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. Recently filed reports by the company showed a total customer base of 34,769 customers. Exactly 34,203 are residential customers, 556 are commercial customers and 10 are industrial accounts. Consumers of South Central Indiana REMC pay an average residential electricity rate of 15.27 cents per kilowatt hour. This is 2.33% below the US average price of 15.64 cents, resulting in the company ranking 2332nd lowest for average electricity price out of 2893 companies in the US. Of the 623,995 megawatt hours the supplier sold and dispossessed, 95.88% were via retail sales. Of the megawatt hours they sourced, 623,995 megawatt hours were procured on the wholesale electricity market. In 2022, the supplier had revenue of $84,168,000 from retail electricity sales to end users.

Consumers of the supplier have an average monthly residential power bill of $172.17. This is 33.37% more than the Indiana average of $127.89. 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.

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 4.12% 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 31st best out of 111 providers who report energy loss in the state and 652nd best out of 3517 in the nation.

South Central Indiana REMC Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.156/kWh$0.151/kWh$181.16/mo.$163.60/mo.
2332nd15.27¢South Central Indiana REMC's Average residential price per kWh
2655th$172.17Average 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.

-4.12%

Total Energy Loss

25,704MWh

652 National Rank

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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
Indiana34,76984,168,00016100%

South Central Indiana REMC County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Brown County15,444314.51$167.14/mo
Johnson County165,782613.20$140.14/mo
Monroe County139,745414.57$154.11/mo
Morgan County72,236514.56$156.43/mo
Owen County21,280315.01$167.30/mo
Putnam County36,838614.21$153.04/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?

You can reach South Central Indiana REMC by phone via (800) 264-7362.

How many counties does South Central Indiana REMC provider electricity in?

There are 6 counties that receive at least some electricity coverage by South Central Indiana REMC including Indiana.

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 $172.17. The state average bundled bill is $127.89 and the national average is $127.89.

What cities does South Central Indiana REMC have customers in in?

South Central Indiana REMC provides electricity to 10 cities in the US including Indiana.

Who is the CEO of South Central Indiana REMC?

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

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

The average bundled rate of electricity for consumers of South Central Indiana REMC is 15.27 cents per kilowatt hour (¢/kWh).

Nick Reese
Last Reviewed By: Nick Reese
Published: 2024-04-09