Tipmont REMC: Rates and Coverage Area

Tipmont REMC

Electricity Rates, Plans & Statistics

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About Tipmont REMC

Tipmont REMC provides electricity for 11 cities in Indiana such as the cities of Lafayette, West Lafayette, Crawfordsville, Battle Ground, and Veedersburg. The entity is an electricity cooperative. At the time of the most recent government reports, the provider showed a total of 29,290 electricity customers. This total is made up of 27,354 residential customer accounts, 1,931 commercial customer accounts and 5 industrial properties. Tipmont REMC's patrons are billed an average residential electricity rate of 14.87 cents per kilowatt hour . This is lower than both the state and the nationwide average prices of 15.01 and 15.59 cents per kilowatt hour, respectively. Of the 577,689 megawatt hours the provider sold and dispossessed, 96.01% were from retail sales. During the same timeframe, Tipmont REMC procured 577,689 megawatt hours via wholesale electricity channels. The total revenue for Tipmont REMC for 2022 from electricity sales was $73,885,300, with 98.67% coming from retail sales to end users.

Patrons of the provider have an average monthly residential electricity bill of $151.3. This is 14.52% higher than the Indiana average bill of $131.96. Electricity production is not part of the Tipmont REMC business plan, as they purchase power at wholesale rates to then be resold to their customers.

Tipmont REMC Net Metering

Thankfully, Tipmont REMC allows their consumers to take part in net metering programs. Net metering allows private individuals to sell wattage back to their provider, making the installation of solar panels and other alternative electricity sources a cheaper endeavor.

Energy Loss

Tipmont REMC reports energy loss of 3.86% of their total generation from heat dissipation and other causes. This percentage of electricity lost earns them a rank of 27th best out of 111 companies who report energy loss in Indiana and 587th best out of 3517 in the US.

Tipmont REMC Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.149/kWh$0.134/kWh$151.30/mo.$133.39/mo.
2229th14.87¢Tipmont REMC's Average residential price per kWh
2289th$151.3Average monthly electricity bill for Tipmont REMC's residential customers

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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.

-3.86%

Total Energy Loss

22,303MWh

587 National Rank

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Tipmont REMC Coverage Map

Coverage Map Placeholder

Tipmont REMC State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Indiana29,29072,903,80018100%

Tipmont REMC County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Clinton County33,010413.64$129.18/mo
Fountain County16,422514.74$146.39/mo
Montgomery County37,9671014.54$148.86/mo
Tippecanoe County188,717414.79$148.98/mo
White County24,593514.67$151.99/mo

Cities Tipmont REMC Has Coverage

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

Tipmont REMC Reviews

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Tipmont REMC FAQ:

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

The average bundled price of electricity for consumers of Tipmont REMC is 14.87 cents per kilowatt hour (¢/kWh).

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

The average monthly bundled electric bill for customers of Tipmont REMC is $151.30. The Indiana average bundled bill is $131.96 and the nationwide average is $131.96.

Who is the CEO of Tipmont REMC?

Tipmont REMC's current CEO is Ron Holcomb.

What is the phone number for Tipmont REMC?

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

What cities does Tipmont REMC offer service to?

Tipmont REMC serves electricity in 11 cities throughout the US.

How many counties does Tipmont REMC sell electricity in?

Tipmont REMC supplies electricity in 5 counties throughout the US including Indiana.

King Manalo
Last Reviewed By: King Manalo
Published: 2023-12-06