We offer the following rates:

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