Outages

258.5 min.

vs. national average of 123.49 min.

2.44 outages/yr

vs. national average of 1.44

Power Outages

Currently, 0 customers are being tracked in South Central Indiana REMC.

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Customers Out:

0

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South Central Indiana REMC Coverage Map

Coverage Map Placeholder

South Central Indiana REMC State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Indiana32,96196,092,311.0216100%

South Central Indiana REMC County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Brown County15,444316.28$203.54/mo
Johnson County165,782714.36$166.16/mo
Monroe County139,745415.54$177.80/mo
Morgan County72,236515.69$183.47/mo
Owen County21,280316.65$201.32/mo
Putnam County36,838615.83$183.55/mo

Cities South Central Indiana REMC Has Coverage

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

South Central Indiana REMC Reviews

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South Central Indiana REMC FAQ:

What is the phone number for South Central Indiana REMC?

South Central Indiana REMC's customer service phone number is (800) 264-7362

How many counties does South Central Indiana REMC have customers in in?

South Central Indiana REMC offers service to customers in 6 counties throughout the nation.

What is the average bundled electricity rate for South Central Indiana REMC customers?

South Central Indiana REMC's current average bundled electricity rate is 16.83 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 15.20 cents and the average nationwide rate of 16.22 cents.

When will South Central Indiana REMC power be restored?

The average number of minutes for an outage for South Central Indiana REMC's customers is 258.5 minutes.

Who is the CEO of South Central Indiana REMC?

The current CEO of South Central Indiana REMC is James Tanneberger.

How much is the average bundled bill for South Central Indiana REMC customers each month?

The average monthly bundled electric bill for customers of South Central Indiana REMC is $215.57. The Indiana average bundled bill is $140.04 and the US average is $140.04.

What cities does South Central Indiana REMC offer service in?

South Central Indiana REMC supplies to 10 cities in the nation.

King Manalo
Last Reviewed By: King Manalo
Published: 2024-07-03