We offer the following rates:
- General Service
- Small Power
- Electric Schools
- Large Power
- Large Large Power
- Net Metering
- EnviroWatts Green Power
- Co-op Solar
For any additional information regarding our rates, call us at 800-897-7362.
Rates
Boone REMC offers several rates to our members, depending on their usage and needs.
For residential customers, a General Service Single Phase rate is common. Here’s how that breaks down* for a household using 1,600 kWh per month:
*updated February 2023
Customer Charge
$43.66
Monthly charge associated with the recovery of the cost of installing and maintaining the equipment needed to provide service to each member’s location
Wholesale Energy Charge
1,600 kWh @ 0.083964
$134.34
Charges directly from Wabash Valley Power Alliance, Boone REMC’s power provider; includes the costs associated with the generation and transmission of electricity over high voltage power lines
Energy Delivery Charge
1,600 kWh @ .03755
$60.08
Cost of delivering electricity to each member’s location
Indiana Sales Tax (7%)
$16.67
Total Bill
$254.75