About Tipmont REMC

With their main offices in Linden, Indiana, Tipmont REMC offers electricity services 25 cities in Tippecanoe County, Indiana. Electricity suppliers must regularly report their customer counts to government agencies. In the most recent report the supplier reported a total of 28,392 customers receiving their services. Around 92.98% of these are residential accounts, 7.01% are commercial customers and 0.02% are industrial accounts. On average, Tipmont REMC's patrons purchase residential electricity for 14.12 cents per kilowatt hour, which is, regrettably, 6.46% more than the average US price of 13.26 cents. A total of 516,992 megawatt hours were sold through retail sales in 2020 by the company. The megawatt hours sourced by the supplier primarily came from megawatt hours that they purchased by way of wholesale channels. They purchased 538,809 on the wholesale market. In 2020, they made a total of $66,205,100 from business activities relating to the sale and transfer of electricity. They had revenue of $65,620,400 from retail sales to end users.

Customers of the supplier have an average monthly residential electricity bill of $144.09. This is 22.19% above the US average bill of $117.93. Electricity generation is not handled in house at the company, as they purchase power at wholesale rates from other companies and then resell to their consumers.

Tipmont REMC Net Metering

Offering net metering to consumers is a win-win situation for Tipmont REMC and any individuals who get their electricity from the company. This is a positive for any consumer considering installing personal solar panels, as net metering allows them to sell their unneeded electricity back to their electricity supplier.

Energy Loss

Energy loss is part of the process when dealing with electricity transmission. Tipmont REMC currently averages a loss of approximately 3.87% of the electricity they transmit. The state of Indiana has an energy loss average of 3.71% and the countrywide average is 2.76%, resulting in Tipmont REMC receiving a rank of 599th best out of 3510 suppliers reporting energy loss in the US.

Tipmont REMC Rate & Electric Bills

Tipmont REMC residential electric rates are highest in January and the highest average bill is in December.

Historical Electric Rates:

Price Per kWHAverage Bill$0.141/kWh$0.134/kWh$144.36/mo.$133.39/mo.
2347th14.12¢Tipmont REMC's Average residential price per kWh
2508th$144.09Average monthly electric bill for Tipmont REMC's residential customers

Tipmont REMC Overview

  • Company Type:Cooperative
  • Headquarters:403 South Main Street
    Linden, Indiana 47955
    United States of America
  • CEO:Ron Holcomb

Tipmont REMC Contact

Tipmont REMC Service

Energy Loss

Tipmont REMC's energy loss due to business operations.

-3.87%

Total Energy Loss

20,848MWh

599 National Rank

Tipmont REMC Coverage Map

Coverage Map Placeholder

Tipmont REMC State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Indiana28,39265,620,40019100%

Tipmont REMC County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Clinton County32,399513.02$136.27/mo
Fountain County16,346312.66$117.22/mo
Montgomery County38,3381011.70$116.71/mo
Tippecanoe County195,732413.36$136.35/mo

Cities Tipmont REMC Has Coverage

  • Attica, IN
  • Battle Ground, IN
  • Clarks Hill, IN
  • Colfax, IN
  • Covington, IN
  • Crawfordsville, IN
  • Darlington, IN
  • Dayton, IN
  • Frankfort, IN
  • Hillsboro, IN
  • Kingman, IN
  • Lafayette, IN
  • Linden, IN
  • Mellott, IN
  • Mulberry, IN
  • New Richmond, IN
  • Newtown, IN
  • Otterbein, IN
  • Rossville, IN
  • Shadeland, IN
  • Veedersburg, IN
  • Wallace, IN
  • Waynetown, IN
  • West Lafayette, IN
  • Wingate, IN

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

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Tipmont REMC FAQ:

How much is the average bundled bill for Tipmont REMC customers each month?

Currently, the average monthly bundled electric bill for customers of Tipmont REMC is $144.09. The Indiana average bundled bill is $123.54 and the United States average is $123.54.

What cities does Tipmont REMC sell electricity in?

Tipmont REMC serves 25 cities.

Who is the CEO of Tipmont REMC?

Tipmont REMC’s CEO is Ron Holcomb.

How many counties does Tipmont REMC have customers in to?

Tipmont REMC sells electricity to customers in 4 counties.

What is the average bundled electricity rate for Tipmont REMC customers?

The average bundled rate of electricity for customers of Tipmont REMC is 14.12 cents per kilowatt hour (¢/kWh).

What is the phone number for Tipmont REMC?

The Tipmont REMC phone number is (800) 726-3953.

Last Reviewed By: King Manalo
Published: 2021-03-16Last Updated: 2022-01-10