Tipmont REMC: Rates and Coverage Area

Tipmont REMC

Electricity Rates, Plans & Statistics

High Power Bills?

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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 28,004 electricity customers. This total is made up of 25,995 residential customer accounts, 2,005 commercial customer accounts and 4 industrial properties. Tipmont REMC's patrons are billed an average residential electricity rate of 16.79 cents per kilowatt hour . This is above both the state and the nationwide average prices of 14.89 and 16.13 cents per kilowatt hour, respectively. Of the 565,168 megawatt hours the provider sold and dispossessed, 96.60% were from retail sales. During the same timeframe, Tipmont REMC procured 565,168 megawatt hours via wholesale electricity channels. The total revenue for Tipmont REMC for 2023 from electricity sales was $77,708,000, with 97.60% coming from retail sales to end users.

Patrons of the provider have an average monthly residential electricity bill of $181.77. This is 32.91% higher than the Indiana average bill of $135.28. The supplier's consumers are faced with an average of 0.75 electrical outages per customer per year. These outages are on average 176.67 minutes, while the nationwide average is 1.44 outages per consumer and 123.49 minutes each outage. The provider does not have ownership in any electricity production facilities and all of the electricity that they sell to their consumers must be purchased wholesale from other providers.

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 3.27% of their total generation from heat dissipation and other causes. This percentage of electricity lost earns them a rank of 28th best out of 111 companies who report energy loss in Indiana and 609th best out of 3530 in the US.

Tipmont REMC Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.181/kWh$0.122/kWh$242.83/mo.$106.38/mo.
2382nd16.79¢Tipmont REMC's Average residential price per kWh
2606th$181.77Average 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.

-3.27%

Total Energy Loss

18,455MWh

609 National Rank

Grid Reliability

Length & Frequency of Tipmont REMC's Power Outages

176.67 min.

vs. national average of 123.49 min.

0.75 outages/yr

vs. national average of 1.44

Power Outages

Currently, 0 customers are being tracked in Tipmont REMC.

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Customers Out:

0

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Tipmont REMC Coverage Map

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Tipmont REMC State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Indiana28,01583,709,069.318100%

Tipmont REMC County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Clinton County33,010413.30$132.29/mo
Fountain County16,422515.63$165.86/mo
Montgomery County37,9671015.48$169.17/mo
Tippecanoe County188,717415.69$169.10/mo
White County24,593516.07$177.56/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?

Customers of Tipmont REMC, on average, have an electricity bundled rate 16.79 cents per kilowatt hour (¢/kWh).

How many counties does Tipmont REMC sell electricity to?

Tipmont REMC offers service in 5 counties in the United States.

When will Tipmont REMC power be restored?

The average number of minutes for an outage for Tipmont REMC's customers is 176.67 minutes.

Who is the CEO of Tipmont REMC?

Tipmont REMC's CEO is Ron Holcomb.

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

Consumers of Tipmont REMC pay, on average, a monthly bundled bill of $181.77.

What cities does Tipmont REMC supply electricity in?

Tipmont REMC serves 11 cities.

What is the phone number for Tipmont REMC?

You can reach Tipmont REMC by phone via (800) 726-3953.

Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2023-12-06