Rates

Jasper County REMC is dedicated to keeping your rates as low as possible. Our rate structures are reviewed on a regular basis to ensure reliable electrical service and the financial health of the cooperative.

Farm & Home Rates

  • Electrical service to a home
  • Facility charge is $33 per month
  • Excess kVA minimum $1.10 per kilovolt-ampere (kVA)
  • $0.0950 per kilowatt-hour (kWh)
  • Variable energy tracker

General Service/Light Commercial Rates

  • Electrical service to a facility that is not a home, does not have a home on the same meter, and may be in a business name
  • Facility charge/single phase is $38 per month
  • Facility charge/three phase is $68 per month
  • Excess kVA minimum $1.10 per kVA
  • $0.09050 per kWh
  • Variable energy tracker

Solar Programs

  • 2 options for members to benefit from renewables
  •  Visit our Solar Program page for more information

Large Power, Commercial/Industrial

  • Please contact our CEO/GM, Jon Rich, for information on Large Power, Commercial/Industrial and Economic Development rates
  • We also have a rate applicable to Commercial/Industrial members with generation equipment
  • Call us at (219) 866-4601 to see how we can help you reach your energy goals

Everything You Need to Know

What’s a facility charge?

The Facility Charge–built into your monthly billing–is simply the money it takes for us to build and maintain the equipment, lines, poles, substations, and run your cooperative. It is a flat fee – although the fee is different for each billing class; residential, commercial, large power or industrial.

Every 4 years or so, our board of directors performs a Cost of Service Study to make sure our Facility Charge is indeed covering the bills we incur on your behalf. The Facility Charge is due on an active account even if no kilowatt-hours are used because we still have to maintain the system that could deliver power to that service.

What’s an energy tracker?

The easiest explanation is to say, “It’s a billing adjustment to cover the fluctuating cost of power that we purchase on your behalf.”

Try this analogy: "Gasoline stations have an advantage that they can change the cost of a gallon of gas every day when the cost of the product increases. Utility companies can't change our base kilowatt rates every day to cover the fluctuation in the cost of power. This basic premise is the reason why the Energy Tracker is on your bill."

The power we buy every day to sell to you has been fluctuating as much as gasoline prices. The Energy Tracker allows us to keep our base rates low at all times but still collect the money we will owe for the purchased power.

Our rate of 9.5¢ per kWh doesn’t cover the actual cost of the power you are using. The Tracker allows us to pay the difference to our power supplier.

There is no mark-up in the Tracker. There is no profit made from the Tracker. It is not a flat fee. It is only a fluctuating pass-through cost from the power supplier to us and then to you.

The good news is, you can directly affect the Energy Tracker cost on your bill. It is directly proportional to your kilowatt use in your home each month. If you have all of your Christmas lights plugged in all night long in December, your Tracker cost will be higher. If you have your pool on during the summer, your Tracker cost will be higher. If you conserve energy, your Tracker cost will go down.